ENGLISH

Banking Policy in Japan : American Efforts at Reform During the Occupation

By William M. Tsutsui

Book information

Publisher
Taylor & Francis Group
Year
2010
ISBN
9780203845608, 9780415585255
LCC
HG3324 -- .T78 2011eb
Language
english
Format
EPUB
Filesize
423 kB (432835 bytes)
Series
Routledge Library Editions: Japan Series
Edition
1
Pages
127\0
Time added
2023-08-23 02:08:29
Banks and banking -- Japan. ; Fiscal policy -- Jap

Description

The unique Japanese banking system has contributed greatly to Japan's post-war economic advance by investing aggressively in industry and by supporting close government-business relations. The banking sector might not have come to assume such a significant role, however, had American efforts to reform Japanese finance during the Occupation (1945-52) been successful. How Japan's banking system maintained continuity of development and avoided the occupiers' attempts at "democratisation" and "Americanisation" is the subject of this book. It explores why the Americans were committed to reform, the reasons they failed and how important the maintenance of the financial status quo was to the subsequent development of Japan's "miracle" economy.

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