The Impact of the Great Depression: The Japan Spinners Association, 1927–1936

  • W. Miles FletcherIII

Abstract

This chapter examines the impact of the Great Depression on business-state relations in Japan through a case study of the cotton textile industry. A common perception holds that the challenges of the Great Depression ushered in the era of state control of the Japanese economy. The experience of the cotton-spinning industry, however, suggests a different result. In fact, the challenges that executives overcame in the late 1920s and early 1930s bolstered their confidence in the efficacy of industrial self-governance and strengthened their conviction in the need for autonomy from the state. The most vexing issue became overseas trade barriers, a problem that first appeared in the 1920s.

Keywords

Depression Shipping Flare Defend Dick 

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Notes

  1. 1.
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    Gao, Economic Ideology, p. 72. Although the author does not state whether the cited figures for GNP and exports are nominal or real, they approximate the nominal figures given in Dick K. Nanto and Shinji Takagi, “Korekiyo Takahashi and Japan’s Recovery from the Great Depression,” The American Economic Review 1985, 75: 369–374, pp. 369 and 371.Google Scholar
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© W. Miles Fletcher III 2005

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  • W. Miles FletcherIII

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