Financial Stabilization in Meiji Japan

Financial Stabilization in Meiji Japan PDF Author: Steven J. Ericson
Publisher: Cornell University Press
ISBN: 1501746936
Category : History
Languages : en
Pages : 141

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Book Description
With a new look at the 1880s financial reforms in Japan, Steven J. Ericson's Financial Stabilization in Meiji Japan overturns widely held views of the program carried out by Finance Minister Matsukata Masayoshi. As Ericson shows, rather than constituting an orthodox financial-stabilization program—a sort of precursor of the "neoliberal" reforms promoted by the IMF in the 1980s and 1990s—Matsukata's policies differed in significant ways from both classical economic liberalism and neoliberal orthodoxy. The Matsukata financial reform has become famous largely for the wrong reasons, and Ericson sets the record straight. He shows that Matsukata intended to pursue fiscal retrenchment and budget-balancing when he became finance minister in late 1881. Various exigencies, including foreign military crises and a worsening domestic depression, compelled him instead to increase spending by running deficits and floating public bonds. Though he drastically reduced the money supply, he combined the positive and contractionary policies of his immediate predecessors to pull off a program of "expansionary austerity" paralleling state responses to financial crisis elsewhere in the world both then and now. Through a new and much-needed recalibration of this pivotal financial reform, Financial Stabilization in Meiji Japan demonstrates that, in several ways, ranging from state-led export promotion to the creation of a government-controlled central bank, Matsukata advanced policies that were more in line with a nationalist, developmentalist approach than with a liberal economic one. Ericson shows that Matsukata Masayoshi was far from a rigid adherent of classical economic liberalism.

Financial Stabilization in Meiji Japan

Financial Stabilization in Meiji Japan PDF Author: Steven J. Ericson
Publisher: Cornell University Press
ISBN: 1501746936
Category : History
Languages : en
Pages : 141

Get Book Here

Book Description
With a new look at the 1880s financial reforms in Japan, Steven J. Ericson's Financial Stabilization in Meiji Japan overturns widely held views of the program carried out by Finance Minister Matsukata Masayoshi. As Ericson shows, rather than constituting an orthodox financial-stabilization program—a sort of precursor of the "neoliberal" reforms promoted by the IMF in the 1980s and 1990s—Matsukata's policies differed in significant ways from both classical economic liberalism and neoliberal orthodoxy. The Matsukata financial reform has become famous largely for the wrong reasons, and Ericson sets the record straight. He shows that Matsukata intended to pursue fiscal retrenchment and budget-balancing when he became finance minister in late 1881. Various exigencies, including foreign military crises and a worsening domestic depression, compelled him instead to increase spending by running deficits and floating public bonds. Though he drastically reduced the money supply, he combined the positive and contractionary policies of his immediate predecessors to pull off a program of "expansionary austerity" paralleling state responses to financial crisis elsewhere in the world both then and now. Through a new and much-needed recalibration of this pivotal financial reform, Financial Stabilization in Meiji Japan demonstrates that, in several ways, ranging from state-led export promotion to the creation of a government-controlled central bank, Matsukata advanced policies that were more in line with a nationalist, developmentalist approach than with a liberal economic one. Ericson shows that Matsukata Masayoshi was far from a rigid adherent of classical economic liberalism.

Structural Reform in Japan

Structural Reform in Japan PDF Author: Eisuke Sakakibara
Publisher: Rowman & Littlefield
ISBN: 0815796269
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
In this unusually candid book, Japan's former top financial diplomat asserts the urgent need for wholesale structural reform to revitalize the long-stagnant Japanese economy. Eisuke Sakakibara, whose influence over global currency markets earned him the nickname of "Mr. Yen," envisions a social and economic revolution that encompasses all sectors of Japanese society. Whereas previous analyses of Japanese policies of the past decade focus narrowly on such issues as nonperforming assets and deregulation, Sakakibara provides a new perspective. Japan's economic problems are structural, rather than cyclical, according to Sakakibara. Profitable investment opportunities are hard to find in the dysfunctional corporate sector, where costs are high and income continues to decline. The country's entrenched power elite—the Liberal Democratic Party, the bureaucracy, and vested interest groups—are threatened by reform efforts. It will be difficult to restore economic health to Japan until its political leaders are able to break the grip of this "iron triangle" and implement aggressive, widespread reforms. This book furthers the understanding that structural reform or new institution building in Japan needs an all-encompassing approach that includes the various sectors of Japanese society and the economy. Only with this kind of understanding can pragmatic and meaningful structural reform in Japan be implemented.

Mito and the Politics of Reform in Early Modern Japan

Mito and the Politics of Reform in Early Modern Japan PDF Author: Michael Alan Thornton
Publisher: Rowman & Littlefield
ISBN: 1793641900
Category : History
Languages : en
Pages : 267

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Book Description
This book examines early modern Mito, today an ordinary provincial capital on the outskirts of the Tokyo commuter belt, but once the headquarters of Mito Domain, one of the most consequential places in all of Japan. As one of just three senior branches of the Tokugawa family—which ruled over Japan for 260 years—Mito’s ruling family enjoyed unparalleled status and exerted enormous influence throughout its history. In the seventeenth century, its scholars produced some of early modern Japan’s most important historical scholarship. In the eighteenth century, it developed a robust and pragmatic program of reform to confront depopulation and foreign threats. In the nineteenth century, it became the birthplace of a revolutionary ideology that transformed Japan into a modern, imperial nation. The power of these ideas swept across Japan, inspiring activists everywhere to take up the cause of building a new nation—but they also devastated Mito, leading to a brutal civil war that scarred its people for generations. This book complements existing studies of Mito’s ideas by focusing on the history of Mito as a place and telling the stories of Mito’s politicians, reformers, and ordinary people from the beginning of the domain’s history to its end.

Land Reform in Japan

Land Reform in Japan PDF Author: Ronald Dore
Publisher: A&C Black
ISBN: 1780939655
Category : History
Languages : en
Pages : 547

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Book Description
The land reform carried out in Japan during the period of American Occupation is often spoken of as one of the most successful of the post-war reforms. It was certainly one of the most thorough going redistributions of land which the world has seen. A third of the total area of arable land changed hands, and nearly a third of the total population of the country was affected. Socially, the land reform accelerated the decay in feudal institutions, rendering the lot of the Japanese farmer considerably better than it once was. First published in 1984, this title is part of the Bloomsbury Academic Collections series.

Educational Progressivism, Cultural Encounters and Reform in Japan

Educational Progressivism, Cultural Encounters and Reform in Japan PDF Author: Yoko Yamasaki
Publisher: Taylor & Francis
ISBN: 1317354389
Category : Education
Languages : en
Pages : 243

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Book Description
Educational Progressivism, Cultural Encounters and Reform in Japan provides a critical analysis of educational initiatives, progressive ideas and developments in curriculum and pedagogy in Japan, from 1900 to the present day. Drawing on evidence of both cultural encounters and internal drivers for progressivism and reform, this book re-evaluates the history of Japanese education to help inform ongoing and future debates about education policy and practice worldwide. With contributions from Japanese scholars specialising in the history and philosophy of education and curriculum studies, chapters consider key collaborative improvements to teacher education, as well as group learning, ‘life education’, the creative arts and writing, and education for girls and women. The book examines Western influences, including John Dewey, Carleton Washburne and A. S. Neill, as well as Japan’s own progressive exports, such as holistic Zenjin education, Children’s Villages and Lesson Study, highlighting cultural encounters and progressive initiatives at both transnational and national levels. The chapters reflect on historical and political background, motivations, influences and the impact of Japanese progressive education. They also stimulate, through argument and critical discussion, a continuing discourse concerning principles, policy, politics and practices of education in an increasingly globalised society. A rigorous and critical study of the history of progressive education in Japan, this book will interest an international readership of academics, researchers and postgraduate students in the fields of progressive education, comparative education, social and cultural history, history of education, Japanese studies, curriculum studies, and the history of childhood.

Electoral Reform and National Security in Japan

Electoral Reform and National Security in Japan PDF Author: Amy Catalinac
Publisher: Cambridge University Press
ISBN: 1107120497
Category : Political Science
Languages : en
Pages : 267

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Book Description
This book argues that Japanese politicians pay more attention to security issues nowadays because of the electoral reform.

Literacy and Script Reform in Occupation Japan

Literacy and Script Reform in Occupation Japan PDF Author: J. Marshall Unger
Publisher: Oxford University Press, USA
ISBN: 0195101669
Category : Japanese language
Languages : en
Pages : 189

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Book Description
Although the United States Education Mission recommended that the Japanese give serious consideration to the introduction of alphabetic writing, key American officials in the Civil Information and Education Section of GHQ/SCAP delayed and effectively killed action on this recommendation. Japanese advocates of romanization nevertheless managed to obtain CI&E approval for an experiment in elementary schools to test the hypothesis that schoolchildren could make faster progress if spared the necessity of studying Chinese characters as part of non-language courses such as arithmetic. Though not conclusive, the experiment's results supported the hypothesis and suggested the need for more and better testing.

Principle, Praxis, and the Politics of Educational Reform in Meiji Japan

Principle, Praxis, and the Politics of Educational Reform in Meiji Japan PDF Author: Mark Lincicome
Publisher: University of Hawaii Press
ISBN: 0824864018
Category : History
Languages : en
Pages : 311

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Book Description
Scholars of modern Japan agree that education played a crucial role in that country's rapid modernization during the Meiji period (1868-1912). With few exceptions, however, Western approaches to the subject treat education as an instrument of change controlled by the Meiji political and intellectual elite. Principle, Praxis, and the Politics of Educational Reform in Meiji Japan offers a corrective to this view. By introducing primary source materials (including teaching manuals, educational periodicals, and primary school textbooks) missing from most English-language works, Mark Lincicome examines an early case of resistance to government control that developed within the community of professional educators. He focuses on what began, in 1872, as an attempt by the newly established Ministry of Education to train a corps of professional teachers that could "civilize and enlighten" the masses in compulsory primary schools. Through the Tokyo Normal School and other new teacher training schools sponsored by the government, the ministry began what it thought was a straightforward "technology transfer" of the latest teaching methods and materials from the United States and Europe. Little did the ministry realize that it was planting the seeds of broader reform that would challenge not only its underlying doctrine of education, but its very authority over education. The reform movement centered around efforts to explicate and disseminate the doctrine of kaihatsushugi (developmental education). Hailed as a modern, scientific approach to child education, it rejected rote memorization and passive learning, elements of the so-called method of "pouring in" (chunyu) knowledge practiced during thepreceding Tokugawa period, and sought instead to cultivate the unique, innate abilities of each child. Orthodox ideas of "education", "knowledge", and the process by which children learn were challenged. The position and responsibilities of the teacher were enhanced, consequently providing educators with a claim to professional authority and autonomy - at a time when the Meiji state was attempting to control every facet of the Japanese school system. Principle, Praxis, and the Politics of Educational Reform in Meiji Japan analyzes a key element to understanding Meiji development and modern Japan as a whole.

Education Reform in Japan

Education Reform in Japan PDF Author: Leonard James Schoppa
Publisher: Routledge
ISBN: 1134865163
Category : Social Science
Languages : en
Pages : 303

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Book Description
The Japanese education system, while widely praised in western countries, is subject to heavy criticism within Japan. Education Reform in Japan analyses this criticism, and explains why proposed reforms have failed. The author shows how the Japanese policy-making process can become paralysed when there is disagreement, and argues that this `immobilism' can affect other areas of Japanese policy-making.

Education Reform and Social Class in Japan

Education Reform and Social Class in Japan PDF Author: 苅谷剛彦
Publisher: Routledge
ISBN: 0415556872
Category : Education
Languages : en
Pages : 242

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Book Description
This title demonstrates from a sociological point of view and by way of empirical analysis that educational reforms have caused profound changes in the society of post-war Japan. It focuses on the spread of inequality in Japanese society as an 'unintended outcome' to which the educational reforms ended up contributing.