Japanese History, Economic Policies, Economic Conditions, Asia - Politics & Government, Economic Development
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Overview
This book looks at Japan's early economic modernization to see if today's low-income countries can learn any lessons. The author focuses on education, technology policy, capital formation, the transfer of savings from agriculture to industry, state aid to the private sector, improvement engineering in the informal sector, low wages, industrial dualism, export expansion, and resistance to Western imperialism (a strategy which included acquiring its own empire) under Japan's "guided capitalism." He criticizes modernization scholars for underemphasizing the damage of imperialism and the importance of economic autonomy and technological learning, the dependency school for prescribing trade reduction and neglecting market exchange-rate policies, and world-system theorists for rejecting the possibility of global economic growth.Editorials
Booknews
Noting that the economic "miracle" of Japan after World War II has obscured the fact that it has been the world's fastest growing economy since the 1870s, Nafziger (economics, Kansas State U.) examines the features of that growth to see if any of them might help the 54 countries in Africa and Asia that have grown the least during the same period. Paper edition (unseen), $22.50. Annotation c. Book News, Inc., Portland, OR (booknews.com)Book Details
Published
February 28, 1995
Publisher
M.E. Sharpe
Pages
238
Format
Hardcover
ISBN
9781563244858