Moneta 173

Moneta 173

Documents and Studies on 19th c. Monetary History


Republication of
Count Matsukata Masayoshi, The history of national Debts in Japan (1890)

Georges Depeyrot, Marina Kovalchuk

In 1868, at the beginning of the Meiji era, Japan decided to join the main group of developed countries, creating a new monetary system, a new currency and a new financial system. After a period of difficulties in the 1870's, Masayoshi Matsukata (b. April 3, 1834, Kagoshima, d. July 2, 1924, Tokyo) became Minister of Finance, then Prime Minister (6 May 1891 – 8 August 1892; 18 September 1896 – 12 January 1898).

He was the main architect of the financial evolution of Japan, resolving the question of inflation, improving the monetary system, creating the Bank of Japan, then overseeing the shift to the gold standard.

He marked each step by the publication of a volume explaining the reasons behind his policy. In republishing his three volumes (The history of National Debts in Japan, 1890; Report on the adoption of the gold standard in Japan, 1899; Report on the post-bellum financial administration in Japan, 1896-1900, 1901), we give a completely new perspective on the transformation of Japan during the Meiji era.

Marina Kovalchuk is assistant professor, Far Eastern Federal University, Vladivostok.

Georges Depeyrot is researcher, Centre National de la Recherche Scientifique, Paris and heads the DAMIN program (La Dépréciation de l'Argent Monétaire et les Relations Internationales - Silver monetary depreciation and international relations).

Georges Depeyrot, Marina Kovalchuk

MONETA 173, 166 pages 120 euros Table des matières ISBN 978-94-91384-41-7


Jean-Luc Dengis, ed.
MONETA 173, 166 pages
120 euros
Table des matières p163, p164, p165
ISBN 978-94-91384-41-7