Cover of Miraculous growth and stagnation in post-war Japan

Book 2011

Miraculous growth and stagnation in post-war Japan

Publisher
Routledge
Language
English
Published
2011
  • Economic policy
  • Economic conditions
  • Economic history

Sixty-five years have passed since the end of World War II. It is timely to reflect upon this short but curious Japanese economic history, beginning with the extreme hunger and poverty in the late 1940s, followed by quick recovery and "miraculous" growth since the late 1950s, to the first oil shock in 1972, slow growth in the reset of the 1970s and 1980s, and finally almost complete stagnation over the last two decades. This book attempts to make sense of Japan's economic history for these past sixty-five years.