Skip to main content
Springer Nature Link
Log in
Palgrave Macmillan

The Bank of Japan, the OECD, and Beyond

Reflections from a lifetime’s work

  • Book
  • © 2024

Overview

Authors:
  1. Kumiharu Shigehara

    1. International Economic Policy Studies Association (IEPSA), Neuilly-sur-Seine, France

    View author publications

    You can also search for this author in PubMed   Google Scholar

  • offers insights into OECD
  • gives insight into Japan's role in global economy
  • provides a personal account

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook EUR 119.83
Price includes VAT (Germany)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book EUR 128.39
Price includes VAT (Germany)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

') var buybox = document.querySelector("[data-id=id_"+ timestamp +"]").parentNode var buyboxMaxSingleColumnWidth = 480 ;[].slice.call(buybox.querySelectorAll(".buying-option")).forEach(initCollapsibles) function initCollapsibles(buyingOption, index) { var toggle = buyingOption.querySelector(".buying-option-price") buyingOption.classList.remove("expanded") var form = buyingOption.querySelector(".buying-option-form") var priceInfo = buyingOption.querySelector(".price-info") if (toggle && form && priceInfo) { toggle.setAttribute("role", "button") toggle.setAttribute("tabindex", "0") toggle.addEventListener("click", function (event) { var expandedBuyingOptions = buybox.querySelectorAll(".buying-option.expanded") var buyboxWidth = buybox.offsetWidth ;[].slice.call(expandedBuyingOptions).forEach(function(option) { if (buyboxWidth -1 ;[].slice.call(buybox.querySelectorAll(".buying-option")).forEach(function (option, index) { var toggle = option.querySelector(".buying-option-price") var form = option.querySelector(".buying-option-form") var priceInfo = option.querySelector(".price-info") if (allOptionsInitiallyCollapsed || narrowBuyboxArea && index > 0) { toggle.setAttribute("aria-expanded", "false") form.hidden = "hidden" priceInfo.hidden = "hidden" } else { toggle.click() } }) } initialStateOpen() if (window.buyboxInitialised) return window.buyboxInitialised = true initKeyControls() })()

Other ways to access

Licence this eBook for your library

Institutional subscriptions

About this book

This book provides an insider's account of how macroeconomic policies in the United States, Japan and major European countries were carried out and how the OECD and the author either as its senior official or a Japanese central banker dealt with international trade issues, protectionism, globalisation, regional integration and other related issues since the 1960s. Employing an informal tone, the author offers a critical review of the successes and failures of the economic policies followed by these countries in the international setting which prevailed during this period. This book will interest economists, international businesspersons, journalists and historians.

Keywords

Table of contents (22 chapters)

  1. Front Matter

    Pages i-xxi
    Download chapter PDF

  2. Introduction

    • Kumiharu Shigehara
    Pages 1-14

  3. Prologue

    • Kumiharu Shigehara
    Pages 15-29

  5. Japan’s Economic Policy Management and Balance of Payments Adjustment under the Floating Exchange Rate System

    1. Front Matter

      Pages 105-105
      Download chapter PDF

    2. Japan’s Economic Policy and Foreign Exchange Market Management in the Second Half of the 1970s

      • Kumiharu Shigehara
      Pages 107-135

    3. High US Interest Rates and Fiscal and Monetary Policy Mix in Three Largest Economies in the Early 1980s

      • Kumiharu Shigehara
      Pages 137-161

    4. The Plaza and Louvre Accords and Japan’s Balance of Payments Adjustment

      • Kumiharu Shigehara
      Pages 163-178

    5. Black Monday, 19 October 1987, and its Aftermath

      • Kumiharu Shigehara
      Pages 179-186

    6. Dealing with Domestic and International Economic Policy Issues as Bank of Japan Chief Economist

      • Kumiharu Shigehara
      Pages 187-203

    7. Coping with the Bursting of Japan’s Bubble and External Shocks

      • Kumiharu Shigehara
      Pages 205-231

    8. Japan’s Economic Policy Management since the Beginning of the Twenty-First Century

      • Kumiharu Shigehara
      Pages 233-267

  6. Domestic and International Frameworks for Economic Policy Management

    1. Front Matter

      Pages 271-271
      Download chapter PDF

    2. Frameworks and Conduct of Monetary Policy in Europe

      • Kumiharu Shigehara
      Pages 271-293

    3. Inflation Targeting and Alternative Monetary Policy Approaches

      • Kumiharu Shigehara
      Pages 295-313
Back to top

Authors and Affiliations

  • International Economic Policy Studies Association (IEPSA), Neuilly-sur-Seine, France

    Kumiharu Shigehara

About the author

Kumiharu Shigehara has pursued a distinguished career as both an international civil servant and a Japanese central banker: Bank of Japan Chief Economist, later OECD Chief Economist and subsequently OECD Deputy Secretary-General. He is currently President of the International Economic Policy Studies Association. 

Bibliographic Information

  • Book Title: The Bank of Japan, the OECD, and Beyond

  • Book Subtitle: Reflections from a lifetime’s work

  • Authors: Kumiharu Shigehara

  • DOI: https://doi.org/10.1007/978-981-97-5307-9

  • Publisher: Palgrave Macmillan Singapore

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2024

  • Hardcover ISBN: 978-981-97-5306-2Published: 28 August 2024

  • Softcover ISBN: 978-981-97-5309-3Due: 11 September 2025

  • eBook ISBN: 978-981-97-5307-9Published: 27 August 2024

  • Edition Number: 1

  • Number of Pages: XXI, 451

  • Number of Illustrations: 5 b/w illustrations, 12 illustrations in colour

  • Topics: International Finance, Public Finance, Asian Economics

Publish with us

Policies and ethics

Back to top