Masaaki Shirakawa

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Masaaki Shirakawa

Masaaki Shirakawa ( Japanese 白 川 方 明 , Shirakawa Masaaki ; born September 27, 1949 in Fukuoka Prefecture , Japan ) is a Japanese economist and was the 30th governor of the Bank of Japan (BOJ). He is also Director and Deputy Chairman of the Bank for International Settlements (BIS).

After Shinzō Abe , Prime Minister of Japan since December 26, 2012, had already announced that Shirakawa's term of office would not be extended, he was replaced by Haruhiko Kuroda on March 20, 2013 .

Life

childhood and education

Shirakawa was born in Fukuoka Prefecture. and graduated from the University of Tokyo in 1977, he completed an MA in Economics from the University of Chicago .

Career

After joining the Bank of Japan, he was appointed Professor at the Kyoto University School of Government in 2006. In 2008 he returned as governor of the Bank of Japan after Toshirō Mutō and Kōji Tanami were rejected by the opposition majority in the Senate and a leadership vacuum threatened at the top of the bank. He has been a member of the Group of Thirty since April 2009 .

In 2020 Shirakawa received the Watsuji Tetsurō Culture Prize .

literature

  • The Monetary Approach to the Balance of Payments and the Exchange Rate: an Empirical Study of Japan's Case (1980)
  • Financial Market Globalization: Present and Future (1997)
  • The Asset Price Bubble and Monetary Policy: Japan's Experience in the Late 1980s and the Lessons (2000)
  • "One Year Under 'Quantitative Easing'" (2002; PDF; 434 kB)
  • Japan's Deflation, Problems in the Financial System and Monetary Policy (2005)
  • De-leveraging and Growth: Is the Developed World Following Japan's Long and Winding Road? (2012)

Web links

Individual evidence

  1. ^ Bank for International Settlements (BIS), "BIS Board Appoints Masaaki Shirakawa as Vice-Chairman," January 11, 2011.
  2. nytimes.com December 17, 2012: Incoming Leader's Plan: Not Repeating His Errors Masaaki is considered cautious about inflation; Abe puts economic growth over inflation (risk)
  3. Bank of Japan (BOJ), List of Governors
  4. BOJ, 30th Governor ( Memento of the original from February 1, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.boj.or.jp
  5. ^ Row Ends Over Japan's Central Bank. In: Time . April 8, 2008, accessed November 28, 2012 .