著者
原田 二郎 Harada Jiro
出版者
法政大学経済学部学会
雑誌
経済志林 (ISSN:00229741)
巻号頁・発行日
vol.78, no.3, pp.89-109, 2011-02

It is well-known that the idea of different worlds in China (especially theworld of the dead) is very secular. The underworld is a world of governmentoffices operated through officials and documents, but it is located underground.Can we go there by the use of some tunnel?In novels written by the old intellectuals, we find that a man who was totravel to the underworld was visited by messengers from that world. Theyguided him to the world of the dead, but at that time, they did not use atunnel, even though that world is located underground. The underworld iscontiguous to the world above ground. Since it is an alien world, however,it should be separated from the human world. How can the messengersguide a human being to the underground world?According to the novels, when the messengers appear to take someoneto their home, it is a time when the man is dying, or during illness, or in adream. What do these have in common? It is a time when his eyes areclosed. By closing the eyes, the man enters into a different world. Closingthe eyes is the tunnel to the alien world.The Chinese word for the underground world is 'meikai' which means adark world. In Chinese novels, the alien world is a place that a man canreach by going through a dark tunnel, or by closing the eyes.
著者
渡部 訓 Watanabe Satoshi
出版者
法政大学経済学部学会
雑誌
経済志林 (ISSN:00229741)
巻号頁・発行日
vol.76, no.4, pp.251-286[含 英語文要旨], 2009-03

The Basel Committee on Banking Supervision was established at the end of 1974 by the central-bank governors of the G10 countries, to restore international financial system stability in the aftermath of the failure ofBankhaus Herstatt. Its first major achievement was the adoption of the"Concordat" which set up the basic principles for international cooperationin the area of banking supervision. Since the adoption of the Concordat, the Committee has held regular meetings three or four times a year to further promote internationalcooperation in banking supervision. Among its major achievements were: (1) the use of supervision on a consolidated basis; (2) the effective monitoring of banks' solvency and liquidity adequacy; (3) best practicesconcerning country risk management and supervision; and (4) the prudential control of foreign exchange operations and the role of supervision. Also, the Committee provided members with opportunities to exchange information on the following banking supervisory matters: (1) the quality of bank capital; (2) arrangements for bank audits and affiliation relationships between banks and non-banks; (3) deposit insurance arrangements; (4) the supervision of banks' trust business; and (5) the role of profit and loss analysis in bank supervision. However, doubts emerged regarding the effectiveness of international cooperation in banking supervision under the Concordat in the summer of 1982, when Italian bank Banco Ambrosiano and its Luxembourg affiliateBanco Ambrosiano Holding collapsed and the Eurocurrency market was seriously disturbed.The Committee promptly reappraised the original Concordat and finalized its revised version in May 1983. In a change from the original Concordat, under which primary responsibility for supervising foreign subsidiaries and joint ventures rested with the host authorities in the division of responsibilities, the revised Concordat incorporated the principle of consolidated supervision, emphasizing the joint and overlapping nature of parent and host authorities' supervisory responsibilities.This paper discusses international cooperation in the area of bankingsupervision promoted by the Basel Committee by reviewing a wide range of documents such as publications and reports of the Committee.Also, it focuses on the revision of Concordat in the aftermath of the failure of Banco Ambrosiano.
著者
後藤 浩子 Goto Hiroko
出版者
法政大学経済学部学会
雑誌
経済志林 (ISSN:00229741)
巻号頁・発行日
vol.82, no.1, pp.207-238, 2015-03

Compared with other European countries, the development of arts' institutes such as academies of arts and galleries was considerably slow in Great Britain. The Crown did not actively promote and support the arts until the late eighteenth century. Instead, voluntary clubs and societies of arts became places where connoisseurs, antiquaries, art amateurs, and artists mingled. This private-sector vitality can be seen as the British enlightenment movement on the arts scene and was to have a considerable influence on the features of the British museum. This paper shows how the enlightenment formed the British Museum and analyses the changes in purchases of collections and their backgrounds in the following three phases: Firstly, Sloane's collection and natural history; secondly, antiquarian collections and the Dilettanti; and thirdly, the Elgin collection and aesthetic controversy. In conclusion, the museum formed by the enlightenment is characterized by the three concepts of an institute of scientific and aesthetic instruction, a cultural asylum, and a device for aesthetic critique in the public sphere.
著者
大谷 禎之介
出版者
法政大学経済学部学会
雑誌
経済志林 (ISSN:00229741)
巻号頁・発行日
vol.72, no.4, pp.1-66, 2005-03

Since 1982 I have intermittently published in this Journal a series of articles, a consistent aim of which should be clear and extremely specific: that is to put Marx's manuscript for Ch. 5 of Book III of "Capital" under scrutiny. To start with, I translated the manuscript into Japanese, deciphering its complex structures. In order for my decipherment of it to be scientifically verifiable I added to the translation my own comments and annotations based on my analytical exploration of the manuscript as well as the third Volume of Engels' edition of "Capital". Marx's manuscript was published as vol. II/4.2. of the MEGA in 1993. Since then, I exploited the published version of MEGA-volume as the basis of my translation and also carried the translation of its scientific commentary. This series completed in 2002. In this article I would recapitulate the main knowledge and observations acquired through my own examinations of the construction of Ch. 5 and the contents of its respective components which nevertheless could hardly be grasped from Engels' edition. Following point, amongst many, is essential and therefore to be emphasized: By even now some researchers, almost all of who are relying on Engels' edition, think that the theoretical development in Ch. 5 except for the last historical observation consists of the first part which deals with the theory of interest-bearing capital and the second part which inquires into the credit and banking system if not comprehensively provided. But readers, if going through Marx's manuscript, could and should have become aware that the subject of the whole Ch. 5 is entirely tied to the interest-bearing capital. In the first four sections of this chapter Marx conceptually grasps the interest-bearing capital and then, having based himself on his conceptual examinations established in the previous four sections, he, in the section five, investigates the interest-bearing capital under the credit and banking system, i.e. "monied capital". Therefore the analysis of the credit and banking system itself should be interpreted as remaining totally outside "Capital", as Marx himself said at the beginning of the latter section of the manuscript: "An analysis of the credit and banking system... lies beyond our plan."
著者
渡部 亮 Watabe Ryo
出版者
法政大学経済学部学会
雑誌
経済志林 (ISSN:00229741)
巻号頁・発行日
vol.77, no.3, pp.25-57, 2010-03

A key question regarding the international financial crisis of 2007-08 is whether it was mainly due to market failure or government failure. Regarding the former, there were well-known issues which had already been encountered in previous business cycles, including debt deflation andthe manic-depressive nature of asset markets, which therefore had been widely investigated by economists. But there were also new experiences such as the combination of securitization and credit derivatives in the socalled"shadow banking system." The expansion of non-banking financial sectors coupled with the networking economy led to creation of various sources of new credit which were not adequately monitored by regulatory authorities, giving rise to a new type of systemic risk. As for governmentfailure, collusive inter-relations between bankers on one hand, and law makers and government officials on the other, encouraged financial deregulations and caused unprecedented excesses in the banking sector.