Miraculous Growth and Stagnation in Post-War Japan (Routledge Studies in the Modern World Economy)

By: Gustav Ranis and Keijiro Otsuka and Koichi Hamada and Ken Togo

Sign Up Now! Already a Member? Log In
You must be logged into Bookshare to access this title. Learn about membership options, or view our freely available titles.

Synopsis: This volume examines different aspects of the Japanese experience in a comparative context. There is much here of relevance to contemporary developing countries anxious to initiate the experience of miraculous growth and anxious to avoid the subsequent stagnation. Such issues of the role of government in providing the right amount of infant industry protection, the relevance of the financial system, the country’s peculiar corporate structure and the role of education in a comparative context serve to illuminate the lessons and legacies of this unique experience in development. The relationship between various dimensions of its domestic policy experience and Japan’s international experience in trade promotion and foreign aid is explored and is of special interest to an international audience of academics and policymakers.