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Japanese post-war economic miracle
1
Transcript
The reforms
The breakup of the zaibatsu
Land reform
Labor democratization
Conclusion
Prewar experience
+
Knowledge gained from foreign countries
=
Own system
( or Japanese economic miracle)
Factors for Growth
Hard work
Use of technologies
Changing business conditions
Contents
1. History
2. Major Problems
3. The reforms
4. Economic Miracle: Factors for Growth
Political Factors for Growth
5. Conclusion
Political Factors
for Growth
Yoshida Doctrine
MITI
Japanese post-war economic miracle
Major Problems
Unemployment 13 million
The shortages of
energy and
food
Inflation
“FATHER OF MODERN
JAPANESE ECONOMY”
New technology
0% - 1945
60% - 1948
International trade
Chaos, starvation,
unemployment
- Leaving defense to the USA army
- IKEDA- Income doubling plan
(1961-1970)
Professional
managers
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