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Depressions in Japan: the 1930s and the 1970s

  • Tuvia Blumenthal

Abstract

In the twentieth century Japan experienced two major depressions, one in the prewar period (the ‘great depression’) and one in the postwar period (the ‘oil crisis depression’). These two events were of great significance in Japan’s history and each of them can be regarded as a turning-point in Japan’s economic development.1

Keywords

Exchange Rate Current Account Great Depression Import Price Personal Consumption 
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Notes

  1. 4.
    Takafusa Nakamura, ‘An Economy in Search of Stable Growth: Japan since the Oil Crisis’, Journal of Japanese Studies, vol. 6, (Winter 1980), no. 1, p. 173.Google Scholar
  2. 7.
    Lawrence B. Krause and Sueo Sekiguchi, ‘Japan’s Emergence as an Economic Force’, in Krause and Sekiguchi (eds), Economic Interaction in the Pacific Basin (Brookings Institution, 1980) p. 77.Google Scholar

Copyright information

© Ronald Dore and Radha Sinha 1987

Authors and Affiliations

  • Tuvia Blumenthal

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