Japan's Model of Economic Development: Relevant and Nonrelevant Elements for Developing Economies

Fukunari Kimura

No RP2009-22, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Japan was the first non-western country to accomplish successful industrialization, and the dominant perception of its 'industrial policy' had over-emphasized specific characteristics of Japan. However, from the perspective of today's development thinking, Japan's economic history shared a wide range of common factors in usual economic development: macroeconomic stability, human resource development, and economic infrastructure.

Keywords: Commercial policy; Economic development; Industrial policy; Industrialization; Infrastructure (Economics); Macroeconomics (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-dev, nep-his and nep-mac
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Citations: View citations in EconPapers (3)

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