戦後復興期の金融構造(1)戦後インフレーションとその対策  [in Japanese] Postwar Inflation in Japan, 1945-48  [in Japanese]

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Abstract

When the long time of the War was over in 1945, the postwar severe inflation broke out. In February 1946 the Japanese Government enforced the Emergency Finanacial Measures freezing deposits and cash in order to curtail excess purchasing power. But these measures had only a temporary effect on inflation, which soon regained its tempo. In the mid-1948 inflation slowed down its tempo because the recovery of production and the restrictive credit control. However, the real end of inflation depended on the "Dodge Line" in 1949. Japan experienced the most severe postwar inflation in the major countries. In a result, Japanese people lost the value of financial assets as well as were afflicted with price increasing. Most of Japanese business firms suffered their own capital ratios falling. On the contrary, Japanese Government favored the payment of war--time debt owing to its real value reducing. After postwar inflation was brought to an end by "Dodge Line", Japanese Government decided her single exchange rate. Though it means new start of Japanese economy, its action was one year behind West Germany.

Journal

  • Journal of the Faculty of International Studies,Bunkyo University

    Journal of the Faculty of International Studies,Bunkyo University 10(1), 1-21, 1999-10

    Bunkyo University

Codes

  • NII Article ID (NAID)
    110001139361
  • NII NACSIS-CAT ID (NCID)
    AN10363700
  • Text Lang
    JPN
  • Article Type
    departmental bulletin paper
  • Journal Type
    大学紀要
  • ISSN
    09173072
  • NDL Article ID
    4887545
  • NDL Source Classification
    ZV1(一般学術誌--一般学術誌・大学紀要)
  • NDL Call No.
    Z22-1627
  • Data Source
    NDL  NII-ELS  IR 
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