Masaaki Shirakawa Explained

Masaaki Shirakawa
Japanese: 白川 方明
Office:30th Governor of the Bank of Japan
Primeminister:Yasuo Fukuda
Taro Aso
Yukio Hatoyama
Naoto Kan
Yoshihiko Noda
Shinzo Abe
Deputy:Hirohide Yamaguchi
Kiyohiko Nishimura
Term Start:April 9, 2008
Term End:March 19, 2013
Predecessor:Toshihiko Fukui
Successor:Haruhiko Kuroda
Office2:Deputy Governor of the Bank of Japan
Primeminister2:Yasuo Fukuda
Term Start2:March 20, 2008
Term End2:April 9, 2008
Predecessor2:Toshirō Mutō
Kazumasa Iwata
Successor2:Kiyohiko Nishimura
Birth Date:27 September 1949
Alma Mater:University of Tokyo
University of Chicago
Signature:Masaaki Shirakawa (白川 方明) Signature 2012.png

is a Japanese economist and the 30th Governor of the Bank of Japan (BOJ), and professor at Aoyama Gakuin University. He is also a Director and Vice-Chairman of the Bank for International Settlements (BIS).[1]

Early life

Shirakawa was born in Fukuoka.[2] and he graduated from high school in Kokura.

In 1972, he was awarded a B.A. degree at the University of Tokyo. In 1977, he earned an M.A. in Economics at the University of Chicago.[3]

Career

Shirakawa joined the Bank of Japan in 1972. His varied assignments at the bank included a period as General Manager at the Ōita branch. For a time, he was General Manager for the Americas at the bank's office in New York City.[3]

Shirakawa joined the faculty of the graduate school of public policy at Kyoto University in 2006. He returned to BOJ in 2008.[3]

His nomination to be Governor of the Bank was approved on April 9, 2008. Masaaki ranks 6th on the world's most powerful by Newsweek along with economic triumvirs Ben Bernanke (4th) and Jean-Claude Trichet (5th).

Shirakawa's mandate is "to respond to changes in circumstances in a flexible and timely manner" in a way which can contribute to the sustainable growth and development of Japan.[4] In other words, this means that the role of the head of the BOJ is to effect price stability in Japan and to ensure stability of the financial system.

In 2011 he was included in the 50 Most Influential ranking of Bloomberg Markets Magazine. He is a member in the Group of Thirty.

In 2013 he accepted a professor post at Aoyama Gakuin University.[5]

Selected works

In a statistical overview derived from writings by and about Masaaki Shirakawa, OCLC/WorldCat encompasses roughly 10+ works in 20+ publications in 3 languages and 110+ library holdings.[6]

External links

Notes and References

  1. Bank for International Settlements (BIS), "BIS Board Appoints Masaaki Shirakawa as Vice-Chairman," 11 January 2011.
  2. Bank of Japan (BOJ), List of Governors
  3. Web site: 日本銀行:ページを表示することができませんでした Bank of Japan:Page cannot be displayed. :日本銀行 Bank of Japan . Boj.or.jp . 2011-01-31 . 2014-08-20 . dead . https://web.archive.org/web/20140201115706/http://www.boj.or.jp/en/about/organization/policyboard/gv_shirakawa.htm/ . 2014-02-01 .
  4. Nihon Ginkō. (2009). Annual review, p. 7.
  5. Web site: JSTJul 24, 2013 . BOJ Beat: Ex-Gov Shirakawa Gets University Job – Japan Real Time – WSJ . Blogs.wsj.com . 2013-07-24 . 2014-08-20.
  6. http://www.oclc.org/research/activities/identities/default.htm WorldCat Identities
  7. Web site: Archived copy . 2011-08-21 . 2019-01-21 . https://web.archive.org/web/20190121214326/http://www.imes.boj.or.jp/english/publication/edps/2002/02-E-03.pdf . dead .