Japan, an Economic and Financial Appraisal

Japan, an Economic and Financial Appraisal

Japan, an Economic and Financial Appraisal

Japan, an Economic and Financial Appraisal

Excerpt

This book is the product of a co-operative research effort of a quite unusual character. The study was suggested three years ago by Mr. Junnosuke Inouye, then president of the Institute of Pacific Relations, who was familiar with the studies which the Institute of Economics had heretofore made of various European countries. It was the idea of this eminent Japanese statesman, financier, and civic leader that a comprehensive scientific investigation of Japan's general economic and financial condition would not only prove distinctly useful to Japan at a crucial period in her history but, at the same time, through clarifying economic issues and problems, would serve to correct both in Japan and abroad certain economic misconceptions which have been a fruitful source of international misunderstanding.

As a means of making the investigation possible, Mr. Inouye, as Governor of the Bank of Japan, placed at our disposal the facilities of the Economic Research Department of the Bank and gave us the active collaboration of Mr. Junichi Ko, the chief of that Department. By virtue of the fact that Mr. Inouye in 1929 became for a second time the Finance Minister of Japan, the aid of all the departments of government in assembling the necessary data was readily secured.

As the first step in the investigation, there was prepared an extensive outline by chapter and subdivision, which called for the assembling and translation into English of a vast amount of factual and statistical material. The Research Department of the Bank of Japan . . .

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