Alternative Financial System as a Bulwark Against the Fluctuations of the Modern Market Economy

Hikaru Tanaka ()
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Hikaru Tanaka: Chuo University

Chapter Chapter 11 in Micro-Credit in Modern Japan, 2024, pp 323-335 from Springer

Abstract: Abstract This chapter appeals the summary and conclusion of this book. The networks of popular funds, so called the alternative financial network in Japan have long been involved in sustaining the household economy in rural communities, with providing low-cost micro-finance opportunities. Though it was a financial system, it has been deeply involved in the stability and reproduction of the society that was the source of its funds, instead of being geared towards economic efficiency or financial profit as ends in themselves.

Date: 2024
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DOI: 10.1007/978-981-97-6940-7_11

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