Japan’s Post-War Strategy for Industrial Expansion

Synonyms

Degradation of environment; Economic growth; Government leadership; Olympic games and expositions; Public investment

Definitions

Japanese government played a major role in the country’s economic growth in the post-war period.

Introduction

One of the major objectives of this section is to explore and delineate Japan’s postwar economic strategy, while it also attempts to describe several shortcomings of this grand design. The architect of Japan’s postwar growth was not leading industries in the country. The growth strategy was carefully engineered and crafted by the central government. The national government, instead of Toyota, Nissan, Toshiba, Panasonic, etc., spearheaded the country’s growth machine. It was under the leadership of the Japanese government that the major industries in Japan had been able to remain in the leading edge of the world competitions.

Against these backgrounds, this section first explains a number of methods and approaches that the central government...