JAPAN'S ECONOMIC MIRACLE
Keywords:
Japan, economic miracle, post-war recovery, technology, industrial policy, innovation, export, production, labor market, economic developmentAbstract
Japan's economic miracle means the rapid growth of Japan's economy in the middle of the 20th century and its transformation into a powerful global economic power. This article analyzes the main factors behind Japan's economic miracle, including postwar recovery, technological innovation, unique industrial policies, and innovation strategies. The article also discusses the role of the state in the development of the Japanese economy, the efficiency of the labor market, the education system, and export-oriented strategies. Japan has been an example to many developed countries with its production capacity and export orientation.
References
Krugman, P. (2018). International Economics: Theory and Policy. Pearson.
Vogel, E. F. (2006). Japan Remodeled. Brookings Institution Press.
Hoshi, T. & Kashyap, A. K. (2001). Corporate Financing and Governance in Japan. MIT Press.
Sato, M. (1999). Japan's Economic Miracle. Springer.
Yamamura, K. (2008). The Economic History of Japan: 1600–1990. Oxford University Press.
Downloads
Published
How to Cite
Issue
Section
License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.