CHRONOLOGY

1927

Showa Financial Crisis banking regulation moves from BoJ to MoF and MoF's 'convoy system' launched

 

GLOSSARY

Convoy System

MoF regulation of the banks from 1927

with the slowest banks breaking even the fastest banks did extremely well

gososendan

MoF convoy system for the banks from 1927

for weak banks break even for strong banks a bonanza cf hozei shonin ginko

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