The Take-off in Japan, 1868–1900
Since I am not quite yet ready to share with Rostow his stages-of-growth theory in its entirety, it is proposed to discuss at the outset my own interpretation of what Rostow essentially appears to mean by the expression of ‘take-off’.
KeywordsCotton Textile Foreign Capital Sustained Growth Productive Investment Cotton Yarn
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- 3.G. Droppers, commenting on the government’s move for adopting the gold standard, wrote in 1896: ‘If she [Japan] succumbs to the mania for gold at the present moment when her entire economic progress is a demonstration of the blessings of silver, she will have forgotten the lessons of experience precisely at the moment when they are most apparent and of the greatest utility to her’ (The Far East, Vol. 1, No. 2, March 20, 1896, p. 21).Google Scholar
- 4.K. Ohkawa and others, The Growth Rate of the Japanese Economy since 1878, 1957, p. 21.Google Scholar
- 1.(See T. Nawa, Nihon Bosekigyo to Genmen Mondai Kenkyu, 1937, pp. 1S6–7.)Google Scholar