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Personal Small Savings and Japan’s Economic Development

  • Hikaru Tanaka

摘要

It is beyond reasonablePopular funds doubt that the financial system is essential for the economy. The circulation of funds, “the blood of the economy,” is indispensable for smooth daily economic activities, playing a critical role in a nation’s economic growth, in the daily operations of corporations, and in the daily lives of individuals. Therefore, countries that have up to now developed into advanced or industrial nations have a well-developed financial system of one form or another, be it the banking system or the stock market. Japan is no exception.