Japan’s Industrial Development, 1868–1939: Lessons for Sub-Saharan Africa
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Japan, whose 1868 level of economic development was only slightly more than other Afro-Asian countries, has had the world’s fastest growth in real GNP per capita since then (Nafziger, 1990, pp. 46–7), or second fastest to Sweden if computed through the early 1950s. Africa and Asia are ‘looking East’ to learn development lessons from the major non-Western industrialized country, Japan. With recent US slow growth, ‘modernization’ theorists have emphasized capitalist Japan as an alternative model to the socialist approach.
KeywordsCotton Textile Adjustment Program Small Industry Foreign Expert Export Expansion
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