The Era of High-speed Growth

Download or read book The Era of High-speed Growth written by Yutaka Kōsai and published by [Tokyo] : University of Tokyo Press. This book was released on 1986 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takes a retrospective look at rapid growth in Japan, 1945-1970. Argues that economic growth was achieved not on the basis of the distinctive value customs, and behavioral style of Japanese society but rather through reliance on the market mechanism of classical capitalist theory. Rapid growth is seen as a process in which external dependence on raw materials and a high level of domestic consumption were combined with the development of exports and technical revolution in the processing industries.