What Makes Japan's Economic Growth Rate High?

Hisao Kanamori

Japanese Economy, 1972, vol. 1, issue 1, 31-48

Abstract: Japan's rate of economic growth has been slightly over 10% per annum from 1955 to 1968, as against less than 5% in Western Europe and the United States. Why such a difference? Why such a high rate of growth in Japan? Many answers have been given, which I think can be classified roughly into three schools.

Date: 1972
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DOI: 10.2753/JES1097-203X010131

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