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Japan and World Depression

Japan and World Depression PDF Author: Ronald Philip Dore
Publisher: Springer
ISBN: 1349075205
Category : Business & Economics
Languages : en
Pages : 208

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Book Description

Japan and World Depression

Japan and World Depression PDF Author: Ronald Philip Dore
Publisher: Springer
ISBN: 1349075205
Category : Business & Economics
Languages : en
Pages : 208

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Book Description


A Time of Crisis

A Time of Crisis PDF Author: Kerry Douglas Smith
Publisher: Harvard Univ Asia Center
ISBN: 9780674003705
Category : History
Languages : en
Pages : 481

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Book Description
This study of Japan's transformation by the economic crises of the 1930s focuses on efforts to overcome the effects of the Great Depression in rural areas, particularly the activities of local activists and Tokyo policymakers. Smith sheds light on how average Japanese responded to problems of modernization and how they re-created the countryside.

The Interwar Economy of Japan

The Interwar Economy of Japan PDF Author: Michael Smitka
Publisher: Taylor & Francis
ISBN: 9780815327066
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
This volume traces the modern critical and performance history of this play, one of Shakespeare's most-loved and most-performed comedies. The essay focus on such modern concerns as feminism, deconstruction, textual theory, and queer theory.

The Japanese Economy During the Great Depression

The Japanese Economy During the Great Depression PDF Author: Masato Shizume
Publisher: Springer Nature
ISBN: 9811373574
Category : Business & Economics
Languages : en
Pages : 111

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Book Description
This book provides a systematic explanation of a remarkable policy innovation in an emerging economy in the modern world. In doing so, it highlights the nature of the Japanese economy during the interwar period. It offers a canonical case study for an international macroeconomic policy of a small and open economy. Readers can draw lessons from the Japanese experience in the 1930s, recalling what kinds of challenges policymakers faced in a crisis situation, what they can do, and what they should not do. As a whole, it is a novel reference both for scholars in economic history and international economics and for policymakers all over the world. A comprehensive and clear-cut picture of the Japanese economy during the Great Depression in the 1930s is presented, including the policy innovations brought about by an iconoclastic finance minister, Korekiyo Takahashi, at that time. To this end, the book integrates the narrative analysis based on newly available archival documents and the quantitative analysis based on newly constructed macroeconomic data and contemporary econometric methodologies. This work shows how Japan escaped from the depression in its early stage. It illustrates a transmission mechanism of the macroeconomic stimulus package of currency depreciation, easy money, and fiscal expansion. As well, it argues that the key for economic recovery was currency depreciation and that expectations played a pivotal role in ending deflation and kick-starting economic recovery. Also contained here is an exploration of politico-economic interaction in the shaping of economic policy and the long-term consequences of policy actions such as departure from the gold standard and initiation of the government debt finance by the central bank. It is shown that the collapse of the international gold standard and the lack of governance of military spending resulted in a loss of fiscal discipline in the long run.

China During the Great Depression

China During the Great Depression PDF Author: Tomoko Shiroyama
Publisher: BRILL
ISBN: 1684174651
Category : History
Languages : en
Pages :

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Book Description
"The Great Depression was a global phenomenon: every economy linked to international financial and commodity markets suffered. The aim of this book is not merely to show that China could not escape the consequences of drastic declines in financial flows and trade but also to offer a new perspective for understanding modern Chinese history. The Great Depression was a watershed in modern China. China was the only country on the silver standard in an international monetary system dominated by the gold standard. Fluctuations in international silver prices undermined China’s monetary system and destabilized its economy. In response to severe deflation, the state shifted its position toward the market from laissez-faire to committed intervention. Establishing a new monetary system, with a different foreign-exchange standard, required deliberate government management; ultimately the process of economic recovery and monetary change politicized the entire Chinese economy. By analyzing the impact of the slump and the process of recovery, this book examines the transformation of state–market relations in light of the linkages between the Chinese and the world economy."

The Holy Grail of Macroeconomics

The Holy Grail of Macroeconomics PDF Author: Richard C. Koo
Publisher: John Wiley & Sons
ISBN: 1118179188
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
The revised edition of this highly acclaimed work presents cruciallessons from Japan's recession that could aid the US and othereconomies as they struggle to recover from the current financialcrisis. This book is about Japan's 15-year long recession and how itaffected current theoretical thinking about its causes and cures.It has a detailed explanation on what happened to Japan, but thediscoveries made are so far-reaching that a large portion ofeconomics literature will have to be modified to accommodateanother half to the macroeconomic spectrum of possibilities thatconventional theorists have overlooked. The author developed the idea of yin and yang business cycleswhere the conventional world of profit maximization is the yang andthe world of balance sheet recession, where companies areminimizing debt, is the yin. Once so divided, many varied theoriesdeveloped in macro economics since the 1930s can be nicelycategorized into a single comprehensive theory- The Holy Grailof Macro Economics

China During the Great Depression

China During the Great Depression PDF Author: Tomoko Shiroyama
Publisher: Harvard Univ Council on East Asian
ISBN:
Category : Business & Economics
Languages : en
Pages : 325

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Book Description
The Great Depression was a global phenomenon: every economy linked to international financial and commodity markets suffered. The aim of this book is not merely to show that China could not escape the consequences of drastic declines in financial flows and trade but also to offer a new perspective for understanding modern Chinese history. The Great Depression was a watershed in modern China. China was the only country on the silver standard in an international monetary system dominated by the gold standard. Fluctuations in international silver prices undermined Chinaâe(tm)s monetary system and destabilized its economy. In response to severe deflation, the state shifted its position toward the market from laissez faire to committed intervention. Establishing a new monetary system, with a different foreign-exchange standard, required deliberate government management; ultimately the process of economic recovery and monetary change politicized the entire Chinese economy. By analyzing the impact of the slump and the process of recovery, this book examines the transformation of state-market relations in light of the linkages between the Chinese and the world economy.

Global Great Depression and the Coming of World War II

Global Great Depression and the Coming of World War II PDF Author: John E. Moser
Publisher: Routledge
ISBN: 1317259017
Category : Political Science
Languages : en
Pages : 238

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Book Description
The Global Great Depression and the Coming of World War II demonstrates the ways in which the economic crisis of the late 1920s and early 1930s helped to cause and shape the course of the Second World War. Historian John E. Moser points to the essential uniformity in the way in which the world s industrialized and industrializing nations responded to the challenge of the Depression. Among these nations, there was a move away from legislative deliberation and toward executive authority; away from free trade and toward the creation of regional trading blocs; away from the international gold standard and toward managed national currencies; away from chaotic individual liberty and toward rational regimentation; in other words, away from classical liberalism and toward some combination of corporatism, nationalism, and militarism.For all the similarities, however, there was still a great divide between two different general approaches to the economic crisis. Those countries that enjoyed easy, unchallenged access to resources and markets the United States, Great Britain, the Soviet Union, and France tended to turn inward, erecting tariff walls and promoting domestic recovery at the expense of the international order. On the other hand, those nations that lacked such access Germany and Japan sought to take the necessary resources and markets by force. The interplay of these powers, then, constituted the dynamic of international relations of the 1930s: have-nots attempting to achieve self-sufficiency through aggressive means, challenging haves that were too distrustful of one another, and too preoccupied with their own domestic affairs, to work cooperatively in an effort to stop them.

The Japanese Economy

The Japanese Economy PDF Author: Craig Freedman
Publisher: Routledge
ISBN: 9780415836326
Category : Japan
Languages : en
Pages : 256

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Book Description
This textbook offers an accessible guide to the modern Japanese economy by examining how Japan developed from a defeated and destitute country following World War II to a dominant economic power in the 1980s and then a persistently troubled economy beginning in the 1990s. Craig Freedman, an experienced teacher and scholar of economics, provides students with an understanding of the Japanese economy works and how to employ economic reasoning to analyse the specifics of any economy. Part I explains how specific economies can be fruitfully analysed and understood and will outline what is different about the Japanese economy in terms of structure and institutions. Part II explains how government policy shaped the economy toward the goal of a low risk, middle class society and fostered rapid, ‘miracle’ growth in the post war period. It also examines the way in which this policy led to an inability to move the economy out of its extended slump in the last two decades. Part III then looks at the supply or production side of the Japanese economy focusing on the key markets and organizations that formed the basis of the Japanese economy. Finally, Part IV looks at parallel developments in South Korea and China and examines how these countries attempted to adapt the Japanese model to their local differences, needs and objectives. Featuring suggestions for further reading, end of chapter study questions, boxed case studies and a glossary of key terms, The Japanese Economy is an essential textbook for both undergraduate and postgraduate courses on the Japanese economy or East Asian economies more generally.

Asian Depression World Recession

Asian Depression World Recession PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description