Modern Japanese banking system

The only full-length book in any Western language on the postwar Japanese banking system, the present study was prepared by the author during a three-year period of economic re search in Tokyo. A detailed account of present-day Japanese banking methods, as well as an enlightening picture of the economic structure of the new, competitive Japan, THE MODERN JAPANESE BANKING SYSTEM includes a history of Japanese banking from the nineteenth century, when Japan joined the circle. of Western nations, to its present post World War II struggle to emerge from financial chaos. Its statistical data, including scores of tables, provide a complete, over-all analysis of commercial banking developments in Japan, based entirely on authoritative Japanese sources.
"Japan's economy has undergone radical changes as a result of World War II and its aftermath," writes Father Schiffer, "but its banking sys tem is basically sound, despite a painful capital shortage." New banking legisla tion is needed now to event undue concentration of financial power be cause of the still present danger of a renascence of the powerful prewar "zaibatsu" combines of the prewar era.
A basic book for bankers, economists, students and teachers of economics, foreign trading companies and their personnel, THE MODERN JAPANESE BANKING SYSTEM will be of value to all who need to understand the economic workings of modern Japan.