Tadashi Sasaki (佐々木 直, Sasaki Tadashi, 5 May 1907 – 7 July 1988) was a Japanese central banker, and 22nd Governor of the Bank of Japan (BOJ).
Tadashi Sasaki | |
|---|---|
| 佐々木 直 | |
 | |
| 21st Chairman of the Japan Association of Corporate Executives | |
| In office 25 April 1975 – 26 April 1985 | |
| Preceded by | Kazutaka Kigawada |
| Succeeded by | Takashi Ishihara [ja] |
| 22nd Governor of the Bank of Japan | |
| In office 17 December 1969 – 16 December 1974 | |
| Prime Minister | Eisaku Sato Kakuei Tanaka Takeo Miki |
| Preceded by | Makoto Usami |
| Succeeded by | Teiichiro Morinaga |
| Personal details | |
| Born | 17 May 1907 Yamaguchi, Japan |
| Died | 7 July 1988 (aged 81) |
Early life
editSasaki was born in Yamaguchi Prefecture.[1]
Banking career
editSasaki was BOJ Governor from 17 December 1969 to 16 December 1974.[2]
Immediately prior, he had been Deputy Governor.[3]
Tenure as BOJ Governor
editDuring 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]
In 1972 Japan experienced an unexpectedly high rate of economic growth. 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 of these measures, which Sasaki countered by forecasting tighter monetary policy in early 1973.[5]
Notes
edit- ^ 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
edit- 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
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