Lessons for Today from Takahashi Korekiyo’s Policies

Masato Shizume

Chapter Chapter 6 in The Japanese Economy During the Great Depression, 2021, pp 99-111 from Springer

Abstract: Abstract This chapter concludes with lessons for today, focusing on challenges Takahashi faced, policy innovations he and his colleague introduced, and broader implications for the domestic political economy and geopolitics in the Asia–Pacific region. From a pure economic perspective, the challenges he faced were comparable to those of policymakers in an emerging economy today. However, the biggest challenge for him was the crisis of fiscal policy governance, which also related to Japan’s primary national goal.

Date: 2021
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DOI: 10.1007/978-981-13-7357-2_6

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