Part of the Palgrave Studies in the History of Finance book series (PSHF)


In the half-century prior to the onset of the Russo-Japanese War and since Commodore Matthew C. Perry had first opened Japan’s doors to the West and its imperialism in 1853, Japan had already emerged from being ‘a weak, feudal, and agrarian country into a modern industrial power, economically and militarily capable of resisting foreign domination’. (Mark R. Peattie, The Japanese Colonial Empire, 18951945 (Princeton: Princeton University Press, 1984), pp. 6–7.) Its prior isolation from sustained contact with its neighbours (1603–1867) and from the rest of the world had left Japan with a ‘cultural and linguistic distinctiveness [that had] made the Japanese highly self-conscious and acutely aware of their differences from others’. (Reischauer, Japan, p. 8.)


Japanese Colonial Empire Left Japan Reischauer Armament Loans Meiji Imperial 
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© The Author(s) 2018

Authors and Affiliations

  1. 1.National Real Estate ForumBeverly HillsUSA

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