X-Nico

5 unusual facts about Bank of Japan


Donald Kohn

These works were published in volumes issued by various organizations, including the Federal Reserve System, the Bank of England, the Reserve Bank of Australia, the Bank of Japan, the Bank of Korea, the National Bureau of Economic Research, and the Brookings Institution.

Richard Werner

He was a Visiting Researcher at the Institute for Monetary and Economic Studies at the Bank of Japan; and he was a Visiting Scholar at the Institute for Monetary and Fiscal Studies at the Ministry of Finance.

In Tokyo, he also became the first Shimomura Fellow at the Research Institute for Capital Formation at the Development Bank of Japan.

Ulrike Schaede

She has lived in Japan for a total of more than six years, has held a position at the Institute of Economic Research at Hitotsubashi University in Tokyo, and has been a visiting scholar at the research institutes of the Bank of Japan, Japan's Ministry of Finance and METI, Japan’s Ministry of Economy, Trade and Industry.

Yutaka Yamaguchi

He is a former Vice Governor of the Bank of Japan (日本銀行), and was promoted to the position in 1998, following 34 years of continuous service.


Abenomics

Specific policies include inflation targeting at a 2% annual rate, correction of the excessive yen appreciation, setting negative interest rates, radical quantitative easing, expansion of public investment, buying operations of construction bonds by Bank of Japan (BOJ), and revision of the Bank of Japan Act.

Rice broker

Rice brokers, which rose to power and significance in Osaka and Edo in the Edo period (1603-1867) of Japanese history, were the forerunners to Japan's banking system.

Yoshimi Watanabe

Watanabe opposed the appointment of Haruhiko Kuroda as president of the Bank of Japan, saying that he would prefer to see a president come from a background other than the Ministry of Finance; he instead supported Heizo Takenaka for the position.


see also

Toyotarō Yūki

However, following the assassination of Yasuda Zenjirō, Yūki left the Bank of Japan to join the Board of Directors for the Yasuda zaibatsu in November 1921, and was appointed Managing Director of Yasuda Bank the same year.