This paper analyzes how Japan financed its World War II occupation of Southeast Asia, the transfer of resources to … inflation, hyperinflation hardly occurred because of a sustained transactions demand for money, because of Japan's strong … Japan, and the monetary and inflation consequences of Japanese policies. In Malaya, Burma, Indonesia and the Philippines …

large quantities, in some cases exceeding the value of home country exports. The 1990-1991 Gulf War disrupted this dynamic … region have a significant yet temporary impact on GDP growth. The major reductions in remittances during the Gulf War were at …

How do financial development and financial integration interact? We focus on Japan’s Great Recession after 1990 to … reference to prefectures' different historical pathways to financial development. After Japan's opening to trade in the 19th …, the main export hub for silk, provided silk reelers with trade loans. Many regional banks in Japan were founded as local …

How do financial development and financial integration interact? We focus on Japan's Great Recession after 1990 to … reference to prefectures' different historical pathways to financial development. After Japan's opening to trade in the 19th …, the main export hub for silk, provided silk reelers with trade loans. Many regional banks in Japan were founded as local …

How do financial development and financial integration interact? We focus on Japan's Great Recession after 1990 to … reference to prefectures' different historical pathways to financial development. After Japan's opening to trade in the 19th …, the main export hub for silk, provided silk reelers with trade loans. Many regional banks in Japan were founded as local …

During Japan's ‘Lost Decade', reallocation of credit through the internal capital markets of country-wide banks … regional fragmentation of banking markets in Japan goes back to the institutions set up for silk export finance in the late 19 …

We exploit the natural experiment of Japan’s opening to international trade to examine how comparative advantage can … shape a country’s long-run path towards financial development. In the late 19th century, many of Japan’s prefectures had a …

Regional differences in banking integration determined how Japan's Great Recession after 1990 spread across the country …. We explain these differences with the emergence of silk reeling as the main export industry after Japan's opening to …