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Institutions economiques et integration des marches internationaux de capitaux : le cas du Japon pendant l’ere Meiji

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  • Nathan Sussman
  • Yishay Yafeh

Abstract

On constate aujourd'hui, et cela etait sans doute encore plus vrai dans le passe, que l'integration aux marches internationaux de capitaux et la capacite d'emprunt sont des determinants fondamentaux du developpement economique. L'adoption d'institutions et de politiques economiques modernes par les pays en developpement est souvent percue comme une condition necessaire a leur acces aux capitaux etrangers. Dans cet article, nous cherchons a determiner quelles reformes et quels changements institutionnels ont permis au Japon de l'ere Meiji (1868-1912) d'acceder au marche obligataire londonien.

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Bibliographic Info

Article provided by CEPII research center in its journal Economie Internationale.

Volume (Year): (1999)
Issue (Month): 78 ()
Pages: 85-104

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Handle: RePEc:cii:cepiei:1999-2tc

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