Japanese Banking by Norio Tamaki

Japanese Banking by Norio Tamaki

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Summary

This book, first published in 1995, provides a full account in English of the banking industry in Japan for a century following the opening of the country to the outside world in 1859. The book ends with an assessment of the post-war financial system which developed out of the Macarthur directives and the subsequent American 'democratisation' programme.

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Japanese Banking by Norio Tamaki

How did the Japanese achieve their unrivalled position in world banking? This book, first published in 1995, provides a full account in English of the banking industry in Japan for the century following the opening of the country to the outside world in 1859. Professor Tamaki begins by considering the period of experimentation during the Meiji Restoration which resulted in the adoption of the Gold Standard in 1891. He then offers a detailed examination of the highly profitable years up to the end of the First World War and of the subsequent crisis which was hastened by the earthquake that devastated Tokyo and Yokohama in 1923 and sealed by the financial collapse of 1927. New light is thrown on the extraordinary role played by the banking industry during the period of military expansionism which culminated with defeat in the Second World War. The book ends with an assessment of the post-war financial system which developed out of the Macarthur directives and the subsequent American 'democratisation' programme.
"..a useful addition to all banking and finance collections." Choice
"This book offers a useful overview of Japan's banking institutions as they evolved....it provides material not readily accessible in other English-language literature. The author also does a good job of setting the development of Japanese banking into the larger context of Japan's modern history. The result is a book...too thoughtful to dismiss as superfiical. It would be a mistake, however, to understate the value of the book. This book treats one aspect of the problem from a perspective that is thoughtful, thought-provoking, and not mired in the theoretical assumptions that shape much Western literature on the subject. A careful reader will find much in it about which to think." Elizabeth P. Tsunoda
"This book offers a useful overview of Japan's banking institutions as they evolved.... Drawn largely from Japanese sources, it provides material not readily accessible in other English-language literature. The author also does a good job of setting the development of Japanese into the larger context of Japan's modern history. A careful reader will find much in it about which to think." Elizabeth P. Tsunoda, The Historian
SKU Unavailable
ISBN 13 9780521496766
ISBN 10 0521496764
Title Japanese Banking
Author Norio Tamaki
Series Studies In Macroeconomic History
Condition Unavailable
Binding Type Hardback
Publisher Cambridge University Press
Year published 1995-09-07
Number of pages 312
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.