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Occupation: Economy

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Chapter Summary

Our knowledge of the economic change is, however, partial and our understanding of its causes and the processes is hazy. This chapter presents essays that demonstrate that the process of economic change was much more complex than hitherto thought. The essay on japanese control of enemy property examines the Japanese takeover of large economic institutions and enterprises owned by enemy nationals including certain Chinese, development of Japanese economic and financial policies, establishment of controlling boards and special financial institutions, and the effects of these changes on indigenous businesses. The essay on Japanese business in war-time Indonesia examines the activities of Japanese companies in the Indies archipelago under war-time rule. The chapter finally discusses the war's impact on the trade pattern, Japanese countermeasures, Indonesians' reactions, and the ways all this affected economic life in the villages and towns.

Keywords: economic change; economic institutions; enemy property; financial institutions; indigenous businesses; Japanese business; Japanese companies; war-time Indonesia



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