Japan after World War II: Rapid Economic Growth and Social Change

Wei-Bin Zhang

Chapter 6 in Japan versus China in the Industrial Race, 1998, pp 126-151 from Palgrave Macmillan

Abstract: Abstract As far as structural transformation is concerned, the direction of Japan’s economic path appears to have been determined after the Second World War. The post-war development was a change in direction and an upgrading of levels in a society that was already basically industrial. The formation of a national technology had already been basically finished by the 1920s. Important bases such as a sophisticated bureaucracy, skilled workers, and cultural values for modern education and discipline had been established. Moreover, the American Occupation kept Japan from the possibility of following a misoriented way to further modernisation. Social and economic chaos would occur, but within limited boundaries and without social/political revolutions. Structural bifurcation was over and Japan entered into a new socio-economic structure. The society would be characterised by millions of bifurcations and chaos in different socio-economic subsystems. Its motion is like the Yangzi river — its main course will shift once every few hundred years but its flow is constantly chaotic within a given band.

Keywords: Liberal Democratic Party; Japanese Economy; Confucian Culture; Lifetime Employment; Modern Natural Science (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-26813-9_7

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DOI: 10.1007/978-1-349-26813-9_7

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