Shigeyoshi Matsuo

Shigeyoshi Matsuo (松尾 臣善, Matsuo Shigeyoshi, March 6, 1843 – April 7, 1916) was a Japanese businessman, central banker and the 6th Governor of the Bank of Japan (BOJ). He was a Baron and a member of Japan's House of Peers from 1900 through 1916.[1]

Early life

Matsuo was born in Hyogo Prefecture.[2]

Career

In 1900, Matsuo had risen to the position of bureau chief in the Finance Ministry.[3]

Matsuo was BOJ Governor from October 20, 1903, to June 1, 1911.[4] During his term, the bank managed the money supply to restrain inflation.[5]

In 1904, Matsuo assembled the heads of 35 commercial banks, offering favourable terms for lending by BOJ.[5]

Matsuo construed complaints about "bad times" to mean that economic conditions were normal, and that there had been diminished opportunities for speculation.[6]

Notes

References

  • Augello, Massimo M. and Marco Enrico Luigi Guidi. (2005). Economists in Parliament in the Liberal Age (1848-1920). Burlington: Ashgate.ISBN 9780754639657; OCLC 470670050
  • Duus, Peter. (1995). The Abacus and the Sword: The Japanese Penetration of Korea, 1895-1910. Berkeley: University of California Press.ISBN 9780520086142 OCLC 232346524


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