Only where the labor unions are exceedingly weakthat is, in the private sectorare labor relations harmonious. The following is a bibliography of books used for this presentation. This economic miracle was the result of postworld war ii japan and west germany. The japanese economic miracle is known as japans record period of economic growth between the postworld war ii era to the end of the cold war. An excellent read from someone who really knows his subject and can write informatively. The words increase, growth and upswing filled with summaries of the year books from 1967 to 1971. What factors explain japan s economic success in the decades after world war 2. What factors explain japans economic success in the. The keystone for this is thesupreme commander for the allied powers name for the effective. The economic history of japan is most studied for the spectacular social and economic growth in the 1800s after the meiji restoration, when it became the first nonwestern great power, and for its expansion after the second world war, when japan recovered from devastation to become the worlds second largest economy behind the united states, and. The european economy since 1945 the new york times.
Browse the amazon editors picks for the best books of 2019, featuring our favorite. However, the quartercentury that followed is known as the most remarkable period of economic growth and social progress in europe. The decades after world war ii were a golden age across much of the world. The world economy slumped badly, then settled into the slow, erratic growth that had been the norm before the war. But instead, pentup consumer demand fueled exceptionally strong economic growth in the postwar period. The postwwii japanese economic development was a process of catchup to the other industrialized economies. Europe, which had relied on extensive growth in the 1950s and. Until the defeat of world war ii, japan has clearly become to be one of the most powerful countries both economically and militarily and its basic factors for growth had been prepared. These remarkable achievements during the postwar period provided the basis and skills for the economic miracle after the destruction in 1945. When you put it that way, its pretty impressive that japans economy didnt shrink at all in the 1990s but only stopped growing for a few years. And so it is again with his economic history of the first world war and its aftermath, the deluge.
Nationalism and the desire to catch up with the west persisted after wwii, but now the. Japanese companies kaisha went to great lengths to keep up with one. What factors explain japan s economic success in the decades after. Japans recovery is the greatest economic success story. The real story of how america became an economic superpower. During the economic boom, japan rapidly became the worlds second largest economy. What are some good books about the reconstruction of japan. The automobile industry successfully converted back to producing cars, and new industries such as aviation and electronics grew by leaps and bounds. Many americans feared that the end of world war ii and the subsequent drop in military spending might bring back the hard times of the great depression. The two books narrate the arc of american economic supremacy.
After world war ii, europe recovered largely as a result of american aid. As japans economy began to take off in the 1970s, a series of laudatory books. The postworld war ii economic expansion, also known as the golden age of capitalism and the postwar economic boom or simply the long boom, was a broad period of worldwide economic expansion beginning after world war ii and ending with. High productivity growth from before the war continued after the war and until. Insights from the economic rise of poland marcin piatkowski on. The decade following world war ii is fondly remembered as a period of economic growth and cultural stability. One foreigner after another extols japans harmonious industrial relations, but the japanese public curses the frequent wildcat strikes on the governmentowned national railways. Economic policies and corporate strategies were geared to this utmost mandate in our mindsto catchup. By the 1990s, japans demographics began stagnating and the workforce was no longer expanding as it did in the previous decades, despite perworker productivity remaining high. It had been just 20 years since the loss of the war, the world called japans high growth economy japan s miracle that allowed japanese people to make various wishes come true. Postwar japanese economic takeoff was due to a variety of factors that had to do with. This general goal was shared by all economic agents as a national consensus.
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