By Hirohisa Kohama
Established into sub-sector by way of sub-sector analyses, this e-book offers a transparent and obtainable exam of commercial improvement, with no over-generalizing or being weighed down via ancient information. Written via an expert within the zone of improvement economics it explores the corporations and the contributors that experience driven Japan's financial system forwards. Kohama situates the ‘miraculous development’ of the japanese economic climate within the Sixties within the alternate liberalization coverage of 1960 and the source of revenue doubling plan that began in 1961, but additionally analyzes the pre-war buildings that have been in position to facilitate any such 'miracle.' Combining coverage research with empirical industry-specific research, he argues that personal dynamism used to be the genuine driving force of switch, instead of coverage by myself. Reviewing the macroeconomic improvement of the economic system yet targeting the advance of the commercial sub-sectors that ruled Japan’s business scene at a variety of phases of improvement and structural adjustments that occurred within the strategy of commercial improvement, this booklet is perfect analyzing for graduate scholars taking classes on monetary improvement.
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Extra resources for Industrial Development in Postwar Japan (Routledge Explorations in Economic History)
Nakamura 1985, 1992; Nakazawa 1998; Seki 1993; Shinohara 1976). Because this book works within the framework of development economics to analyze the development of Japanese industry in the postwar era, I limit my focus to the role of SMEs in the processes of economic development. Development economics frequently uses concepts of dualism and dual structure, usually referring to the coexistence of modern and pre-modern elements within one economic system. Sometimes this concept refers to the coexistence of industry and agriculture as the modern and pre-modern elements, but it may also refer to studies of the relationship between modern and pre-modern elements within the industrial sectors.
As in the case of the apparel industry, 97 percent of the automobile parts manufacturing companies are SMEs. Even in terms of numbers of employees, one-third of car parts manufacturers are SMEs, and parts manufacturers of this size produced 23–27 percent of the total shipped value and value added. In contrast to the apparel industry, the number of establishments that have more than 1,000 employees in the automobile parts manufacturing industry is high, even though these establishments represent approximately 30 percent of the total shipped value and value added.
29. Economic development as structural change 31 Long Term Credit Bank has gone bankrupt, and after another two or three years, hardly any of the past greats in Japanese banking will remain on the list. Let us examine the high-tech industry. In Japan, the leading industry had been the machine industry. In connection with this fact, Ohkawa and I argued that high-tech industries were leading Japanese economy (Ohkawa and Kohama 1989, chapter 8). Although the debate itself was not in error, I believe that the terms of the debate have not been completely understood.
Industrial Development in Postwar Japan (Routledge Explorations in Economic History) by Hirohisa Kohama