Choice of Techniques: Japan’S Experience and its Implication

Saburo Okita
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Saburo Okita: Economic Planning Agency

Chapter Chapter 11 in Economic Development with Special Reference to East Asia, 1964, pp 376-385 from Palgrave Macmillan

Abstract: Abstract The transformation from a stagnant economy to a dynamically developing one is the task confronting every under-developed country. The ‘choice of techniques’ plays a very important role both in attaining this transformation with the least pains and sacrifice and in getting to the state of autonomous development in the shortest possible time.

Keywords: Foreign Exchange; Heavy Industry; Small Enterprise; Repair Shop; Capital Intensity (search for similar items in EconPapers)
Date: 1964
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-00074-6_16

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DOI: 10.1007/978-1-349-00074-6_16

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