Abstract
The modern economic growth of Japan since the time of the Meiji Restoration in 1868 presented a new challenge to the Western world. Over the past 150 years she has demonstrated that successful performance in economic and political development of a non-Western nation is possible. Moreover, Japan has risen from the poverty-stricken feudal conditions in the Edo period to the prosperous modern or post-industrial society in only several generations.1
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References
Simon Kuznets offered the quoted table in his Economic Growth of Nations, The Belknap Press of Harvard University Press, Cambridge, Mass. 1971. He demonstrated this first in his Modern Economic Growth, 1966. With more solid empirical studies offered by the long-term statistics of the Japanese Economy compiled by a group of Japanese economists under the leadership of the late professor Kazushi Ohkawa, Hitotsubashi University then, he improved the information. As for Ohkawa’s work, see his contribution. “The Japanese Experiences since the Meiji Era,” in Economic Growth, edited by L.R. Klein and K. Ohkawa, Richard Irwin, Homewood, 111., 1968.
except for the opinions to criticize the occupation policies.
The Japanese government’s Economic Stabilization Board reported about the war damage in February, 1959: Overall Report of Our Nation’s War Damage during the Pacific War. According to the report, 34.3% of productive machinery was lost, 21.6% of private households’ properties were lost and so on. Approximately, one quarter of Total National Wealth was lost, and it concluded that the level of National Wealth per capita was at the level of Japan in 1935.
The World Bank Development Report, 1997 contains the information about the land, water and other resources in all member countries.
See K. S. Liang and T.H. Lee, “Process and Pattern of Economic Development in Taiwan,” in The Economic Development of East and Southeast Asia, edited by S. Ichimura, University Press of Hawaii, 1975 and T H. Lee, Agriculture and Economic Development in Taiwan, Vol. I and II, Taipei, 1983
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© 1998 Springer Japan
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Ichimura, S. (1998). Political Economy of Japanese and Asian Development. In: Political Economy of Japanese and Asian Development. Springer, Tokyo. https://doi.org/10.1007/978-4-431-66962-3_1
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DOI: https://doi.org/10.1007/978-4-431-66962-3_1
Publisher Name: Springer, Tokyo
Print ISBN: 978-4-431-70227-6
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