Money Doctor's sem: Masato Shizume "The Japanese Economy During the Great Depression: The Emergence of Macroeconomic Policy in A Small and Open Economy, 1931–1936

  • Date: –17:00
  • Location: via Zoom
  • Lecturer: Masato Shizume (Waseda University)
  • Organiser: Department of Economic History / UCBH
  • Contact person: Anders Ögren
  • Seminarium

In this book, I revisit the achievements of Takahashi Korekiyo, a finance minister of Japan whose innovative macroeconomic policy brought Japan out of the global Great Depression in the 1930s. To this end, I review the Japanese economy in this period with data and chronology, explore the origins, intentions, and the consequences of Takahashi’s policy with econometric and archival analyses, and discuss lessons from this policy that can be applied today.

The Japanese Economy During the Great Depression - The Emergence of Macroeconomic Policy in A Small and Open Economy, 1931–1936 | Masato Shizume | Springer

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Presentations are kept to 30 minutes sharp, thereafter follows a discussion of up to 45 minutes (or longer if some participants want to keep on going).

Zoom link and passcode are sent out the same day as the seminar.

Organisers: Anders Ögren (Uppsala University/UCBH) Andrés Álvarez (Universidad de los Andes), Vincent Bignon (Banque de France) and Masato Shizume (Waseda University).