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A History of the Bank of Japan, 1882-2016
WINPEC Working Paper Series No.E1719 October 2017 A History of the Bank of Japan, 1882-2016 Masato Shizume Waseda INstitute of Political EConomy Waseda University Tokyo,Japan A History of the Bank of Japan, 1882-2016 Masato Shizume (Waseda University) 1. Introduction In this paper, we review the history of the Bank of Japan (BOJ) with a focus on the changing role of the central bank and the transformation of the national economy (Table 1). When Japan joined the modern world in the late 19th century as a country with a small and open economy, the Bank was created as an entity to integrate the national financial market and provide liquidity for economic growth. By the early 20th century, Japan had succeeded in joining the modern world and began pursuing its goal as an empire. Under this condition, the Bank played a pivotal role in financing wars and in stabilizing the less-disciplined national financial market. Yet during and after Japan’s losing war with its main trading partners in the 1930s and 1940s, the Bank was overwhelmed by ballooning government debt and rampant post-war inflation. When Japan re-focused its national goal on high economic growth during the 1960s and early 1970s, the Bank was revived as an engine to fuel liquidity into the national economy even without legal independence. Once the Japanese economy reached an advanced stage of development from the 1970s onward, the Bank’s main task changed from providing liquidity for economic growth to stabilizing the domestic economy. In pursuing its task, the Bank has often faced trade-offs between guns and butter, stability and growth, the threat of economic backlash and the moral hazard problem. -
Day 1 001 Ad Cover.Indd
MONDAY, MARCH 24 2014 DAY 1 AT FILMART www.ScreenDaily.com Editorial +852 2582 8959 Advertising +852 2582 8958 fatal_encounter-ad_245x266_fin_전달용 1 2014.3.14 5:41:12 PM MONDAY, MARCH 24 2014 TODAY DAY 1 AT FILMART Hot titles: Korea, page 16 www.ScreenDaily.com Editorial +852 2582 8959 Advertising +852 2582 8958 NEWS Pan-Asia Academy expands Hong Kong, Busan and Toyko outline Academy plans » Page 4 Desen teams with Weta REVIEWS The Midnight After Fruit Chan’s opening night film proves a quirky apocalyptic horror on 3D epic Zhong Kui » Page 10 Jamie Marks Is Dead BY LIZ SHACKLETON Weta Workshop is providing FEATURE China’s Desen International Media character and scenery design for Hot titles Celluloid Dreams has brought on board top VFX the fi lm, while its sister company Screen profiles Korean cinema houses including Peter Jackson’s Park Road Post works on compos- highlights acquires Jamie Weta Workshop for $27m 3D fan- iting. The film is one of the first » Page 16 tasy adventure Zhong Kui: Snow Chinese films to use full perfor- Marks Is Dead Girl And The Dark Crystal. mance capture, which will be han- SCREENINGS Acclaimed Hong Kong DoP dled by leading Korean VFX house » Page 19 BY JEAN NOH Peter Pau is serving as producer, Li Bingbing Macrograph (Journey To The West: France’s Celluloid Dreams has DoP and VFX director on the fi lm, Conquering The Demons). picked up international rights on which is currently shooting in stereographer Vincent E Toto Other behind-the-scenes talent Sundance competitor Jamie Marks China with Chen Kun, Li Bingbing, (Dredd). -
The Japanese Economy During the Interwar Period
20092009--JE--21 The Japanese Economy during the Interwar Period: 両大戦間期Instabilityの日本における恐慌と政策対応 in the Financial System and ― 金融システム問題と世界恐慌への対応を中心にthe Impact of the World Depression ― Institute for Monetary and Economic Studies 金融研究所 鎮目雅人 Masato Shizume 2009 年 4 月 May 2009 The Japanese economy during the interwar period faced chronic crises. Among them, the Showa Financial Crisis of 1927 and the Showa Depression of 1930-31 marked turning points. The Showa Financial Crisis of 1927 was the consequence of persistent financial instability because of the incomplete restructuring in the business sector and postponements in the disposal of bad loans by financial institutions. The crisis brought reforms in the financial sector through large-scale injections of public funds and the amalgamation of banks. The Showa Depression of 1930-31 was caused by the Great Depression, a worldwide economic collapse, which had been intensified in Japan by the return to the Gold Standard at the old parity. Japan escaped from the Great Depression earlier than most other countries through a series of macroeconomic stimulus measures initiated by Korekiyo Takahashi, a veteran Finance Minister who resumed office in December 1931. Takahashi instituted comprehensive macroeconomic policy measures, including exchange rate, fiscal, and monetary adjustments. At the same time, the Gold Standard, which had been governing Japan’s fiscal policy, collapsed in the wake of the British departure from it in September 1931. Then, Japan introduced a mechanism by which the government could receive easy credit from the central bank without establishing other institutional measures to govern its fiscal policy. This course of events resulted in an eventual loss of fiscal discipline. -
November 23, 2015 Wrestling Observer Newsletter
1RYHPEHU:UHVWOLQJ2EVHUYHU1HZVOHWWHU+ROPGHIHDWV5RXVH\1LFN%RFNZLQNHOSDVVHVDZD\PRUH_:UHVWOLQJ2EVHUYHU)LJXUH)RXU2« RADIO ARCHIVE NEWSLETTER ARCHIVE THE BOARD NEWS NOVEMBER 23, 2015 WRESTLING OBSERVER NEWSLETTER: HOLM DEFEATS ROUSEY, NICK BOCKWINKEL PASSES AWAY, MORE BY OBSERVER STAFF | [email protected] | @WONF4W TWITTER FACEBOOK GOOGLE+ Wrestling Observer Newsletter PO Box 1228, Campbell, CA 95009-1228 ISSN10839593 November 23, 2015 UFC 193 PPV POLL RESULTS Thumbs up 149 (78.0%) Thumbs down 7 (03.7%) In the middle 35 (18.3%) BEST MATCH POLL Holly Holm vs. Ronda Rousey 131 Robert Whittaker vs. Urijah Hall 26 Jake Matthews vs. Akbarh Arreola 11 WORST MATCH POLL Jared Rosholt vs. Stefan Struve 137 Based on phone calls and e-mail to the Observer as of Tuesday, 11/17. The myth of the unbeatable fighter is just that, a myth. In what will go down as the single most memorable UFC fight in history, Ronda Rousey was not only defeated, but systematically destroyed by a fighter and a coaching staff that had spent years preparing for that night. On 2/28, Holly Holm and Ronda Rousey were the two co-headliners on a show at the Staples Center in Los Angeles. The idea was that Holm, a former world boxing champion, would impressively knock out Raquel Pennington, a .500 level fighter who was known for exchanging blows and not taking her down. Rousey was there to face Cat Zingano, a fight that was supposed to be the hardest one of her career. Holm looked unimpressive, barely squeaking by in a split decision. Rousey beat Zingano with an armbar in 14 seconds. -
Splash of Gold
OWN YOUR OWN HOME Volume 54 Number 13 | March 30, 2009 DEBT CONSOLIDATE Anne Flynn Don Barr Mortgage Consultant Mortgage Consultant 250-516-5262 250-744-6984 Best Rates. Best Service. ACCESS EQUITY Quick Results. MARPAC NEWS CFB Esquimalt, Victoria, B.C. Serving the Defence Team of Greater Victoria | www.lookoutnewspaper.com RENEW YOUR MORTGAGE WIN TICKETS to see QUEST FOR THE TITLE see page 5 for details SSplashplash ooff ggoldold COMMUNITY 7 Shoes for charity NEWS 11 Mary Ellen Green, Lookout CFB Esquimalt’s Canadian Forces national swimming five gold medal winners are from left to right: LCdr Ellen Mariano, SLt Steel Beach hits the Fleet Brett MacNeil, Lt(N) Tony Zezza, Capt Isabelle Malczynski and Lt(N) Amber Comisso. Club TTouchouch ooff pperfectionerfection fforor sswimmingwimming tteameam Mary Ellen Green metre butterfly, 200 metre IM. He and 100 metre breast stroke. Support Programs athletic Staff writer was also awarded the Dedication to Three more gold medals were therapist. CF Sports Award. brought home by Lt(N) Amber The CF National Swimming CFB Esquimalt has its own “I swam hard and am very happy Comisso (400 metre freestyle, Championships were held in con- Michael Phelps swimming cham- to have won all of my swimming senior), SLt Brett MacNeil (100 junction with the Ontario Masters pion, now that of the base swim events. I really was proud as the metre back stroke, senior), and Swim Championships in Nepean, team has returned from the first- base swim coach, and that all of LCdr Ellen Mariano (100 metre ON. ever Canadian Forces Swimming our swimmers did so well. -
Publications September 6, 2015
Publications September 6, 2015 Yoichi Miyawaki Journal papers: [1] Yoichi Miyawaki ``Multivariate analysis of magnetic resonance imaging signals of the human brain,'' Current Topics in Medicinal Chemistry, vol.16, pp.2685 - 2693 (2016). [2] Kentaro Yamada, Yoichi Miyawaki, Yukiyasu Kamitani ``Inter-subject neural code converter for visual image representation,'' NeuroImage, vol.113, pp.289 - 297 (2015). [3] Tomoyasu Horikawa, Masako Tamaki, Yoichi Miyawaki, and Yukiyasu Kamitani, “Neural decoding of visual imagery during sleep,” Science, vol.340, pp.639 - 642 (2013). [4] Yusuke Fujiwara, Yoichi Miyawaki, and Yukiyasu Kamitani, “Modular encoding and decoding models derived from Bayesian canonical correlation analysis,” Neural Computation, vol.25, pp.979 - 1005 (2013). [5] Yoichi Miyawaki, Takashi Shinozaki, and Masato Okada, “Spike suppression in a local cortical circuit induced by transcranial magnetic stimulation,” Journal of Computational Neuroscience, 33, 405-419 (2012). [6] Yusuke Fujiwara, Yoichi Miyawaki, Yukiyasu Kamitani, “Estimating image bases for visual image reconstruction from human brain activity,” Advances in Neural Information Processing Systems, vol. 22, pp. 576 – 584 (2010). [7] Naruse Yasushi, Ayumu Matani, Yoichi Miyawaki, Masato Okada, “Influence of coherence between multiple cortical columns on alpha rhythm: A computational modeling study,” Human Brain Mapping, vol. 31, pp. 703 - 15 (2010). [8] Yoichi Miyawaki, Hajime Uchida, Okito Yamashita, Masa-aki Sato, Yusuke Morito, Hiroki C. Tanabe, Norihiro Sadato, Yukiyasu Kamitani, “Visual image reconstruction from human brain activity using a combination of multiscale local image decoders,” Neuron, vol.60, pp. 915-29 (2008) *Selected for cover illustration *Reviewed at New and Views in Nature Neuroscience （Kay and Gallant, “I can see what you see,” Nat Neurosci, vol. -
Investor Information 2010（1.8MB）
g s n t i n t e v s E 2010 l a a r c u d lt u a C o nd r a es ur B ent al V Multi-Visu Investor Information R eal O Estate th e rs Financial Highlights Net Sales Operating Income Millions of yen Millions of yen 500,000 30,000 25,327 400,000 372,306 351,262 20,624 306,041 318,700 315,175 20,000 18,457 300,000 16,404 200,000 10,000 100,000 3,343 0 0 06/3 07/3 08/3 09/3 10/3 06/3 07/3 08/3 09/3 10/3 Ordinary Income Net Income (Loss) Millions of yen Millions of yen 30,000 25,000 26,216 23,088 20,000 19,022 19,979 20,000 15,000 13,513 13,299 15,388 10,000 10,000 5,000 1,655 –2,313 3,902 0 0 –5,000 06/3 07/3 08/3 09/3 10/3 06/3 07/3 08/3 09/3 10/3 Total Assets Total Net Assets Millions of yen Millions of yen 800,000 500,000 627,683 385,298 400,000 378,026 360,376 600,000 555,271 567,722 537,211 556,780 342,231 357,076 300,000 400,000 200,000 200,000 100,000 0 0 06/3 07/3 08/3 09/3 10/3 06/3 07/3 08/3 09/3 10/3 Contents 1 To Our Stakeholders 10 Consolidated Financial Statements 2 The Group Management Plan 2014 14 Major Indices 3 At a Glance 16 Segment Information 4 Organization 17 TBS Television 5 Corporate Data 20 Financial Data of Major Group Companies 6 Business Report Financial Figures The financial figures used in this report are those used in the Japanese “Tanshin,” which has been created in accordance with the provisions set forth in the Japanese Securities and Exchange Law. -
Colonial Korea and the Olympic Games, 1910–1945
University of Pennsylvania ScholarlyCommons Publicly Accessible Penn Dissertations 2016 Colonial Korea and the Olympic Games, 1910–1945 Seok Lee University of Pennsylvania, [email protected] Follow this and additional works at: https://repository.upenn.edu/edissertations Part of the Asian History Commons, and the Kinesiology Commons Recommended Citation Lee, Seok, "Colonial Korea and the Olympic Games, 1910–1945" (2016). Publicly Accessible Penn Dissertations. 1836. https://repository.upenn.edu/edissertations/1836 This paper is posted at ScholarlyCommons. https://repository.upenn.edu/edissertations/1836 For more information, please contact [email protected]. Colonial Korea and the Olympic Games, 1910–1945 Abstract This dissertation examines how Koreans received and consumed the Olympic Games under Japanese colonial rule (1910–1945). Although a growing body of research on colonial Korea addresses a range of topics beyond politics and economy, sports is still a relatively neglected topic in this field. By exploring Olympic fever in colonial Korea, this study shows how multifaceted aspects of Korean society became a part of the global sports world. Korean athletes participated in the 1932 Summer, 1936 Winter, and 1936 Summer Games as part of the Japanese delegation, attracting much attention from members of all walks of life in colonial Korea. Public figures as varied as political leaders, intellectuals, sport journalists, and athletes recognized and promoted the Games through the burgeoning mass media. As the Olympic Games were a powerful tool for promoting Korean nationalism, Korean athletes’ performance was in the spotlight of Korean vernacular media, which also pursued commercial interests in featuring scandals of athletes. Nevertheless, many advocates of public gymnastics criticized what they perceived as the bourgeois-oriented, if not elitist, nature of the Games. -
Asian Jiu-Jitsu IBJJF Championship 2015 Final Results
Last Update: 09/29/2015 03:34 (UTC+09:00) Osaka, Sapporo, Tokyo Asian Jiu-Jitsu IBJJF Championship 2015 Final Results Academies Results Male Adult 1 - Atos Jiu-Jitsu - 73 2 - Gracie Barra - 50 3 - Purebred Jiu Jitsu Guam - 38 4 - Infight Japan Jiu-Jitsu - 36 5 - Impacto Japan B.J.J. - 26 6 - Paraestra - 25 7 - American Top Team - 18 8 - John Frankl Jiu Jitsu - 15 9 - Tri-Force Jiu-Jitsu Academy - 14 10 - Pogona Club Gym - 13 Female - Adult 1 - Impacto Japan B.J.J. - 21 2 - Gracie Humaita - 18 3 - Ogawa Jiu Jitsu - 18 4 - CDJJ - 18 5 - Tri-Force Jiu-Jitsu Academy - 17 6 - BJJ Revolution Team - International - 12 7 - Maromba Academia International - 12 8 - Evolve Mixed Martial Arts - 12 9 - Purebred Jiu Jitsu Guam - 10 10 - Over Limit BJJ - 10 Juvenile 1 - Over Limit BJJ - 12 2 - Amazon Fight Team - 9 3 - Evolve Mixed Martial Arts - 3 4 - Mongolian BJJ - 1 Masters 1 - Impacto Japan B.J.J. - 118 2 - Gracie Barra - 86 3 - Paraestra - 81 4 - Tri-Force Jiu-Jitsu Academy - 70 5 - Purebred Jiu Jitsu Guam - 55 6 - Atos Jiu-Jitsu - 54 7 - BJJ Revolution Team - International - 40 8 - Fujita Jiu-Jitsu - 36 9 - Grasco Jiu-Jitsu Academy - 35 10 - Infight Japan Jiu-Jitsu - 33 Novice 1 - Impacto Japan B.J.J. - 46 2 - Infight Japan Jiu-Jitsu - 46 3 - De La Riva JJ - 31 4 - KJ Competition Team - 24 5 - Hiro BJJ Academy Yokohama - 23 6 - CheckMat International - 19 7 - Jiu-Jitsu Lab - 18 8 - Evolve Mixed Martial Arts - 16 9 - Mongolian BJJ - 13 10 - Gracie Barra - 12 Athletes Results By Category WHITE / Juvenile / Male / Rooster First - Gustavo Yukio Bunya - Impacto Japan B.J.J. -
June 2002 Boxing World (PDF)
TABLE OF CONTENTS ARTURO GATTI AND MICKEY WARD PUT ON A CLASSIC .......2 AROUND THE BOXING SCENE ...........................................................4 EXCECUTIVE EDITOR Irv Abramson RAHMAN VS. ROCKHEAD....................................................................5 CONTRIBUTING WRITERS Mike Greenhill SIMPLY " UNDISPUTED ".....................................................................7 Joe Cicchelli Jim Amato Charlie Ross CURRENT CHAMPIONS ........................................................................8 Jerry Fitch Joe Bruno BACK FROM THE BRINK......................................................................9 Angelo Prospero Terry White Joe Cassidy MOUNT GOOFI ERODES.....................................................................11 Robert Sadler CASTILLO WUZ ROBBED ! ................................................................12 CONTRIBUTING PHOTOGRAPHERS Mike Greenhill Pat Orr TAPIA - MEDINA: ANOTHER RING ROBBERY.............................13 Tom Hogan Ray Bailey BIG TIME HAS A GOOD TIME...........................................................15 CONTRIBUTERS MAYORGA KNOCKS CROWN OFF SIX HEADS............................17 Fight Fax Inc. Sports Legends Photos, Inc. RUBIO DERAILS BOJADO EXPRESS ...............................................19 PUBLISHER Tom Huff SPADDY STEPS UP ................................................................................21 For Questions Or Comments: 216-663-9759 - Fax FIGHT FAX SCHEDULE.......................................................................22 -
60Th MEETING Handout
OREIENTAL AND PACIFIC BOXING FEDERATION 60th MEETING At Fairmont Grand Hotel, Kyiv, Ukraine October 2nd, 2018 Oriental and Pacific Boxing Federation Founded in 1952 Secretariat : Co; Tokyo Dome 61-3, 1-chome, Koraku, Bunkyo-ku, Tokyo, Japan Tel : +81-3-3816-5761 / Fax : +81-3-3816-5760 Email : [email protected] | Website : http://www.opbf.info/ FB : https://www.facebook.com/OPBF.info/ | Twitter : @OPBF_info Contents Contents ・・・P1 Order of Business ・・・P2 Agenda Items ・・・P3 Headquaters Report ・・・P5 Board Member's Report 2018 ・・・P7 OPBF Bouts in 2018 ・・・P8 OPBF Licensing Situation ・・・P17 Statistics of the OPBF Bouts ・・・P19 Guarantee Letter of Thailand OPBF Representative ・・・P22 Latest OPBF Ratings ・・・P23 (as of September 10) 1 Order of Business Private Meeting 1 Self-Introduction of attendees 2 Headquaters Report 3 Executive Committee Report 4 Report Q&A 5 Agenda Items 6 General Business Closing of the Meeting 2 Agenda Items 1. OPBF Silver Title The OPBF may designate and award OPBF Silver Championship in each weight division. The OPBF may designate the challengers for a Silver Championship from among any qualified Challengers. A Silver Champion must comply with all defense and other obligations applicable to OPBF Champions hereunder as the OPBF shall order in its discretion. Bouts for an OPBF Silver title shall be of 10 rounds in duration. Failure to defend the title within the 12 months period will result in the title becoming vacant. 2. OPBF Youth Title The OPBF may designate and award the OPBF Youth Championship in each weight division. The OPBF may designate the challengers for an OPBF Youth Championship from among any qualified Challengers. -
Masato KOBAYASHI Biography
Update: 20190119 Masato KOBAYASHI Biography 1957 Born in Tokyo. Lives and works in Tokyo and Fukuyama. Solo Exhibitions 2016 Thrice Upon A Time, ShugoArts, Tokyo 2014 Nameless Horse, ShugoArts, Tokyo 2013 Crazy for Painting vol.9" Masato KOBAYASHI + Hiroshi SUGITO, gallery αM, Tokyo 2012 LOVE, more awful painting! and more beautiful, because painting is all for love, spring 2012, ShugoArts, Tokyo ART TODAY 2012 Explanatory Paintings and Masato Kobayashi, Sezon Museum of Modern Art, Nagano, Japan 2010 LOVE, more awful painting! and more beautiful, because painting is all for love, ShugoArts, Tokyo 2009 MASATO KOBAYASHI-The Paint of the Planet, Nariwa Museum, Okayama, Japan 2007 LIGHT PAINTING, ShugoArts, Tokyo 2006 The Nude, ShugoArts, Tokyo light, Takahashi Collection, Tokyo 2005 Starry Paint, Hoet-Bekaert Galery, Ghent, Belgium 2004 Starry Paint, stars of outer space by pure painting, Tensta Konsthall, Spanga, Sweden Starry Paint, ShugoArts, Tokyo 2002 Painting in Situ, Rice Gallery by G2, Tokyo 2001 Another “Son of Painting”, S. Cole Gallery, Ghent, Beligum A Son of Painting Masato Kobayashi, S.M.A.K., Ghent, Belgium 2000 SAGACHO EXHIBIT SPACE, Tokyo KOBAYASHI Masato, The Miyagi Museum of Art, Sendai, Japan 1998 At Night, Satani Gallery, Tokyo 1997 Masato Kobayashi, Recent Works, Satani Gallery, Tokyo 1995 Masato Kobayashi, Recent Painting & Drawings, Satani Gallery, Tokyo 1993 New Paintings, Satani Gallery, Tokyo 1992 A Son of Painting, Satani Gallery, Tokyo 1991 Ku-Sen, Satani Gallery, Tokyo 1989 Masato Kobayashi, 1987-1988, Satani