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Financial Stabilization in Meiji Japan
ISBN-13:
9781501746932
Veröffentl:
2020
Seiten:
210
Autor:
Steven J. Ericson
Serie:
Cornell Studies in Money
eBook Typ:
EPUB
eBook Format:
EPUB
Kopierschutz:
2 - DRM Adobe
Sprache:
Englisch
Beschreibung:
With a new look at the 1880s financial reforms in Japan, Steven J. Ericson's Financial Stabilization in Meiji Japan overturns widely held views of the program carried out by Finance Minister Matsukata Masayoshi. As Ericson shows, rather than constituting an orthodox financial-stabilization program-a sort of precursor of the "neoliberal" reforms promoted by the IMF in the 1980s and 1990s-Matsukata's policies differed in significant ways from both classical economic liberalism and neoliberal orthodoxy.
Introduction: Departures from Orthodoxy1. From "Okuma Finance" to "Matsukata Finance,"1873-18812. Orthodox Finance and "The Dictates of Practical Expediency": Influences on Matsukata3. Austerity and Expansion: The Matsukata Reform, 1881-18854. Spending in a Time of "Retrenchment": Industrial Policy and the Military5. Founding a Central Bank6. "Poor Peasant, Poor Country"? The Matsukata DeflationConclusion: The Matsukata Reform As "Expansionary Austerity"
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