2025.04.21（月）AGIセミナー「Building a Potemkin Village in Occupied China: Japan’s Wartime System of Linked Trade, 1939–1943」（オンライン）

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日時

令和7年4月21日（月）14：00～16：00
※終盤は質疑応答の予定です。

講師

アジア成長研究所特別教授、大阪大学名誉教授
髙木信二氏

テーマ

Building a Potemkin Village in Occupied China: Japan’s Wartime System of Linked Trade, 1939–1943

要旨

The paper discusses the exchange rate system of Japanese-occupied North China during the Second Sino-Japanese War, whereby exporters were given the right to import, which could be sold in the secondary market. In an environment of rapid inflation where the yuan was pegged to the yen, the intent was to incentivize exports by allowing exporters to offset their losses with the profits from selling the right to import goods at the overvalued exchange rate. The paper, using archived classified documents, reconstructs the system and shows that the system broadly mimicked the operation of a flexible exchange rate.