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Abstract

This chapter evaluates the importance of the Dodge Line, which was implemented in early 1949 to stop hyperinflation. The Dodge Line returned the Japanese economy back to the world economy. The Dodge Line was characterized by a balanced budget that would last until the mid-1960s. This tight-money policy crushed all the ideal and “democratic” social security plans devised during the early period of the Allied occupation, but basically continued the prewar medical insurance programs with some revisions. In this sense, the Dodge Line constituted a critical turning point in the development of post-World War II medical insurance in Japan.

Keywords

Dodge Line Economic Stabilization Board (ESB) Reconstruction Finance Bank (RFB) Korean War Health Insurance National Health Insurance Supreme Commander for the Allied Powers (SCAP) Public Health and Welfare (PHW) Recommendations on a social security system of 1950 Balanced budget 

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© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  1. 1.Osaka UniversityOsakaJapan

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