Economic Policy in Postwar Japan

Economic Policy in Postwar Japan

Author: Kozo Yamamura

Publisher: Univ of California Press

Published: 2022-04-29

Total Pages: 244

ISBN-13: 0520307186

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Since the end of the Pacific War, Japan has, broadly speaking, pursued two economic policies: a "democratization" policy laid down by the Allied Powers, and subsequently a "de-democratization" policy formulated and vigorously pursued by the independent government. Yamamura here addresses himself to two central questions: What were the objectives and results of each policy? And why and how did the earlier one give way to the later? Yamamura never loses sight of his main theme--the transformation of the economic "democratization" policy of the Occupation period into the growth policy pursued by the Japanese government thereafter. He is concerned not so much to provide a comprehensive study of Japanese economic policy as to examine selected facets of it--for example, taxation policies, anti- and pro-monopoly legislation, the position of the Zaibatsu, and the social costs of economic concentration. He deals with topics that are hotly debated in Japan and elsewhere, but his tone is never polemical, and his judgments are cool and scholarly. This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1967.


Postwar Japanese Economy

Postwar Japanese Economy

Author: Mitsuhiko Iyoda

Publisher: Springer Science & Business Media

Published: 2010-08-05

Total Pages: 167

ISBN-13: 1441963324

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Since the end of World War II, the Japanese economy has seen rapid changes and remarkable progress. It has also experienced a bubble economy and period of prolonged stagnation. The book seeks to address three major questions: What kind of changes have taken place in the postwar years? In what sense has there been progress? What lessons can be drawn from the experiences? The book is organized as follows: It begins with an overview of the postwar Japanese economy, using data to highlight historical changes. The four major economic issues in the postwar Japanese economy (economic restoration, rapid economic growth, the bubble economy and current topics) are addressed, with particular focus on the meaning of economic growth and the bubble economy. The next chapters examine the important economic issues for Japan related to a welfare-oriented society, including income distribution, asset distribution, and the relative share of income. Another chapter deals with the household structure of Japan, the pension issue, and the importance of the effect of demographic change on income distribution. The final chapter gives a brief summary, examines quality of life as a lesson of this research, and briefly outlines a proposal for a basic design towards achieving a high satisfaction level society. This book will be of interest to economists, economic historians and political scientists and would be useful as a text for any course on the Japanese economy.


Fueling Growth

Fueling Growth

Author: Laura Elizabeth Hein

Publisher: Harvard Univ Asia Center

Published: 1990

Total Pages: 454

ISBN-13: 9780674326804

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Hein (Japanese history, Northwestern U.) examines post-WWII economic development in Japan through the prism of the energy sector. Energy, always a key problem for Japan, is an appropriate angle from which to view the changing economy and the development of economic policy during the Occupation years and after. Annotation copyrighted by Book News, Inc., Portland, OR


Welfare and Capitalism in Postwar Japan

Welfare and Capitalism in Postwar Japan

Author: Margarita Estevez-Abe

Publisher: Cambridge University Press

Published: 2008-07-21

Total Pages: 344

ISBN-13: 1139471929

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This book explains how postwar Japan managed to achieve a highly egalitarian form of capitalism despite meager social spending. Estevez-Abe develops an institutional, rational-choice model to solve this puzzle. She shows how Japan's electoral system generated incentives that led political actors to protect various groups that lost out in market competition. She explains how Japan's postwar welfare state relied upon various alternatives to orthodox social spending programs. The initial postwar success of Japan's political economy has given way to periods of crisis and reform. This book follows this story up to the present day. Estevez-Abe shows how the current electoral system renders obsolete the old form of social protection. She argues that institutionally Japan now resembles Britain and predicts that Japan's welfare system will also come to resemble Britain's. Japan thus faces a more market-oriented society and less equality.


The Growth Idea

The Growth Idea

Author: Scott O'Bryan

Publisher: University of Hawaii Press

Published: 2009-08-26

Total Pages: 282

ISBN-13: 0824837568

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Our narratives of postwar Japan have long been cast in terms almost synonymous with the story of rapid economic growth. Scott O’Bryan reinterprets this seemingly familiar history through an innovative exploration, not of the anatomy of growth itself, but of the history of growth as a set of discourses by which Japanese "growth performance" as "economic miracle" came to be articulated. The premise of his work is simple: To our understandings of the material changes that took place in Japan during the second half of the twentieth century we must also add perspectives that account for growth as a new idea around the world, one that emerged alongside rapid economic expansion in postwar Japan and underwrote the modes by which it was imagined, forecast, pursued, and regulated. In an accessible, lively style, O’Bryan traces the history of growth as an object of social scientific knowledge and as a new analytical paradigm that came to govern the terms by which Japanese understood their national purposes and imagined a newly materialist vision of social and individual prosperity. Several intersecting obsessions worked together after the war to create an agenda of social reform through rapid macroeconomic increase. Epistemological developments within social science provided the conceptual instruments by which technocrats gave birth to a shared lexicon of growth. Meanwhile, reformers combined prewar Marxist critiques with new modes of macroeconomic understanding to mobilize long-standing fears of overpopulation and "backwardness" and argue for a growthist vision of national reformation. O’Bryan also presents surprising accounts of the key role played by the ideal of full employment in national conceptions of recovery and of a new valorization of consumption in the postwar world that was taking shape. Both of these, he argues, formed critical components in a constellation of ideas that even in the context of relative poverty and uncertainty coalesced into a powerful vision of a materially prosperous future. Even as Japan became the premier icon of the growthist ideal, neither the faith in rapid growth as a prescription for national reform nor the ascendancy of social scientific epistemologies that provided its technical support was unique to Japanese experience. The Growth Idea thus helps to historicize a concept of never-ending growth that continues to undergird our most basic beliefs about the success of nations and the operations of the global economy. It is a particularly timely contribution given current imperatives to reconceive ideas of purpose and prosperity in an age of resource depletion and global warming.


Postwar Japan as History

Postwar Japan as History

Author: Andrew Gordon

Publisher: Univ of California Press

Published: 1993-10-20

Total Pages: 514

ISBN-13: 9780520074750

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As they examine three related themes of postwar history, the authors describe an ongoing historical process marked by unexpected changes, such as Japan's extraordinary economic growth, and unanticipated continuities, such as the endurance of conservative rule. --From publisher's description.


America and the Japanese Miracle

America and the Japanese Miracle

Author: Aaron Forsberg

Publisher: Univ of North Carolina Press

Published: 2003-06-19

Total Pages: 353

ISBN-13: 0807860662

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In this book, Aaron Forsberg presents an arresting account of Japan's postwar economic resurgence in a world polarized by the Cold War. His fresh interpretation highlights the many connections between Japan's economic revival and changes that occurred in the wider world during the 1950s. Drawing on a wealth of recently released American, British, and Japanese archival records, Forsberg demonstrates that American Cold War strategy and the U.S. commitment to liberal trade played a central role in promoting Japanese economic welfare and in forging the economic relationship between Japan and the United States. The price of economic opportunity and interdependence, however, was a strong undercurrent of mutual frustration, as patterns of conflict and compromise over trade, investment, and relations with China continued to characterize the postwar U.S.-Japanese relationship. Forsberg's emphasis on the dynamic interaction of Cold War strategy, the business environment, and Japanese development challenges "revisionist" interpretations of Japan's success. In exploring the complex origins of the U.S.-led international economy that has outlasted the Cold War, Forsberg refutes the claim that the U.S. government sacrificed American commercial interests in favor of its military partnership with Japan.


Japan Transformed

Japan Transformed

Author: Frances Rosenbluth

Publisher: Princeton University Press

Published: 2010-04-12

Total Pages: 263

ISBN-13: 1400835097

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With little domestic fanfare and even less attention internationally, Japan has been reinventing itself since the 1990s, dramatically changing its political economy, from one managed by regulations to one with a neoliberal orientation. Rebuilding from the economic misfortunes of its recent past, the country retains a formidable economy and its political system is healthier than at any time in its history. Japan Transformed explores the historical, political, and economic forces that led to the country's recent evolution, and looks at the consequences for Japan's citizens and global neighbors. The book examines Japanese history, illustrating the country's multiple transformations over the centuries, and then focuses on the critical and inexorable advance of economic globalization. It describes how global economic integration and urbanization destabilized Japan's postwar policy coalition, undercut the ruling Liberal Democratic Party's ability to buy votes, and paved the way for new electoral rules that emphasized competing visions of the public good. In contrast to the previous system that pitted candidates from the same party against each other, the new rules tether policymaking to the vast swath of voters in the middle of the political spectrum. Regardless of ruling party, Japan's politics, economics, and foreign policy are on a neoliberal path. Japan Transformed combines broad context and comparative analysis to provide an accurate understanding of Japan's past, present, and future.


The Postwar Japanese System

The Postwar Japanese System

Author: William K. Tabb

Publisher: Oxford University Press

Published: 1995-04-20

Total Pages: 423

ISBN-13: 0195358295

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While other industrialized and developing countries look towards Japan as an economic model, the political, cultural, and social arrangements that have so far allowed Japan to succeed are eroding. In particular, Japan faces a system of industrial relations that places great strain on all of Japanese society. In The Postwar Japanese System, William Tabb distinguishes between those aspects of Japanese success that can and cannot be transferred successfully to help in the revitalization of the American economy. The author discusses Japanese economic history from before the Meiji Restoration to the present, and looks at Japanese politics, state-corporate relations, the labor relations system in Japan and the nature of work as experienced by Japanese employees. He examines the organization of the Japanese corporation versus the American corporation, industrial policy, education, urban and regional reorganization, and Japan's role in the world today (and tomorrow). And, Tabb thoughtfully explores the fundamental social, political, and economic transitions the Japanese are currently experiencing. The Postwar Japanese System succeeds in placing the economic "miracle" in its proper social and political framework. A broad, intelligent overview of the Japanese political economy, the book suggests important implications for the United States in the story of Japan's prosperity and current distress. It will be a key resource for all those interested in Japanese society.


Postwar Japan

Postwar Japan

Author: Michael J. Green

Publisher: Rowman & Littlefield

Published: 2017-02-02

Total Pages: 240

ISBN-13: 1442279753

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Japanese security, economic, institutional, and developmental policies have undergone a remarkable evolution in the 70 years since the end of World War II. In this volume, distinguished Japanese scholars reflect on the evolution of these policies and draw lessons for the coming decades. The pillars of Japan’s reentry into the international community since 1945 remain no less important seven decades later as Japan’s economy and society enter the next phase of maturity. The authors demonstrate the continuing viability of Japan’s postwar strategic choices, as well as the inevitability of adaptation to challenging new circumstances. This book will be of interest to historians of U.S.-Japan relations and policy makers seeking to place today’s policy issues in a historical context. Contributions by Akiko Imai, Akiko Fukushima, Jun Saito, Kazuya Sakamoto, Yoshihide Soeya, and Yoko Takeda