The Japanese Economy During the Great Depression - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Japanese Economy During the Great Depression write by Masato Shizume. This book was released on 2021-09-25. The Japanese Economy During the Great Depression available in PDF, EPUB and Kindle. This book provides a systematic explanation of a remarkable policy innovation in an emerging economy in the modern world. In doing so, it highlights the nature of the Japanese economy during the interwar period. It offers a canonical case study for an international macroeconomic policy of a small and open economy. Readers can draw lessons from the Japanese experience in the 1930s, recalling what kinds of challenges policymakers faced in a crisis situation, what they can do, and what they should not do. As a whole, it is a novel reference both for scholars in economic history and international economics and for policymakers all over the world. A comprehensive and clear-cut picture of the Japanese economy during the Great Depression in the 1930s is presented, including the policy innovations brought about by an iconoclastic finance minister, Korekiyo Takahashi, at that time. To this end, the book integrates the narrative analysis based on newly available archival documents and the quantitative analysis based on newly constructed macroeconomic data and contemporary econometric methodologies. This work shows how Japan escaped from the depression in its early stage. It illustrates a transmission mechanism of the macroeconomic stimulus package of currency depreciation, easy money, and fiscal expansion. As well, it argues that the key for economic recovery was currency depreciation and that expectations played a pivotal role in ending deflation and kick-starting economic recovery. Also contained here is an exploration of politico-economic interaction in the shaping of economic policy and the long-term consequences of policy actions such as departure from the gold standard and initiation of the government debt finance by the central bank. It is shown that the collapse of the international gold standard and the lack of governance of military spending resulted in a loss of fiscal discipline in the long run.
The Japanese Economy During the Great Depression
The Japanese Economy During the Great Depression - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Japanese Economy During the Great Depression write by Masato Shizume. This book was released on 2021. The Japanese Economy During the Great Depression available in PDF, EPUB and Kindle. This book provides a systematic explanation of a remarkable policy innovation in an emerging economy in the modern world. In doing so, it highlights the nature of the Japanese economy during the interwar period. It offers a canonical case study for an international macroeconomic policy of a small and open economy. Readers can draw lessons from the Japanese experience in the 1930s, recalling what kinds of challenges policymakers faced in a crisis situation, what they can do, and what they should not do. As a whole, it is a novel reference both for scholars in economic history and international economics and for policymakers all over the world. A comprehensive and clear-cut picture of the Japanese economy during the Great Depression in the 1930s is presented, including the policy innovations brought about by an iconoclastic finance minister, Korekiyo Takahashi, at that time. To this end, the book integrates the narrative analysis based on newly available archival documents and the quantitative analysis based on newly constructed macroeconomic data and contemporary econometric methodologies. This work shows how Japan escaped from the depression in its early stage. It illustrates a transmission mechanism of the macroeconomic stimulus package of currency depreciation, easy money, and fiscal expansion. As well, it argues that the key for economic recovery was currency depreciation and that expectations played a pivotal role in ending deflation and kick-starting economic recovery. Also contained here is an exploration of politico-economic interaction in the shaping of economic policy and the long-term consequences of policy actions such as departure from the gold standard and initiation of the government debt finance by the central bank. It is shown that the collapse of the international gold standard and the lack of governance of military spending resulted in a loss of fiscal discipline in the long run.
The World Economic Crisis and Japanese Capitalism
The World Economic Crisis and Japanese Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The World Economic Crisis and Japanese Capitalism write by Makoto Itoh. This book was released on 1990-11-01. The World Economic Crisis and Japanese Capitalism available in PDF, EPUB and Kindle. The current world economic crisis and its impact on Japanese capitalism contains many paradoxes. After the historical conditions of continuous growth under US economic hegemony broke down, generating a global economic crisis from the beginning of the 1970s, the restructuring of capitalism through the 'information revolution' seems paradoxically to be causing a historical reverse in social conditions of over a century. Although the Japanese economy is often regarded as an exceptionally successful economy it is not immune from the crisis. The process of restrengthening Japanese competitive power has weakened the social position of Japanese workers. This book offers a stimulating analysis of the dynamics of the world and Japanese economy. The author's previous book The Basic Theory of Capitalism gives a solid theoretical basis for the treatment of the current crisis in this present study.
The Gold Standard Peripheries
The Gold Standard Peripheries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Gold Standard Peripheries write by Anders Ögren. This book was released on 2011-12-16. The Gold Standard Peripheries available in PDF, EPUB and Kindle. The remarkably successful gold standard before 1914 was the first international monetary regime. This book addresses the experience of the gold standard peripheries; i.e. regime takers with limited influence on the regime. How did small countries adjust to an international monetary regime with seemingly little room for policy autonomy?
Economic Ideology and Japanese Industrial Policy
Economic Ideology and Japanese Industrial Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Ideology and Japanese Industrial Policy write by Bai Gao. This book was released on 2002-05-16. Economic Ideology and Japanese Industrial Policy available in PDF, EPUB and Kindle. A major addition to the literature on modern Japanese development, emphasizing the role of ideas and ideology.
