Methods and Sources of Financing War Expenses in Japan in the Years 1937-1945
Abstract
The article presents the sources of financing war expenses in Japan in the years 1937-1945. It also offers an analysis of selected elements of the economic system of the country. In the late 1920s and early 1930s, under the pressure of the military circles, Japan’s economy underwent a major overhaul whereby the liberal model was abandoned and a heavily statecontrolled model was adopted. These solutions were in use for several decades in the Japanese economy after the War, leading to Japan becoming a second largest economy in the world.
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