Economics Commons^™

Coal In Modern Japanese History, Tomoki Shimanishi

Japanese Society and Culture

This study investigates the relationship between coal and the modern Japanese economy from a historical perspective. Because Japan has utilized coal since the dawn of industrialization, we focus on various aspects, such as a primary energy source, a trade good, and a substance of environmental burden.

(1) Coal was not only an export good but also the most important primary energy source for Japan’s industrialization. However, coal imports grew after WWI. After all, the amount of imported coal surpassed domestic coal production in the late 1960s. (2) In the end of the 19th century, major coal mines abandoned the butty …

Stability And Crisis Response: Comparing The U.S. And Canadian Banking Systems, Sarah E. Boslaugh

Undergraduate Research Symposium

In 2007-08, the United States experienced a banking crisis, as 5 of the 6 other G-7 countries. The exception? Canada, which experienced only a mild recession, with no bank failures or government bank bailouts. Further research reveals that while banking crises have been commonplace in the United States (8 occurred in the 19th century alone), they are essentially nonexistent in Canadian history. I find that the primary reasons for these differences in national experience lie not in the strictness of government regulation or the qualifications demanded of borrowers in the two countries, but in the differing structures of the banking …