Japan: Super Economic Power
Synopsis
Japan has emerged virtually as a super economic power. Perhaps next to the United States, it has become a most powerful factor in the global economy. It achieved her national objective of catching up with the West in economic development by the seventies. It is during the last two to three decades that it has begun to play an important role in shaping the international economic order. This naturally has created certain frictions between Japan and the United States. Since the centre of gravity, both in geopolitical and geoeconomic terms, has already shifted to the Asia-Pacific region, it is relevant to examine how in the post Second World War period Japan has touched new heights of economic development. This book has undertaken precisely this study. The merit of this book is that it has critically examined the dynamics of Japan’s growth by looking at the problem, in terms of internal factors. This entire study is based on the research work of the Japanese scholars themselves. This study shows that while Japan has modernized its economy, it has not followed the Western model. It will therefore not be incorrect to say that Japan has evolved its own model of economic development. The major purpose of this study is to evaluate critically the various social and economic factors which have enabled Japan to become a global economic power.
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Bibliographic information
K.V.S. Rama Sarma