XV. MONETARY MANAGEMENT IN THE FIRST YEAR

Chapters in this book

1. Frontmatter i
2. FOREWORD v
3. PREFACE vii
4. CONTENTS xi
5. TABLES xvi
6. INTRODUCTON I. THE PREWAR SITUATION 1
7. PART ONE. RECEIPTS, EXPENDITURE, AND FISCAL POLICY
8. II. CASH RECEIPTS AND EXPENDITURE 11
9. III. THE RICE-WHEAT BUDGET; TOTAL RECEIPTS AND EXPENDITURE IN CASH AND IN KIND 22
10. IV. FISCAL POLICY 32
11. PART TWO. DEBT AND FOREIGN AID
12. V. THE DEBT SITUATION IN MID-1937 69
13. VI. INTERNAL BORROWING 75
14. VII. THE PREWAR FOREIGN DEBT 89
15. VIII. THE FOREIGN PURCHASE CREDITS OF 1937–1941 97
16. IX. FOREIGN CREDITS AND LEND-LEASE DURING THE PACIFIC WAR 109
17. X. SUMMARY AND APPRAISAL, DEBT AND FOREIGN AID; PLANNING FOR POSTWAR 118
18. PART THREE. CURRENCY, MONETARY MANAGEMENT, AND INFLATION
19. XI. THE CURRENCY SITUATION IN MID–1937 131
20. XII. PRICES, EXCHANGE, INTEREST RATES 138
21. XIII. CREDIT, NOTE ISSUE, DEPOSITS 158
22. XIV. PUPPET, JAPANESE, AND COMMUNIST CURRENCIES 165
23. XV. MONETARY MANAGEMENT IN THE FIRST YEAR 189
24. XVI. STABILIZATION OPERATIONS, JUNE 1938 TO AUGUST 1941 206
25. XVII. FREEZING AND EXCHANGE CONTROL, JULY TO DECEMBER 1941 247
26. XVIII. MONETARY MANAGEMENT DURING THE PACIFIC WAR: INFLATION, AMERICAN MILITARY OUTLAY, AND THE RATE OF EXCHANGE 261
27. XIX. GOLD, GIVEN AND WITHHELD 281
28. XX. ECONOMIC ANALYSIS 299
29. XXI. THE EFFECTS OF THE INFLATION 316
30. APPENDIXES 329
31. BIBLIOGRAPHIC NOTE 385
32. NOTES 387
33. INDEX 409
34. Backmatter 423