Tadashi Sasaki | |
---|---|
佐々木 直 | |
21st Chairman of the Japan Association of Corporate Executives | |
In office 25 April 1975 – 26 April 1985 | |
Preceded by | Kazutaka Kigawada |
Succeeded by | Takashi Ishihara [ ja] |
22nd Governor of the Bank of Japan | |
In office 17 December 1969 – 16 December 1974 | |
Prime Minister |
Eisaku Sato Kakuei Tanaka Takeo Miki |
Preceded by | Makoto Usami |
Succeeded by | Teiichiro Morinaga |
Personal details | |
Born | Yamaguchi, Japan | 17 May 1907
Died | 7 July 1988 | (aged 81)
Tadashi Sasaki (佐々木 直, Sasaki Tadashi, 5 May 1907 – 7 July 1988) was a Japanese central banker, and 22nd Governor of the Bank of Japan (BOJ).
Sasaki was born in Yamaguchi Prefecture. [1]
Sasaki was BOJ Governor from 17 December 1969 to 16 December 1974. [2]
Immediately prior, he had been Deputy Governor. [3]
During Sasaki's tenure, BOJ became a shareholder of the Bank for International Settlements BIS); however, in 1970, the head of the Japanese central bank was not invited to become a member of the BIS Board of Directors. [4]
In 1972 Japan experienced an unexpectedly high rate of economic growth. However, the country began to increase its focus on social welfare and quality of life, which marked a significant change from Japan's policy of "economic growth first" in the years since the end of World War II.
Inflationary pressures occurred as a result of these measures, which Sasaki countered by forecasting tighter monetary policy in early 1973. [5]