Foreign Repercussions

Jon Woronoff
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Jon Woronoff: Asian Business

Chapter 10 in Japanese Targeting, 1992, pp 240-254 from Palgrave Macmillan

Abstract: Abstract Japan’s swift, inexorable rise after the war inevitably created strains in the world economy. While economic growth was only a few per cent a year in most other countries, Japan averaged nearly 9 per cent in the 1950s and 1960s and still 3–4 per cent in the 1970s and 1980s. It was therefore expanding more rapidly than other countries, which had to make way for it. Those most directly affected were the advanced industrial economies of Europe and America, none more so than the United States.

Keywords: Machine Tool; Market Share; Foreign Firm; Industrial Policy; Foreign Company (search for similar items in EconPapers)
Date: 1992
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DOI: 10.1007/978-1-349-12561-6_10

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