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001 AAI3506352
005 20120929123423.5
008 120929s2012 ||||||||||||||||| ||eng d
020 9781267317575
035 (UMI)AAI3506352
040 UMI|cUMI
100 1 Kahm, Howard Hae
245 10 Colonial Finance: Daiichi Bank and the Bank of Chosen in
Late Nineteenth and Early Twentieth Century Korea, Japan,
and Manchuria
300 301 p
500 Source: Dissertation Abstracts International, Volume: 73-
09, Section: A, page:
500 Adviser: John B. Duncan
502 Thesis (Ph.D.)--University of California, Los Angeles,
2012
520 After Choson Korea was forced to open its ports in 1876 by
Japan, Korea was incorporated into a regional East Asian
economy based on the unequal treaty system and predicated
on a structure of core and periphery relationships between
the industrialized and industrializing nations. As the
first modern bank in Japan, Daiichi Bank was the first
Japanese bank to establish operations in the Korean open
ports. Daiichi was heavily dependent on its business in
Korea for survival, but it ultimately thrived within the
fierce competition of the time. Daiichi also demonstrated
the inherent contradiction of functioning as the erstwhile
Korean central bank as well as a private commercial bank
520 After annexation in 1910, Daiichi Bank transferred nearly
all of its operations into the Bank of Chosen. The
internal Japanese debate over the establishment of a stand
-alone central bank between the Bank of Japan, Ministry of
Finance, and colonial government established the Bank of
Chosen with a separate-but-equal yen currency which placed
colonial Korea on the periphery and insulated Japan from
the Korean economy. Also, the Bank of Chosen aggressively
expanded into Manchuria to remedy the colonial
contradictions of a perpetual trade imbalance, but it also
reinforced a new core-periphery relationship between
colonial Korea and the Manchuria. The post-WWI economic
crash, the 1923 Kanto Earthquake, and the 1927 Showa
Financial Crisis presented new challenges for the Bank of
Chosen which was forced to rely on a government-sponsored
rescue
520 After 1945, the Bank of Chosen continued to play a pivotal
role in the southern economy under American occupation
authority. Despite the internal power struggle between the
Bank of Chosen and the Ministry of Finance over the
creation and independence of the South Korean central bank,
the prominence and authority of the Bank of Chosen ensured
continuity in the institution and personnel in the new
Bank of Korea. The histories of Daiichi Bank, the Bank of
Chosen, and the Bank of Korea thus demonstrate the
continuity and contingent adaptations of these
institutions with the demands of the state as they
traversed late nineteenth and early twentieth century
Korea, Japan, and Manchuria
590 School code: 0031
650 4 History, Asia, Australia and Oceania
650 4 Economics, History
690 0332
690 0509
710 2 University of California, Los Angeles.|bAsian Languages &
Cultures 00A9
773 0 |tDissertation Abstracts International|g73-09A
856 40 |uhttp://pqdd.sinica.edu.tw/twdaoapp/servlet/
advanced?query=3506352