Modern Japan pp 91-110 | Cite as


  • Hugh Cortazzi


The Ministry of Finance is the government agency primarily responsible for all financial matters including the budget, taxation, banking, securities business and international monetary issues. It is generally regarded as the most powerful of all Japanese government organizations and its prestige enables it to attract the élite among applicants to join the Japanese civil service. Usually 20 to 25 graduates, primarily from Tokyo University, join its higher echelons each year. At the end of their careers, usually in their early fifties, they can expect to be given senior jobs in banks or financial institutions in the private sector. A number go into politics usually in the LDP interest.


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© Sir Hugh Cortazzi 1993

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  • Hugh Cortazzi

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