朝鮮総督府の臨時資金調整法の運用および資金統制

DOI Web Site

書誌事項

タイトル別名
  • The Application and the Effects of 'The Temporary Fund Control Law' by the Chosun Government-General
  • チョウセン ソウトク フ ノ リンジ シキン チョウセイホウ ノ ウンヨウ オヨビ シキン トウセイ

この論文をさがす

抄録

This paper is based on empirical analysis of the application and effects of the Temporary Fund Control Law implemented by the Chosun Government-General from Oct. 1937 to the end of 1940. After the beginning of the Sino-Japanese War in 1937, the Government- General began approving selected private investment plans by employing the Temporary Fund Control Law, in order to concentrate funds and materials in industries that had political priority. These were in particular import substitution industries and those industries named in the 'Productive Capacity Expansion Plan.' The Government-General itself supervised the progress of the approved businesses, in order to prevent the misuse of funds and facilities. However, implementation of the 'Material Mobilization Plan' throughout the Japanese Yen Bloc restricted the Government-General's capacity to issue these approvals, because of the difficulty of acquiring materials. Instead of aggressively seeking private investment, therefore, the Government-General was forced to become more conservative, basing its approvals on the candidate company's technical skills and potential for success. The approval results show that the funds were indeed concentrated in high-priority areas. An analysis of 'The Survey on the Business Results of Companies in Chosun' likewise shows that under the enforcement of the Fund Control Law, borrowing by those companies classified as leading industries increased more than the borrowing of those outside that classification. However, total bank loan data does not reveal the same concentration of funds, because only a small portion of total bank loans required approval under the Law. Borrowing by companies not classified as leading industries also increased even after the Law went into effect, and furthermore, there was an increase in the proportion of companies that were not subject to the regulations required for approval, and an increase in their capital as well. In sum, the Temporary Fund Control Law was enforced to control the funds, but its effects were restricted by the emerging circumstances.

収録刊行物

  • 歴史と経済

    歴史と経済 55 (2), 1-15, 2013

    政治経済学・経済史学会

詳細情報 詳細情報について

問題の指摘

ページトップへ