SOCIO – ECONOMIC DRIVERS OF JAPAN’S DEVELOPMENTIN POST-WAR ERA

Andreea Dragoi and Nicoleta Cristina Bȃlgăr ()
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Nicoleta Cristina Bȃlgăr: Center for European Studies Institute for World Economy, Romanian Academy Bucharest

Romanian Economic Business Review, 2015, vol. 10, issue 4, 147-158

Abstract: The impact of Japan's post-war evolution on the modern world is significant. Although the country has not a large territory and it is affected by demographic challenges related to an aging population, being also exposed to high risk of occurrence of natural disasters, it is still a global economic force and an example of successfully overcoming the economic crises. Our research proposes a brief analysis of the main drivers of Japanese economic development in post-war era following the main theoretical approaches. The analysis that we propose is focused on explaining the specific economic context of Japan, in the post-war years, the causes of so called “Japanese miracle” and the controversial theory of “Japan’s lost decades”. Finally, our analytical approach aims to highlight if and how the experience of Japanese economy is relevant for the current economic context, especially for EU economies.

Keywords: post-war economic development; “Japanese miracle”; “Lost Decades”; economic crisis (search for similar items in EconPapers)
Date: 2015
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