2017 Fiscal Year Annual Research Report
Networks of Capital: The Rise of International Banking in East Asia, 1880-1919
| Project/Area Number |
17F17310
|
|---|
| Research Institution | The University of Tokyo |
|---|
Principal Investigator |
岡崎 哲二 東京大学, 大学院経済学研究科(経済学部), 教授 (90183029)
|
|---|
| Co-Investigator(Kenkyū-buntansha) |
MOAZZIN GHASSAN 東京大学, 経済学研究科(研究院), 外国人特別研究員
|
|---|
| Project Period (FY) |
2017-11-10 – 2020-03-31
|
| Keywords | foreign banks / modern China / modern Japan / Bond Market / Sovereign Debt / International Banking |
|---|
| Outline of Annual Research Achievements |
My main task since the beginning of the postdoctoral fellowship has been the completion of an article that deals with the integration of foreign banks into the Chinese banking sector at the turn of the 19th and 20th centuries and the networks that were created between foreign and Chinese economic actors as a result of this process. The article shows that, unlike what is stated in most of the previous literature, foreign banks did not dominate the Chinese banking sector, but were dependent on the cooperation of Chinese banks. I was able to incorporate significant additional sources from the Library of Economics, University of Tokyo and the National Diet Library as I completed the article. I have now submitted the article to an international journal, where it is under review. I have also started work on a second journal article tentatively titled “Investing in the New Republic: International Finance and the 1911 Revolution in China,” which uses British and German Bond Price Data to assess the reaction of foreign bond markets to the Chinese 1911 Revolution.
Finally, I wrote and presented a paper on the integration of modern China into global capital markets titled “Foreign Bankers, Sovereign Risk and Global Capital Markets: The Chinese Indemnity Loans of 1895-1898 and China’s Integration into the International System of Sovereign Borrowing” at the Annual Conference of the Association for Asian Studies.
|
| Current Status of Research Progress |
Current Status of Research Progress
2: Research has progressed on the whole more than it was originally planned.
Reason
In accordance to my initial research plan, I have started to collect and use Chinese and Japanese sources available in Japan.
I have also presented my work at the Annual Conference of the Association for Asian Studies as planned.
Having submitted one article for publication and commenced work on another article, my publications are also progressing satisfactorily.
|
| Strategy for Future Research Activity |
During the fiscal year 30, I plan to continue to collect sources from Japanese libraries and archives on foreign banking in modern China and Japan. I plan to visit archives in Yokohama and Kobe for this purpose and also intend to spend a period of time at the Deutsche Bank Archives in Frankfurt am Main, Germany. I also plan to complete my second journal article during this year.
During the fiscal year 31, I plan to mainly concentrate on completing my book manuscript and preparing it for submission to an academic press. I also intend to use the final period of the fellowship to complete a third journal article that compares the activities of foreign banks in the modern Chinese and Japanese economies and submit it to an international journal. I also plan to attend the Annual Meeting of the Economic History Association in fall 2019.
|
Research Products
(1 results)
