Masaru Hayami
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Masaru Hayami
was a Japanese businessman, central banker, the 28th Governor of the Bank of Japan (BOJ) and a Director of the Bank for International Settlements (BIS). Early life Hayami was born in Hyōgo Prefecture. He graduated from The Tokyo College of Commerce (now Hitotsubashi University) in 1947. Career Hayami was Chief Executive Officer of the Nissho Iwai Corporation, He served as Governor of the Bank of Japan from March 20, 1998 to March 19, 2003. He took over the top BOJ role in 1998, after Governor Yasuo Matsushita and Deputy Governor Toshihiko Fukui resigned in connection with a scandal involving leaks of financially sensitive information. Controversy Hayami was a controversial BOJ governor because he insisted Japanese politicians must change the structure of the economy before the BOJ could take further measures to end deflation. He fiercely resisted politicians' demand to loosen monetary policy, thereby increasing the pressure on politicians to reduce stifling regulation, m ...
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Masaru Hayami
was a Japanese businessman, central banker, the 28th Governor of the Bank of Japan (BOJ) and a Director of the Bank for International Settlements (BIS). Early life Hayami was born in Hyōgo Prefecture. He graduated from The Tokyo College of Commerce (now Hitotsubashi University) in 1947. Career Hayami was Chief Executive Officer of the Nissho Iwai Corporation, He served as Governor of the Bank of Japan from March 20, 1998 to March 19, 2003. He took over the top BOJ role in 1998, after Governor Yasuo Matsushita and Deputy Governor Toshihiko Fukui resigned in connection with a scandal involving leaks of financially sensitive information. Controversy Hayami was a controversial BOJ governor because he insisted Japanese politicians must change the structure of the economy before the BOJ could take further measures to end deflation. He fiercely resisted politicians' demand to loosen monetary policy, thereby increasing the pressure on politicians to reduce stifling regulation, m ...
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OCLC
OCLC, Inc., doing business as OCLC, See also: is an American nonprofit cooperative organization "that provides shared technology services, original research, and community programs for its membership and the library community at large". It was founded in 1967 as the Ohio College Library Center, then became the Online Computer Library Center as it expanded. In 2017, the name was formally changed to OCLC, Inc. OCLC and thousands of its member libraries cooperatively produce and maintain WorldCat, the largest online public access catalog (OPAC) in the world. OCLC is funded mainly by the fees that libraries pay (around $217.8 million annually in total ) for the many different services it offers. OCLC also maintains the Dewey Decimal Classification system. History OCLC began in 1967, as the Ohio College Library Center, through a collaboration of university presidents, vice presidents, and library directors who wanted to create a cooperative, computerized network for libraries ...
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Hitotsubashi University Alumni
may refer to: *Hitotsubashi, Chiyoda, a place in Chiyoda, Tokyo *Hitotsubashi Group, a publishing ''keiretsu'' *Hitotsubashi University is a national university located in Tokyo, Japan. It has campuses in Kunitachi, Kodaira, and Chiyoda. One of the top 9 Designated National University in Japan, Hitotsubashi is a relatively small institution specialized solely in social sciences ... * Hitotsubashi-Tokugawa, a branch of the Tokugawa Clan * Hitotsubashi Yoshinobu (Keiki), the last shōgun {{disambig ...
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Governors Of The Bank Of Japan
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political region or polity, a ''governor'' may be either appointed or elected, and the governor's powers can vary significantly, depending on the public laws in place locally. The adjective pertaining to a governor is gubernatorial, from the Latin root ''gubernare''. Ancient empires Pre-Roman empires Though the legal and administrative framework of provinces, each administrated by a governor, was created by the Romans, the term ''governor'' has been a convenient term for historians to describe similar systems in antiquity. Indeed, many regions of the pre-Roman antiquity were ultimately replaced by Roman 'standardized' provincial governments after their conquest by Rome. Plato used the metaphor of turning the Ship of State with a rudder; the Latin w ...
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2009 Deaths
This is a list of deaths of notable people, organised by year. New deaths articles are added to their respective month (e.g., Deaths in ) and then linked here. 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 See also * Lists of deaths by day The following pages, corresponding to the Gregorian calendar, list the historical events, births, deaths, and holidays and observances of the specified day of the year: Footnotes See also * Leap year * List of calendars * List of non-standard ... * Deaths by year {{DEFAULTSORT:deaths by year ...
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1925 Births
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album '' Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slip ...
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Richard Werner
Richard Andreas Werner (born 5 January 1967) is a German banking and development economist who is a university professor at De Montfort University. He has proposed the "Quantity Theory of Credit", or "Quantity Theory of Disaggregated Credit", which disaggregates credit creation used for the real economy (GDP transactions) on the one hand, and financial transactions on the other hand. In 1995, he proposed a new monetary policy to swiftly deal with banking crises, which he called 'Quantitative Easing', published in the Nikkei. He also first used the expression "QE2" in public, referring to the need to implement 'true quantitative easing' as an expansion in credit creation. His 2001 book ' Princes of the Yen' was a number one general bestseller in Japan. In 2014 he published the first empirical evidence that each bank creates credit when it issues a new loan. Early life In 1989, Werner earned a BSc in economics at the London School of Economics (LSE). During his postgraduate studies ...
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Sojitz
is a ''sogo shosha'' (general trading company) based in Tokyo, Japan. It is engaged in a wide range of businesses globally, including buying, selling, importing, and exporting goods, manufacturing and selling products, providing services, and planning and coordinating projects, in Japan and overseas. Sojitz also invests in various sectors and conducts financing activities. The broad range of sectors in which Sojitz operates includes automobiles, energy, mineral resources, chemicals, foodstuff resources, agricultural and forestry resources, consumer goods, and industrial parks. Sojitz was formed in 2004 by the merger of and . The name "Sojitz" is derived from the names of Nissho Iwai and Nichimen, both of which include the character "日" (sun). "Sojitz", literally meaning "twin suns", implies a merger of equals between the two companies. The corporate logo is a stylized version of the first character in its Japanese name. History Nichimen Beginning around 1878, the Japanese ...
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WorldCat
WorldCat is a union catalog that itemizes the collections of tens of thousands of institutions (mostly libraries), in many countries, that are current or past members of the OCLC global cooperative. It is operated by OCLC, Inc. Many of the OCLC member libraries collectively maintain WorldCat's database, the world's largest bibliographic database. The database includes other information sources in addition to member library collections. OCLC makes WorldCat itself available free to libraries, but the catalog is the foundation for other subscription OCLC services (such as resource sharing and collection management). WorldCat is used by librarians for cataloging and research and by the general public. , WorldCat contained over 540 million bibliographic records in 483 languages, representing over 3 billion physical and digital library assets, and the WorldCat persons dataset (Data mining, mined from WorldCat) included over 100 million people. History OCLC OCLC, Inc., doing bus ...
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Deflation
In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate). Inflation reduces the value of currency over time, but sudden deflation increases it. This allows more goods and services to be bought than before with the same amount of currency. Deflation is distinct from disinflation, a slow-down in the inflation rate, i.e. when inflation declines to a lower rate but is still positive. Economists generally believe that a sudden deflationary shock is a problem in a modern economy because it increases the Real versus nominal value (economics), real value of debt, especially if the deflation is unexpected. Deflation may also aggravate recessions and lead to a deflationary spiral. Some economists argue that prolonged deflationary periods are related to the underlying of technological progress in an economy, because as productivity increases (Total factor productivity, TFP), t ...
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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 has its headquarters in Chūō, Tokyo, Chūō, Tokyo. History 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, hansatsu'', in an array of incompatible denominations, but the ''New Currency Act'' of Meiji 4 (1871) did away with these and established the yen as the new decimal currency, which had parity with the Mexican silver dollar. The former Han (Japan), han (fiefs) became Prefectures of Japan, prefectures and their mints became private chartered banks which, however, initially retained the right to print money. For a time both the central government and these so-called "national" banks issued money. A period of unanticipated consequences was ended when the Bank of Japan was founded ...
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Toshihiko Fukui
is a Japanese economist and central banker. He was the 29th Governor of the Bank of Japan (BOJ) and a Director of the Bank for International Settlements (BIS). Early life Fukui was born in Osaka. Career Fukui has worked at Japan's central bank for 40 years. His positions included serving as the bank's representative in Paris, heading the research and credit management bureaus, and Executive Director.Belson, Ken "Japan, Its Finances in Disarray, Picks Old-School Central Banker,"''New York Times.'' February 25, 2003. He was head of the Banking Department from September 1986 through May 1989.Werner, Richard A. (2003). In 1989, Fukui was promoted to Deputy Governor of BOJ. In 1998, Deputy Governor Fukui resigned in connection with a bribery scandal involving leaks of financially sensitive information. He joined then-Governor Yasuo Matsushita in expressing official remorse by leaving the bank. He then became chairman of the Fujitsu Research Institute, a private policy group. H ...
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