From Foot Soldier to Finance Minister

From Foot Soldier to Finance Minister PDF Author: Richard Smethurst
Publisher: BRILL
ISBN: 1684174619
Category : Biography & Autobiography
Languages : en
Pages : 414

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Book Description
"From his birth in the lowest stratum of the samurai class to his assassination at the hands of right-wing militarists, Takahashi Korekiyo (1854–1936) lived through tumultuous times that shaped the course of modern Japanese history. Takahashi is considered “Japan’s Keynes” in many circles because of the forward-thinking (and controversial) fiscal and monetary policies—including deficit financing, currency devaluation, and lower interest rates—that he implemented to help Japan rebound from the Great Depression and move toward a modern economy. Richard J. Smethurst’s engaging biography underscores the profound influence of the seven-time finance minister on the political and economic development of Japan by casting new light on Takahashi’s unusual background, unique talents, and singular experiences as a charismatic and cosmopolitan financial statesman. Along with the many fascinating personal episodes—such as working as a houseboy in California and running a silver mine in the Andes—that molded Takahashi and his thinking, the book also highlights four major aspects of Takahashi’s life: his unorthodox self-education, his two decades of service at the highest levels of government, his pathbreaking economic and political policies before and during the Depression, and his efforts to stem the rising tide of militarism in the 1930s. Deftly weaving together archival sources, personal correspondence, and historical analysis, Smethurst’s study paints an intimate portrait of a key figure in the history of modern Japan."

From Foot Soldier to Finance Minister

From Foot Soldier to Finance Minister PDF Author: Richard Smethurst
Publisher: BRILL
ISBN: 1684174619
Category : Biography & Autobiography
Languages : en
Pages : 414

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Book Description
"From his birth in the lowest stratum of the samurai class to his assassination at the hands of right-wing militarists, Takahashi Korekiyo (1854–1936) lived through tumultuous times that shaped the course of modern Japanese history. Takahashi is considered “Japan’s Keynes” in many circles because of the forward-thinking (and controversial) fiscal and monetary policies—including deficit financing, currency devaluation, and lower interest rates—that he implemented to help Japan rebound from the Great Depression and move toward a modern economy. Richard J. Smethurst’s engaging biography underscores the profound influence of the seven-time finance minister on the political and economic development of Japan by casting new light on Takahashi’s unusual background, unique talents, and singular experiences as a charismatic and cosmopolitan financial statesman. Along with the many fascinating personal episodes—such as working as a houseboy in California and running a silver mine in the Andes—that molded Takahashi and his thinking, the book also highlights four major aspects of Takahashi’s life: his unorthodox self-education, his two decades of service at the highest levels of government, his pathbreaking economic and political policies before and during the Depression, and his efforts to stem the rising tide of militarism in the 1930s. Deftly weaving together archival sources, personal correspondence, and historical analysis, Smethurst’s study paints an intimate portrait of a key figure in the history of modern Japan."

From Foot Soldier to Finance Minister

From Foot Soldier to Finance Minister PDF Author: Richard J. Smethurst
Publisher: Harvard University Press
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 424

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Book Description
From his birth into the lowest stratum of the samurai class to his assassination by right-wing militarists, Takahashi Korekiyo (1854-1936) lived through tumultuous times that shaped the course of modern Japan. This biography underscores the profound influence of the charismatic finance minister on the political and economic development of Japan.

China and the End of Global Silver, 1873–1937

China and the End of Global Silver, 1873–1937 PDF Author: Austin Dean
Publisher: Cornell University Press
ISBN: 1501752421
Category : History
Languages : en
Pages : 264

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Book Description
In the late nineteenth century, as much of the world adopted some variant of the gold standard, China remained the most populous country still using silver. Yet China had no unified national currency; there was not one monetary standard but many. Silver coins circulated alongside chunks of silver and every transaction became an "encounter of wits." China and the End of Global Silver, 1873–1937 focuses on how officials, policy makers, bankers, merchants, academics, and journalists in China and around the world answered a simple question: how should China change its monetary system? Far from a narrow, technical issue, Chinese monetary reform is a dramatic story full of political revolutions, economic depressions, chance, and contingency. As different governments in China attempted to create a unified monetary standard in the late nineteenth and early twentieth century, the United States, England, and Japan tried to shape the direction of Chinese monetary reform for their own benefit. Austin Dean argues convincingly that the Silver Era in world history ended owing to the interaction of imperial competition in East Asia and the state-building projects of different governments in China. When the Nationalist government of China went off the silver standard in 1935, it marked a key moment not just in Chinese history but in world history.

The Money Doctors from Japan

The Money Doctors from Japan PDF Author: Michael Schiltz
Publisher: BRILL
ISBN: 1684175135
Category : History
Languages : en
Pages : 309

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Book Description
"Money and finance have been among the most potent tools of colonial power. This study investigates the Japanese experiment with financial imperialism—or “yen diplomacy”—at several key moments between the acquisition of Taiwan in 1895 and the outbreak of the Sino-Japanese War in 1937. Through authoritarian monetary reforms and lending schemes, government officials and financial middlemen served as “money doctors” who steered capital and expertise to Japanese official and semi-official colonies in Taiwan, Korea, China, and Manchuria. Michael Schiltz points to the paradox of acute capital shortages within the Japan’s domestic economy and aggressive capital exports to its colonial possessions as the inevitable but ultimately disastrous outcome of the Japanese government’s goal to exercise macroeconomic control over greater East Asia and establish a self-sufficient “yen bloc.” Through their efforts to implement their policies and contribute to the expansion of the Japanese empire, the “money doctors” brought to the colonies a series of banking institutions and a corollary capitalist ethos, which would all have a formidable impact on the development of the receiving countries, eventually affecting their geopolitical position in the postcolonial world."

Sveriges Riksbank and the History of Central Banking

Sveriges Riksbank and the History of Central Banking PDF Author: Rodney Edvinsson
Publisher: Cambridge University Press
ISBN: 1108140602
Category : Business & Economics
Languages : en
Pages : 625

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Book Description
Written in celebration of its 350th anniversary in 2018, this book details the history of the central bank of Sweden, Sveriges Riksbank, as presented by Klas Fregert. It relates the bank's history to the development of other major central banks around the world. Chapters are written by some of the more prominent scholars in the field of monetary economics and economic history. These chapters include an analysis of the Bank of England written by Charles Goodhart; the evolution of banking in America, written by Barry Eichengreen; a first account of the People's Bank of China, written by Franklin Allen, Xian Gu, and Jun Qian; as well as a chapter about the brief but important history of the European Central Bank, written by Otmar Issing.

American Power after the Financial Crisis

American Power after the Financial Crisis PDF Author: Jonathan Kirshner
Publisher: Cornell University Press
ISBN: 0801454786
Category : Political Science
Languages : en
Pages : 201

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Book Description
The global financial crisis of 2007–2008 was both an economic catastrophe and a watershed event in world politics. In American Power after the Financial Crisis, Jonathan Kirshner explains how the crisis altered the international balance of power, affecting the patterns and pulse of world politics. The crisis, Kirshner argues, brought about an end to what he identifies as the "second postwar American order" because it undermined the legitimacy of the economic ideas that underpinned that order—especially those that encouraged and even insisted upon uninhibited financial deregulation. The crisis also accelerated two existing trends: the relative erosion of the power and political influence of the United States and the increased political influence of other states, most notably, but not exclusively, China.Looking ahead, Kirshner anticipates a "New Heterogeneity" in thinking about how best to manage domestic and international money and finance. These divergences—such as varying assessments of and reactions to newly visible vulnerabilities in the American economy and changing attitudes about the long-term appeal of the dollar—will offer a bold challenge to the United States and its essentially unchanged disposition toward financial policy and regulation. This New Heterogeneity will contribute to greater discord among nations about how best to manage the global economy. A provocative look at how the 2007–2008 economic collapse diminished U.S. dominance in world politics, American Power after the Financial Crisis suggests that the most significant and lasting impact of the crisis and the Great Recession will be the inability of the United States to enforce its political and economic priorities on an increasingly recalcitrant world.

The Cambridge Illustrated History of Warfare

The Cambridge Illustrated History of Warfare PDF Author: Geoffrey Parker
Publisher: Cambridge University Press
ISBN: 131685678X
Category : History
Languages : en
Pages : 555

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Book Description
The new edition of The Cambridge Illustrated History of Warfare, written and updated by a team of nine distinguished military historians, examines how war was waged by Western powers across a sweeping timeframe, beginning with classical Greece and Rome, moving through the Middle Ages and the early modern period, down to the wars of the twenty-first century in Afghanistan, Iraq, and Syria. The book stresses five essential aspects of the Western way of war: a combination of technology, discipline, and an aggressive military tradition with an extraordinary capacity to respond rapidly to challenges and to use capital rather than manpower to win. Although the focus remains on the West, and on the role of violence in its rise, each chapter also examines the military effectiveness of its adversaries and the regions in which the West's military edge has been - and continues to be - challenged.

For Peace and Money

For Peace and Money PDF Author: Jennifer L. Siegel
Publisher:
ISBN: 0199387818
Category : Business & Economics
Languages : en
Pages : 325

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Book Description
A study of the ways in which Russian financial debt to French and British bankers influenced diplomacy amomg the nations in the late 19th and early 20th centuries.

The Cambridge History of Warfare

The Cambridge History of Warfare PDF Author: Geoffrey Parker
Publisher: Cambridge University Press
ISBN: 1316856798
Category : History
Languages : en
Pages : 605

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Book Description
The new edition of The Cambridge History of Warfare, written and updated by a team of eight distinguished military historians, examines how war was waged by Western powers across a sweeping timeframe beginning with classical Greece and Rome, moving through the Middle Ages and the early modern period, down to the wars of the twenty-first century in Afghanistan, Iraq, and Syria. The book stresses five essential aspects of the Western way of war: a combination of technology, discipline, and an aggressive military tradition with an extraordinary capacity to respond rapidly to challenges and to use capital rather than manpower to win. Although the focus remains on the West, and on the role of violence in its rise, each chapter also examines the military effectiveness of its adversaries and the regions in which the West's military edge has been – and continues to be – challenged.

Japan at War, 1914–1952

Japan at War, 1914–1952 PDF Author: Jeremy A. Yellen
Publisher: Taylor & Francis
ISBN: 1040253830
Category : History
Languages : en
Pages : 233

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Book Description
Japan at War, 1914–1952 is a synthetic and interpretive history that highlights the centrality of war to the modern Japanese experience. The author argues that war was central to Japanese life in this period—the era when Japan rose and fell as a world power. The volume examines how World War I set off profound changes that led to the rise of a politicized military, aggressive imperial expansion, and the militarization of Japanese social, political, and economic life. War was extraordinarily popular, which helped confirm Japan’s aggressive imperialism in the 1930s and war across the Asia-Pacific in the 1940s. It took a defeat by 1945 and occupation through 1952 to undo war as a national concern and to remake Japan into a peaceful nation-state. In telling this story of Japan in war and peace, this book highlights the importance of Japan in the creation of the modern world. This study of political power and its influences in domestic and foreign affairs will be of great value to nonspecialist readers who are interested in this period, undergraduate and postgraduate students in introductory classes, and scholars interested in Japanese history and political, military, and international history.