Economics at your fingertips  

The Japanese Economy: The Capacity to Transform and Restructure

Chikashi Moriguchi

Japanese Economy, 1990, vol. 18, issue 3, 3-34

Abstract: It is frequently said that the Japanese economy has a strong capacity to transform itself. The capacity to transform is the ability to convert rapidly. "Convertibility" is the ability to adapt quickly to a rapidly changing environment. The history of Japanese modernization is a history of adaptation. From the policy of "a prosperous country and a strong military force," adopted at the time of the decision to open up the country to foreign commerce, made at the end of the Tokugawa period, to the policies of economic democratization under the Peace Constitution that followed World War II, the country itself was at stake in each period of adaptation. These were changes that involved the whole of society and that contained many factors not limited to just the economic sphere. However, I will limit the following discussion to those factors having a direct connection to the capacity of the Japanese economy to transform itself.

Date: 1990
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Japanese Economy from Taylor & Francis Journals
Series data maintained by Chris Longhurst ().

Page updated 2018-01-04
Handle: RePEc:mes:jpneco:v:18:y:1990:i:3:p:3-34