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

by William Tsutsui

Overview

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.

Product Details

ISBN-13:	9780415852692
Publisher:	Taylor & Francis
Publication date:	08/07/2013
Series:	Routledge Library Editions: Japan
Pages:	174
Product dimensions:	6.12(w) x 9.19(h) x (d)

Table of Contents

1. Background to Reform: The Development of Japanese Banking, 1868-1945 2. "Financial Demilitarisation" 1945-8 3. The Banks and the Antitrust Programme, 1945-8 4. Legal Reform of the Financial System, 1948-50 5. Finance Under the Dodge Line, 1949-52 6. Conclusions Appendices