Documents and Studies on 19th c. Monetary History
Japan
Republication of
The Currency of Japan
A reprint of Articles, Letters, and Official Reports, Published at Intervals in the Foreign Newspapers of Japan, together with Translations from Japanese Journals, relating to the Currency, Paper and Metallic, of the Empire of Japan (Yokohama, 1882)
Marina Kovalchuk, Georges Depeyrot, ed.
The Meiji Restoration (1868) opened Japan to the Western world by creating institutions similar to those of European countries. Japan adopted a uniform currency, but was soon forced to issue or permit to issue bank notes, public or private, creating an important inflation.
At that moment, finance problems relating to Japanese unsettled currency system brings difficulties not only to Japan but also to the countries which had commercials relations with Japan. The Great Britain was one of these countries.
The publication of Currency of Japan (1882), was exactly when the political debate on the bank notes and inflation had reached its maximum, before the Matsukata's deflation.
With Currency of Japan, we begin a series of republication of books on the money issue in Japan during the Meiji period. It should start with this first book that summarizes the situation during the early years of the Meiji era. It will be followed by other volumes detailing the evolution of monetary policy in Japan.
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Marina Kovalchuk, Georges Depeyrot, ed.
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