Banking policy in Japan : American efforts at reform during the occupation

Bibliographic Information

Banking policy in Japan : American efforts at reform during the occupation

William M. Tsutsui

(Routledge library editions, . Japan ; v. 19)

Routledge, 2013

  • : pbk

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Note

"First published 1988. This edition first published in 2011. First issued in paperback 2013" -- T.p. verso

Includes bibliographical references (p. 146-151) and index

Description and Table of Contents

Description

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.

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

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