Monetary and fiscal reform to combat inflation in post-World War II Japan (1945-1951)

Silvio Yoshiro Mizuguchi Miyazaki ()

Brazilian Journal of Political Economy, 1992, vol. 12, issue 4, 557-573

Abstract: This paper analyses the Japanese inflationary process occurred in the periodafter the World War II, between 1945-1950, its causes and the policies of stabilization, monetaryand fiscal reforms. Initially, it analyses the factories that increased the price level. Themeasures adopted to revert this process were divided into two subperiods: phase 1 (between1946-1948) and phase 2 (between 1949-1951). Those economic policies and reforms resultedin an economic stabilization. JEL Classification: E31; N15.

Keywords: Inflation; economic history of Japan; monetary policy (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:12:y:1992:i:4:p:557-573:id:1438

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