Wartime switch to bank funding

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• Princes of the Yen whole source · open book

  In the period from 1940 to 1950, on average 60 percent of firms’ liabilities consisted of bank borrowing and only 40 percent consisted of equity financing.

  chapter: 5. Credit: The Economic High Command

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• Richard Werner author of the source

Appears in 2 stories

• Japan's wartime command economy step 17
• Princes of the Yen: Japan built, bubbled, and broken step 41

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