Bank of Japan Assignment Essay

Bank of Japan Assignment Essay

Description/Paper Instructions

Bank of Japan Assignment Essay

The Bank of Japan (BOJ) is the central bank of Japan. It was founded in 1882 and is headquartered in Tokyo. The BOJ’s main responsibilities include:

• Issuing and managing the Japanese yen
• Implementing monetary policy
• Maintaining the stability of the Japanese financial system
• Providing settlement and clearing services

The BOJ is governed by a Policy Board, which is made up of the governor, two deputy governors, and six executive directors. The Policy Board is responsible for setting the BOJ’s monetary policy targets and for overseeing the implementation of those targets.

The BOJ’s monetary policy targets are to achieve price stability and to maintain the stability of the financial system. Price stability is defined as an annual rate of change in the consumer price index of 2%. The BOJ uses a variety of tools to implement its monetary policy, including:

• Open market operations
• Discount window lending
• Asset purchases

The BOJ has been under pressure to take more aggressive monetary policy measures in recent years in order to combat deflation. In 2013, the BOJ launched a quantitative easing program, which involved the purchase of large amounts of government bonds and other assets. The BOJ has also lowered its policy interest rate to near zero.

The BOJ’s independence from the government is protected by the Bank of Japan Law. The law states that the BOJ is not subject to the instructions of the government or any other entity. The BOJ’s independence is important because it allows the bank to make decisions that are in the best interests of the Japanese economy, even if those decisions are not popular with the government.

The BOJ has played a significant role in the development of the Japanese economy. The bank’s monetary policy has helped to stabilize the economy and to promote economic growth. The BOJ’s financial stability measures have helped to protect the Japanese financial system from crises. The BOJ’s settlement and clearing services have helped to facilitate the smooth flow of money in the Japanese economy.

The BOJ is a major player in the global financial system. The bank’s monetary policy decisions have a significant impact on the value of the Japanese yen and on the global economy. The BOJ’s financial stability measures are also important for the global financial system.

The BOJ is a well-respected central bank. The bank has a long history of sound monetary policy and financial stability. The BOJ is committed to serving the best interests of the Japanese economy.

Here are some additional facts about the Bank of Japan:

• The BOJ’s official website is www.boj.or.jp.
• The BOJ’s Twitter handle is @BOJ_en.
• The BOJ’s annual report is available on its website.
• The BOJ publishes a monthly bulletin on its website.
• The BOJ’s monetary policy decisions are announced on the first Monday of each month.

Bank of Japan Assignment Essay

RUBRIC QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points:  Student failed to submit the final paper. 20 points out of 50:  The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50:  The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately.  Elements of the required response may also be lacking. 40 points out of 50:  The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples.  The answer is complete. 50 points:  The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples.  No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points:  Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points:  Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points:  References to scholarly sources are occasionally given; many statements seem unsubstantiated.  Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points:  Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented.  APA 6th Edition is used with only a few minor errors.  There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points:  Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented.  APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points:  Student failed to submit the final paper. 5 points out of 20:  The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors  10 points out 20:  The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20:  The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points:  The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points:  Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements.  The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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