Hisaakira Hijikata Explained

Hisaakira Hijikata
Office:	12th Governor of the Bank of Japan
Term Start:	12 June 1928
Term End:	4 June 1935^[1]
Predecessor:	Junnosuke Inoue
Successor:	Eigo Fukai
Birth Date:	8 October 1870
Birth Place:	Mie, Japan^[2]
Death Place:	Tokyo, Japan
Alma Mater:	Tokyo Imperial University

was a Japanese businessman, central banker and the 12th Governor of the Bank of Japan (BOJ).

Early life

Hijikata was born in Mie Prefecture.^[3]

Career

In 1897, Hijikata was a BOJ trainee along with Junnosuke Inoue. Both young men were sent by the bank to learn about British banking practices in London.^[4]

In 1918, Hijikata was named head of the Industrial Bank of Japan.^[5]

Hijikata was Governor of the Bank of Japan from June 12, 1928 through June 4, 1935.^[6] During his tenure, financial difficulties in Europe and the suspension of the gold standard by the United Kingdom affected Japan; and the situation was exacerbated by the "Manchurian disturbance".^[7]

References

• Metzler, Mark. (2006). Lever of Empire: the International Gold Standard and the Crisis of Liberalism in Prewar Japan. Berkeley: University of California Press. ; OCLC 469841628
• Tamaki, Norio. (1995). Japanese banking: a History, 1859-1959. Cambridge: Cambridge University Press. ; OCLC 231677071

Notes and References

1. Web site: 歴代総裁. Bank of Japan. 15 February 2018.
2. Web site: 土方久徴. Kotobank. 15 February 2018.
3. Bank of Japan (BOJ), 12th Governor
4. Metzler, Mark. (2006).
5. Tamaki, Norio. (1995).
6. BOJ, List of Governors; "Heads Bank of Japan; Fukai, Vice Governor, Is Promoted as Hijikata Retires," New York Times. June 4, 1935; retrieved 2011-08-22
7. http://heinonline.org/HOL/LandingPage?collection=journals&handle=hein.journals/fedred18&div=56&id=&page= "Annual Report of the Bank of Japan,"