The government should inject public money into financial institutions through the issuance of special bonds to protect depositors and insurance policy holders in the event of a financial collapse, a think tank affiliated with the Japan Federation of Economic Organizations (Keidanren) proposed Friday.

According to the proposal by the 21st Century Public Policy Institute, which was established in April by Keidanren, a special account for troubled institutions should be created and it should be kept separate from the government’s general account to ensure the transparency of the flows of public money.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.