Overcongestion and Revisions in Urban Planning

Kikuo Iwata

Japanese Economy, 1994, vol. 22, issue 2, 39-64

Abstract: On the back of strong economic growth following World War II, Japan became a major economic power with a GDP of one-seventh (approximately 14%) of the world's total. In 1989, Japan's population was approximately 2.4% of the world's total, and its per capita income, at 18,475, had exceeded that of the United States (16,703). There are some problems in making international comparisons based on foreign exchange conversions, but it is a fact that globally and historically speaking, modern Japan is a wealthy nation. In spite of this, most Japanese do not feel that their lifestyle is affluent.

Date: 1994
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DOI: 10.2753/JES1097-203X220239

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