2006 Fiscal Year Final Research Report Summary
Historical Study in the Transmitting ＆ Receiving Process of Economic Crisis Information in Modern Japan
| Project/Area Number |
15530250
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic history
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| Research Institution | Mitsui Bunko |
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Principal Investigator |
KIKKAWA Yo Mitsui Bunko, Research Department, Senior Research Fellow, 研究室, 主任研究員 (20201460)
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| Project Period (FY) |
2003 – 2006
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| Keywords | Modern Japan / economic crises / newspapers / economic information / media history |
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| Research Abstract |
This study, relating to the economic crises that Modern Japan encountered, is made on the subject to elucidate how the crisis relevant information penetrated the society, paying attention to the regional differences and historical transitions.
In order to comprehend the situation on how the crises information penetrated, I took 6 crises (1890 Crisis, Post Japanese-Sino War Crisis, Post Japanese-Russo War Crisis, Backlash Crisis, Financial Crisis, and Showa Crisis), and made a data-base for information speed, information amount, and information content of leading newspapers' articles.
Especially for Financial Crisis in 1927, I made up an article data-base based on 35 newspapers now available to refer to. Analyzing regional differences from information penetration speed, information amount, and information content, I made conclusions as follows:
1. In the early half period of the Crisis (bankruptcies of Watanabe Bank, Nakai Bank, and other 4 banks), little attention was paid to the bankruptcies by local newspapers in local districts with no relative banks or branches located.
2. In the last half period, after all bankruptcies of Taiwan Bank, Ohmi Bank, and Jugo Bank, all the newspapers including local ones, remarkably increased the article amount, and at the same time, "bank-run" articles disappeared despite they were published in the previous half period.
3. After the general suspension, every newspaper emphasized the word "moratorium", and they succeeded in spreading the words. However, few newspapers clearly explained on why moratorium could make it stable. Most newspapers did nothing but making the mode of stabilization.
4. In addition, it is now clarified that photos currently used in historical descriptions to represent financial crisis were not so accessible to every newspaper reader at that time.
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