Talk:Window guidance

Window guidance vs credit guidance

Hello I've long been planning to write a new entry on "credit guidance" and I just noticed the existence of this page.

From what I understand, window guidance was the specific terminology used in Japan, however credit guidance is a more generic term describing policies that have been developed in France, Canada and other places. Credit guidance is also more straightforward than the term "window" which can ambiguously refer to construction-related language.

@Yokohama1989 Do you agree that credit guidance and window guidance have the same definition? Stanjourdan (talk) 09:31, 4 June 2022 (UTC)[reply]

Yes, if I remember correctly the "window" in window guidance refers to the discount window, i.e the practice of a central bank directly lending to an industry to increase liquidity.

Credit guidance is just another way of characterizing government guidance policy regarding the supply of credit. @Stanjourdan Yokohama1989 (talk) 13:25, 4 June 2022 (UTC)[reply]

OK thank you. So do you reckon we should broaden this entry to other forms of credit guidance as implemented in Europe and other places? Thanks Stanjourdan (talk) 08:44, 12 June 2022 (UTC)[reply]

I'd agree with that, yes. @Stanjourdan Yokohama1989 (talk) 01:55, 23 June 2022 (UTC)[reply]

Feedback from New Page Review process

I left the following feedback for the creator/future reviewers while reviewing this article: Nice work.

North8000 (talk) 01:22, 22 June 2022 (UTC)[reply]

Examples

The Japan and China sections on this page say that each country used window guidance in general terms, but do not specify what they actually did. Examples would help clarify the concept. 2607:FEA8:C260:200:FC84:1602:DB1A:7BC9 (talk) 16:02, 24 November 2022 (UTC)[reply]

"Window guidance is often criticized..."

There is a sentence that claims "Window guidance is often criticized for causing inefficient capital allocation as well as being a form of central planning." - There is a single footnote attached, but reading the source carefully I take problem with this sentence:

1. "Often criticized" - one source that doesn't reference other sources, shouldn't make such a definitive statement.

2. "causing inefficient capital allocation" - the closest I can find is "the only way for [window guidance to] work is by having capital funneled towards favored industries." (sidenote, I think the technical term ought to be credit here but unsure...) so the source mean *causing favoritism for capital allocation*. It doesn't equate the policy being inefficient, but instead *may imply* it isn't *the most efficient*.

3. "being a form of central planning." - The source doesn't use this specific term and it does seem to me this is an interpretation by the editor who added this? I would go with "direct state intervention" (since it's the government and BoJ that intervened in credit creation within a market economy)

I'm changing it to "Window guidance has been noted for causing favouritism for capital allocation, as well as being a form of direct government intevention." for now, and I would like to see more sources to contribute in this part, and also expand it for a nuanced understanding of the policy. Carolus Bellmanus (talk) 01:17, 22 July 2025 (UTC)[reply]