Abstract
Why was Japan able to sustain rapid economic growth for nearly 20 years? There is no single reason. Various factors, ranging from general background to economic policies, have been analyzed. This chapter deals with Japan’s general background, government policies, and some reasons for the rapid economic growth. For the government policy, we examine macroeconomic planning of the Economic Planning Agency (EPA), the industrial policy carried by the Ministry of International Trade and Industry (MITI), and last, foreign economic policy.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
Gakkai, S. (1995). Sengo Nihon Sangyoshi [Postwar Japanese History of Industry]. Tokyo: Toyo Keizai Shinpo-sha.
Hsu, R.C. (1999). The MIT Encyclopedia of the Japanese Economy, 2nd ed. Cambrigde, MA: The MIT Press.
Ito, T (1992). The Japanese Economy. Cambridge, MA: The MIT Press.
Keynes, J.M. (1936). The General Theory of Employment, Interest and Money. London: Macmillan.
Tanaka, K. (1972). Nihon Retto Kaizoron [A Plan for Remodeling the Japanese Archipelago]. Tokyo: Nikkan Kogyo Shinbun-sha.
Robinson, J. (1960). The Theory of Distribution. In Robinson, J. Collected Economic Papers (Vol. 2) (pp. 145–158). Oxford: Basil Blackwell.
Morita, M. (1961). Shihon Chikuseki to Kokka no Shisaku [Capital Accumulation and National Policy]. In Shigeru, A. (ed.), Gendai Nihon no Shihon Chikuseki [Capital Accumulation in Modern Japan]. Tokyo: University of Tokyo Press.
Kokumin-sha, J. (ed.) (1976). Gendai Yougo no Kiso Chishiki [Basic Knowledge of Modern Terminology]. Tokyo: Jiyu Kokumin-sha.
Nakamura, T. (1995). The Postwar Japanese Economy: Its Development and Structure, 2nd ed. Tokyo: University of Tokyo Press. Japanese original edition (1993), Nihon Keizai: Sono Seicho to Kozo, 2nd ed. Tokyo: University of Tokyo Press.
Japan Statistical Association (2006). Historical Statistics of Japan, New Edition, Vol. 1–5. Tokyo: Japan Statistical Association.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2010 Springer Science+Business Media, LLC
About this chapter
Cite this chapter
Iyoda, M. (2010). Rapid Economic Growth. In: Postwar Japanese Economy. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-6332-1_4
Download citation
DOI: https://doi.org/10.1007/978-1-4419-6332-1_4
Published:
Publisher Name: Springer, New York, NY
Print ISBN: 978-1-4419-6331-4
Online ISBN: 978-1-4419-6332-1
eBook Packages: Business and EconomicsEconomics and Finance (R0)