Abstract
Japan commenced her ‘modern economic growth’ à la S. Kuznets in 1886, following an eighteen-year transition period in the wake of the Meiji Restoration in 1868.1 Japan in the pre-war period had relatively high economic growth rates: the annual growth rate of Gross National Product (GNP) in real terms for the period 1889–1938 was 3.2 per cent. With a rate of population growth of 1.1 per cent, per capitum GNP grew at 2.1 per cent.2 Pre-war growth in Japan compares favourably with the Western nations: for instance, during the period from 1900 to 1938, the average long-term rates of growth in GNP in the UK, Germany, the USA and Japan were 1.4 per cent, 2.9 per cent, 3.0 per cent and 3.8 per cent, respectively.3 This shows the success of Japan as a latecomer in industrialization.
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© 1995 Ryōshin Minami, Kwan S. Kim, Fumio Makino and Joung-hae Seo
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Minami, R., Kim, K.S., Makino, F., Seo, Jh. (1995). Japanese Experience in Technology: A Survey. In: Minami, R., Kim, K.S., Makino, F., Seo, Jh. (eds) Acquiring, Adapting and Developing Technologies. Studies in the Modern Japanese Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-23775-3_1
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DOI: https://doi.org/10.1007/978-1-349-23775-3_1
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