Shigeyoshi Matsuo Explained

Baron was a Japanese businessman, central banker and the 6th Governor of the Bank of Japan (BOJ). He was a Baron and a member of Japan's House of Peers from 1900 through 1916.^[1]

Early life

Matsuo was born in Hyogo Prefecture.^[2]

Career

In 1900, Matsuo had risen to the position of bureau chief in the Finance Ministry.^[3]

Matsuo was BOJ Governor from October 20, 1903, to June 1, 1911.^[4] During his term, the bank managed the money supply to restrain inflation.^[5]

In 1904, Matsuo assembled the heads of 35 commercial banks, offering favourable terms for lending by BOJ.^[5]

Matsuo construed complaints about "bad times" to mean that economic conditions were normal, and that there had been diminished opportunities for speculation.^[6]

References

• Augello, Massimo M. and Marco Enrico Luigi Guidi. (2005). Economists in Parliament in the Liberal Age (1848-1920). Burlington: Ashgate.;
• Duus, Peter. (1995). The Abacus and the Sword: The Japanese Penetration of Korea, 1895-1910. Berkeley: University of California Press.

Notes and References

1. Augello, Massimo et al. (2005).
2. Bank of Japan (BOJ), 6th Governor
3. Duus, Peter. (1995).
4. BOJ, List of Governors.
5. Wolf, David et al. (2007).
6. Matsuo, Shigeyoshi. (1911). "The Banking Year in Japan in 1910," in