was a Japanese businessman, central banker and the 13th Governor of the Bank of Japan (BOJ).
Early life Fukai was born in Gumma Prefecture.Bank of Japan (BOJ), 13th Governor
Career Fukai was the aide to Takahashi Korekiyo, who was responsible for negotiating war loans to pay for Japan's participation in the Russo-Japanese War.Smethurst, Richard J. (1997). "Fukai Eigo and the Development of Japanese Monetary Policy," in New Directions in the Study of Meiji Japan, pp. 125-135.
Fukui was part of the Japanese delegation at the Versailles Peace Conference in 1919. "Heads Bank of Japan; Fukai, Vice Governor, Is Promoted as Hijikata Retires," New York Times. June 4, 1935; retrieved 2011-08-22 He was a special appointee of the Foreign Office at the Washington Conference on Limitation of Armament in 1921. Personnel of Delegations ... Principal Delegates," New York Times. November 6, 1921; retrieved 2011-08-22 Fukui was also a Japanese delegate at the London Economic Conference in 1933.Byas, Hugh. "End to Trade Bars Desired by Japan; Fukai, Delegate to the World Parley, Declares Tariffs Should Be Reduced," New York Times. May 4, 1933; retrieved 2011-o8-22
Fukai was Governor of the Bank of Japan from June 4, 1935 – February 9, 1937.BOJ, List of Governors. His promotion came after seven years as Deputy Governor.
During his term as head of the bank, his chief concern was ensuring confidence in Japan's currency and limiting monetary inflation. Ineffective efforts to slow the growth of military spending marked Fukai's term as BOJ governor.Kirshner, Jonathan. (2007).
Notes
References
Hardacre, Helen and Adam L. Kern, eds. (1997). New Directions in the Study of Meiji Japan. Leiden: Brill. ; Kirshner, Jonathan. (2007). Appeasing Bankers: Financial Caution on the Road to War. Princeton: Princeton University Press. ;