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Asia’s First Industrial Giant: Japan’s Strategic Pursuit

Huw McKay

Chapter Chapter 4 in The Strategic Logic of China’s Economy, 2024, pp 73-115 from Springer

Abstract: Abstract Japan was the first nation outside of Europe and its settler economies to successfully pursue a primary strategy of technological change. In terms of observed ability to sustainably raise O in the long run, post-Meiji Japan is inarguably one of the most conspicuously successful societies of the industrial era. Japan doubled its relative GDP per capita between the Meiji restoration and the onset of World War II and then quadrupled it over 40 years from the post-war trough. By doing so it was able to join the frontier economies in the strategic core of the world system, once again as the first non-European or settler society to do so, while also spending a considerable period of time as the world’s second largest national economy.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-031-47229-9_4

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DOI: 10.1007/978-3-031-47229-9_4

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