Takahashi Korekiyo

Takahashi Korekiyo
高橋 是清
Prime Minister of Japan
In office
15 May 1932 – 26 May 1932
Acting
MonarchHirohito
Preceded byInukai Tsuyoshi
Succeeded bySaitō Makoto
In office
13 November 1921 – 12 June 1922
MonarchYoshihito
RegentHirohito
Preceded byUchida Kōsai (Acting)
Succeeded byKatō Tomosaburō
Member of the House of Peers
In office
29 January 1905 – 24 March 1924
Member of the House of Representatives
for Iwate 1st District
In office
10 May 1924 – 21 January 1928
Personal details
Born(1854-07-27)27 July 1854
Edo, Japan
Died26 February 1936(1936-02-26) (aged 81)
Tokyo, Japan
Manner of deathAssassination (gunshot wound)
Resting placeTama Reien Cemetery, Fuchū, Tokyo
Political partyRikken Seiyūkai
SpouseTakahashi Sina [ja] (1865–1936)
Signature

Viscount Takahashi Korekiyo (高橋 是清, 27 July 1854 – 26 February 1936) was a Japanese politician who served as prime minister of Japan from 1921 to 1922 and Minister of Finance when he was assassinated. He was also a member of the House of Peers and head of the Bank of Japan.

Takahashi made many contributions to Japan's development during the early 20th century, including introducing its first patent system and securing foreign financing for the Russo-Japanese War. Following the onset of the Great Depression, he introduced controversial financial policies which included abandoning the gold standard, lowering interest rates, and using the Bank of Japan to finance deficit spending by the central government. His decision to cut government spending in 1935 led to unrest within the Japanese military, who assassinated him in February 1936. Takahashi's policies are credited for pulling Japan out of the Depression, but led to soaring inflation following his assassination, as Takahashi's successors became highly reluctant to cut off funding to the government.[1]

  1. ^ Schlesinger, Jacob M. (11 June 2015). "As Japan Battles Deflation, a Bitter Legacy Looms". The Wall Street Journal. Retrieved 12 June 2015.