[PDF] Analysis Of Postwar Japanese Economy April 1950 Research Section Economic Stabilization Board eBook

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 229 pages
File Size : 12,69 MB
Release : 1963-01-01
Category : Business & Economics
ISBN : 1451956029

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This paper discusses effects of inflation on economic development. A mild inflation may well encourage little, or no, evasion of the “inflation tax.” On the other hand, a strong inflation, and frequently a mild one also, will lead to community reactions which have effects like those of widespread tax evasion. A development policy may have wider aims than the encouragement of a high level of investment. Inflation has two effects on the desire for liquidity, which are related to the two basic reasons why individuals and businesses wish to hold liquid assets—the speculative and precautionary motives. Inflation increases the value of effective liquidity, thereby raising the community's desire for it, but it makes the most generally accepted store of liquidity unacceptable sources of protection. The control of inflation is only one of the problems facing a government wishing to encourage rapid economic development. The fight against illiteracy, the reform of bureaucratic practices, the building of basic sanitary facilities for the eradication of endemic diseases, the substitution of competitive for monopolistic trade practices, the encouragement of a widespread spirit of entrepreneurship, and the creation of an adequate amount of social capital, may be important prerequisites for rapid growth.

Author : Arnold G. Fisch
Publisher :
Page : 370 pages
File Size : 36,11 MB
Release : 1988
Category : Government publications
ISBN :

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Military government on Okinawa from the first stages of planning until the transition toward a civil administration.

Author : Yoshiro Miwa
Publisher : University of Chicago Press
Page : 197 pages
File Size : 25,97 MB
Release : 2010-02-15
Category : Law
ISBN : 0226532720

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For Western economists and journalists, the most distinctive facet of the post-war Japanese business world has been the keiretsu, or the insular business alliances among powerful corporations. Within keiretsu groups, argue these observers, firms preferentially trade, lend money, take and receive technical and financial assistance, and cement their ties through cross-shareholding agreements. In The Fable of the Keiretsu, Yoshiro Miwa and J. Mark Ramseyer demonstrate that all this talk is really just urban legend. In their insightful analysis, the authors show that the very idea of the keiretsu was created and propagated by Marxist scholars in post-war Japan. Western scholars merely repatriated the legend to show the culturally contingent nature of modern economic analysis. Laying waste to the notion of keiretsu, the authors debunk several related “facts” as well: that Japanese firms maintain special arrangements with a “main bank,” that firms are systematically poorly managed, and that the Japanese government guided post-war growth. In demolishing these long-held assumptions, they offer one of the few reliable chronicles of the realities of Japanese business.

Author : E. Herbert Norman
Publisher : UBC Press
Page : 338 pages
File Size : 11,73 MB
Release : 2000
Category : Business & Economics
ISBN : 0774808233

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Originally published in 1940 by the Institute of Pacific Relations (IPR), this classic work by a leading 20th-century Japanologist has an enduring value. Japan's Emergence as a Modern State examines the problems and accomplishments of the Meiji period (1868-1912).This edition includes forewords by: R. Gordon Robertson, a former member of the Canadian Department of External Affairs; Len Edwards, the present Canadian ambassador to Japan; and William L. Holland, former secretary-general of the IPR; as well as a preface and introduction by Lawrence Woods. Also included are 10 short essays by leading Canadian, Japanese, and American scholars of Japanese politics, history, and economics,