Tadashi Sasaki (banker)
Tadashi Sasaki (佐々木直 Sasaki Tadashi, 1907 – 1988) was a Japanese central banker and 22nd Governor of the Bank of Japan (BOJ).
Early life
Sasaki was born in Yamaguchi Prefecture.[1]
Career
Sasaki was BOJ Governor from December 17, 1969 to December 16, 1974.[2] Immediately prior, he had been Deputy Governor.[3]
During Sasaki's tenure, BOJ became a shareholder of the Bank for International Settlements BIS); however, in 1970, the head of the Japanese central bank was not invited to become a member of the BIS Board of Directors.[4]
Japan experienced an unexpectedly high rate of economic growth in 1972. However, the country began to increase its focus on social welfare and quality of life which marked a significant change from Japan's policy of "economic growth first" in the years since the end of World War II. Inflationary pressures occurred as a result which Sasaki countered by forecasting tighter monetary policy in early 1973. [5]
Notes
- ↑ Bank of Japan, 22nd Governor
- ↑ BOJ, List of Governors
- ↑ Werner, Richard A. (2003). Princes of the Yen: Japan's Central Bankers and the Transformation of the Economy, p. 147, p. 147, at Google Books
- ↑ Toniolo, Gianni. (2005). Central Bank Cooperation at the Bank for International Settlements, 1930-1973, p. 361., p. 361, at Google Books
- ↑ Ofusa, Junnosuke. "Japanese Study Nature of Boom," New York Times. January 21, 1973.
References
- Toniolo, Gianni. (2005). Central Bank Cooperation at the Bank for International Settlements, 1930–1973. Cambridge: Cambridge University Press. ISBN 0-521-84551-3
- Werner, Richard A. (2003). Princes of the Yen: Japan's Central Bankers and the Transformation of the Economy. Armonk, New York: M.E. Sharpe. ISBN 0-7656-1048-5
| Government offices | ||
|---|---|---|
| Preceded by Makoto Usami |
Governor of the Bank of Japan 1969–1974 |
Succeeded by Teiichiro Morinaga |