Tadashi Sasaki (banker)

Tadashi Sasaki
佐々木 直
21st Chairman of the Japan Association of Corporate Executives
In office 25 April 1975 – 26 April 1985
Preceded by	Kazutaka Kigawada
Succeeded by	Takashi Ishihara [ja]
22nd Governor of the Bank of Japan
In office 17 December 1969 – 16 December 1974
Prime Minister	Eisaku Sato Kakuei Tanaka Takeo Miki
Preceded by	Makoto Usami
Succeeded by	Teiichiro Morinaga
Personal details
Born	(1907-05-17)17 May 1907 Yamaguchi, Japan
Died	7 July 1988(1988-07-07) (aged 81)

Tadashi Sasaki (佐々木 直, Sasaki Tadashi, 5 May 1907 – 7 July 1988) was a Japanese central banker, and 22nd Governor of the Bank of Japan (BOJ).

Sasaki was born in Yamaguchi Prefecture.^[1]

Sasaki was BOJ Governor from 17 December 1969 to 16 December 1974.^[2]

Immediately prior, he had been Deputy Governor.^[3]

During Sasaki's tenure, BOJ became a shareholder of the Bank for International Settlements BIS); however, in 1970, the head of the Japanese central bank was not invited to become a member of the BIS Board of Directors.^[4]

In 1972 Japan experienced an unexpectedly high rate of economic growth. However, the country began to increase its focus on social welfare and quality of life, which marked a significant change from Japan's policy of "economic growth first" in the years since the end of World War II.

Inflationary pressures occurred as a result of these measures, which Sasaki countered by forecasting tighter monetary policy in early 1973.^[5]

• Toniolo, Gianni. (2005). Central Bank Cooperation at the Bank for International Settlements, 1930–1973. Cambridge: Cambridge University Press. ISBN 0-521-84551-3
• Werner, Richard A. (2003). Princes of the Yen: Japan's Central Bankers and the Transformation of the Economy. Armonk, New York: M.E. Sharpe. ISBN 0-7656-1048-5

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