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Bank Of Japan
The is the central bank of Japan.Louis Frédéric, Nussbaum, Louis Frédéric. (2005). "Nihon Ginkō" in The bank is often called for short. It is headquartered in Nihonbashi, Chūō, Tokyo, Chūō, Tokyo. The said bank is a corporate entity independent of the Government of Japan, Japanese government, and while it is not an Administrative organisation, administrative organisation of the state, its monetary policy falls within the scope of administration. From a Macroeconomics, macroeconomic perspective, long-term stability of prices is deemed crucial. However, the political sector tends to favour short-term measures. Thus, the bank's autonomy and independence are granted from the standpoint of ensuring long-term public welfare and political neutrality. History Background Like most modern Japanese institutions, the Bank of Japan was founded after the Meiji Restoration. Prior to the Restoration, Japan's feudal fiefs all issued their own money, ''Scrip of Edo period Japan, ha ...
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Bank Of Japan Headquarters
is the headquarter of Bank of Japan (BOJ), located in Nihonbashi, Chuo, Tokyo, Japan. It has been listed as one of Tokyo's 50 Architectural Heritage Sites. BOJ headquarters consists of three buildings. The main building of the Bank of Japan headquarters is open for tours. Main Building The main building include Honkan, Nigo-kan and Sango-kan. Honkan was designed by Tatsuno Kingo, based on the former main office of the National Bank of Belgium (Hôtel du Gouverneur), and completed in February 1896. The main building has three floors above ground and one basement level, with a total floor area of approximately 1,100 square meters. The first floor is almost entirely constructed of stone, while the second and third floors are made of brick covered with thinly sliced granite on the exterior. A central dome is installed, with four columns at the front and two columns on each side wing. Architecturally, it follows a richly decorated Neo-Baroque style, but Renaissance design elements ...
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Meiji Restoration
The , referred to at the time as the , and also known as the Meiji Renovation, Revolution, Regeneration, Reform, or Renewal, was a political event that restored Imperial House of Japan, imperial rule to Japan in 1868 under Emperor Meiji. Although there were ruling emperors before the Meiji Restoration, the events restored practical power to, and consolidated the political system under, the Emperor of Japan. The Restoration led to enormous changes in Japan's political and social structure and spanned both the late Edo period (often called the Bakumatsu) and the beginning of the Meiji era, during which time Japan rapidly Industrialization, industrialised and adopted Western culture, Western ideas and production methods. The origins of the Restoration lay in economic and political difficulties faced by the Tokugawa shogunate. These problems were compounded by the encroachment of foreign powers in the region which challenged the Tokugawa policy of , specifically the arrival of the Pe ...
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Takahashi Korekiyo
Viscount was a Japanese politician who served as Prime Minister of Japan, prime minister of Japan from 1921 to 1922 and Ministry of Finance (Japan), Minister of Finance when he was assassinated. He was also a member of the House of Peers (Japan), House of Peers and head of the Bank of Japan. Takahashi made many contributions to Japan's development during the early 20th century, including introducing its first patent system and securing foreign financing for the Russo-Japanese War. Following the onset of the Great Depression, he introduced controversial financial policies which included abandoning the gold standard, lowering interest rates, and using the Bank of Japan to finance deficit spending by the central government. His decision to cut government spending in 1935 led to unrest within the Japanese military, who assassinated him in February 1936. Takahashi's policies are credited for pulling Japan out of the Depression, but led to soaring inflation following his assassination, ...
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Nakanoshima 1930
is a 3 km long and 50 hectares narrow sandbank in Kita-ku, Osaka city, Japan, that divides the Kyū-Yodo into the Tosabori and Dōjima rivers. Many governmental and commercial offices (including the city hall of Osaka), museums and other cultural facilities are located on Nakanoshima. Landmarks and architecture (from east to west) * Nakanoshima Park *:Rose garden * Osaka City Central Public Hall * Nakanoshima Library *City Hall *Bank of Japan Osaka branch *Nakanoshima Festival Tower (Headquarters of the Asahi Shimbun) * Nakanoshima Mitsui Building *Headquarters of Kansai Electric Power Company *Osaka University Nakanoshima Center * Rihga Royal Hotel * Nakanoshima Centre Building Cultural facilities (from east to west) * Museum of Oriental Ceramics, Osaka * Festival Hall (Nakanoshima Festival Tower East) * National Museum of Art, Osaka * Nakanoshima Museum of Art *Science Museum * Osaka International Convention Center Transportation Train *Keihan Electric Railway ** ...
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Gold Standard
A gold standard is a backed currency, monetary system in which the standard economics, economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became the w ...
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Counterfeiting
A counterfeit is a fake or unauthorized replica of a genuine product, such as money, documents, designer items, or other valuable goods. Counterfeiting generally involves creating an imitation of a genuine item that closely resembles the original to deceive others into believing it is authentic. Counterfeit products are often made to take advantage of the higher value of the original product, typically using lower-quality materials or production methods. Counterfeit food, drinks, medicines, and personal care products can contain harmful or inactive ingredients, causing anything from mild issues to serious, life-threatening ones. Counterfeit footwear, clothing, and accessories have been found to contain high levels of lead, arsenic, and phthalates. Forgery of money or government bonds Counterfeit money is currency that is produced without the legal sanction of the state or government; this is a crime in all jurisdictions of the world. The United States Secret Service, mostly k ...
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Money Supply
In macroeconomics, money supply (or money stock) refers to the total volume of money held by the public at a particular point in time. There are several ways to define "money", but standard measures usually include currency in circulation (i.e. physical cash) and demand deposits (depositors' easily accessed assets on the books of financial institutions). Money supply data is recorded and published, usually by the national statistical agency or the central bank of the country. Empirical money supply measures are usually named M1, M2, M3, etc., according to how wide a definition of money they embrace. The precise definitions vary from country to country, in part depending on national financial institutional traditions. Even for narrow aggregates like M1, by far the largest part of the money supply consists of deposits in commercial banks, whereas currency (banknotes and coins) issued by central banks only makes up a small part of the total money supply in modern economies. T ...
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Willy Vande Walle
Willy F. Vande Walle (born 21 November 1949) is a Belgian academic, author, Japanologist and Sinologist. Willy Vande Walle was born in Roeselare, Belgium. His secondary education focused on classical humanities (Greek-Latin) at Klein Seminarie Roeselare (1962–1968). He studied Oriental Philology and History at the State University of Ghent and earned his doctoral degree in Oriental Philology in 1976.Katholieke Universiteit Leuven (KUL) CV/ref> Career Willy Vande Walle is Professor Emeritus of Japanese Studies at the Catholic University of Leuven (''Katholieke Universiteit Leuven'' or KU Leuven) in Belgium. He taught several classes such as Japanese language and literature, history of Japan, art history of East Asia, as well as history of China and Chinese poetry. The KU Leuven coursework is supplemented with active Internet learning programs linked to Japanese educational partners. Willy Vande Walle is the Belgian coordinator for projects conducted by the European Association ...
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National Bank Of Belgium
The National Bank of Belgium (NBB; , NBB; , BNB; , BNB) is the National central bank (Eurosystem), national central bank for Belgium within the Eurosystem. It was the Belgian central bank from 1850 until 1998, established by law of and issuing the Belgian franc - albeit with interruption during World War I and duplication during World War II, when two National Banks with diverging loyalties operated in parallel from Brussels and London between July 1941 and September 1944. Since 2011, the National Bank has also been Belgium's prudential supervisory authority, and since 2014, its national competent authority within European Banking Supervision. In the area of financial market infrastructure, it stands out as supervisor of Euroclear and lead overseer of SWIFT; it also operates a central securities depository of its own, the National Bank of Belgium Securities Settlement System or NBB-SSS. Additional tasks include the management of foreign currency reserves; the collection, circu ...
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Matsukata Masayoshi
Prince was a Japanese politician who served as Prime Minister of Japan from 1891 to 1892, and from 1896 to 1898. Born in the Satsuma Domain to a samurai family, Matsukata served as finance minister for 15 of the 20 years between 1881 and 1901, led the creation of the Bank of Japan in 1882, and had significant influence in the financial and economic articles of the Meiji Constitution of 1889. He became a ''genrō'', or senior statesman who dictated policy in the later Meiji era, and was given the title of prince in 1922. Early life education Matsukata Masayoshi was born on 25 February 1835, in Arata, Kagoshima District, Kagoshima, Kagoshima, Satsuma Province (present-day Shimoarata, Kagoshima, Kagoshima Prefecture), the fourth son of Matsukata Masayasu and his wife Kesaku. His family was of the ''samurai'' warrior nobility class. Both his parents died when he was 13 years old. At the age of 13, he entered the ''Zoshikan'', the Satsuma domain's Confucianism, Confucian academy, wh ...
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National Banks In Meiji Japan
The National Banks in Meiji Japan were a system of organization of the Japanese banking system created in the 1870s, inspired by the U.S. National Bank Act of the previous decade. Under the system, national banks were individually chartered by the government as Bank of issue, banks of issue whose banknotes were all accepted as legal tender. Starting with Dai-Ichi Bank, Dai-Ichi National Bank in 1873, around 150 national banks were thus created, most of which morphed into still-extant Japanese banks via multiple mergers and restructurings. The national banking system itself, however, was short-lived. It was superseded by the newly created Bank of Japan, inspired by European models and established in the early 1880s, and fully phased out in the late 1890s. Background Immediately after the Meiji Restoration in 1869, Japanese merchants in major trading centers introduced prototypes of modern commercial banks, known as , which were authorized to issue banknotes. These were establi ...
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