2 edition of problem of Japanese trade expansion in the post-war situation found in the catalog.
problem of Japanese trade expansion in the post-war situation
Miriam Southwell Farley
by International Secretariat, Institute of Pacific Relations in New York
Written in English
|Statement||by Miriam S. Farley ...|
|Series||I.P.R. inquiry series|
|LC Classifications||HF3826 .F3 1940|
|The Physical Object|
|Pagination||xii, 93 p.|
|Number of Pages||93|
|LC Control Number||40005888|
legislation to raise the limit on the Bank of Japan's issuance of bank notes by over eight times. The concomitant drop in the value of the yen led to a boom in Japanese exports even while the rest of the world's trade contracted. In fact, the mids was one of the few times in the pre-war modern era when Japan had a favorable trade balance. Japan's economy was the envy of the world in the s—it grew at an average annual rate (as measured by GDP) of % in the s, compared to % in the United States (according to the.
The reconstruction of Japan's economy, as the volume's compiler Saburo Okita points out, was essentially a process of transition from a managed economy to a market economy. The story of this process, which began with the report in this volume, will be an instructive one for both historians and policymakers in countries undergoing the same 5/5(1). The most troublesome problems between Japan and the United States remain those in the economic area. The Japanese textile industry has said it would put into effect July 1 its program of self.
Japan was a major beneficiary of the swift growth attained by the postwar world economy under the principles of free trade advanced by the International Monetary Fund and the General Agreement on. The economic history of Japan is most studied for the spectacular social and economic growth in the s after the Meiji Restoration, when it became the first non-Western great power, and for its expansion after the Second World War, when Japan recovered from devastation to become the world's second largest economy behind the United States, and from behind China as .
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During the years immediately preceding the outbreak of the Sino-Japanese war the question of Japanese trade expansion emerged as an increasingly prominent and disturbing factor in international relations.
Problem of Japanese trade expansion in the post-war situation. New York, International Secretariat, Institute of Pacific Relations, (OCoLC) Document Type: Book: All Authors / Contributors: Miriam Southwell Farley.
Additional Physical Format: Online version: Farley, Miriam Southwell. Problem of Japanese trade expansion in the post-war situation.
New York: International Secretariat, Institute of Pacific Relations, Another serious problem was Japan's growing trade surplus, which reached record heights. The United States pressured Japan to remedy the imbalance, demanding that Tokyo raise the value of the yen and open its markets further to facilitate more imports from the United States.
The annualized rate of percent was down from the previous quarter but still higher than expected. Trade wars, uncertain global prospects and a. Winner of the Pulitzer Prize, the National Book Award for Nonfiction, finalist for the Lionel Gelber Prize and the Kiriyama Pacific Rim Book Prize, Embracing Defeat is John W.
Dower's brilliant examination of Japan in the immediate, shattering aftermath of World War II. Drawing on a vast range of Japanese sources and illustrated with dozens of astonishing documentary Cited by: First, Japan needs to watch out for the consequences of the trade war on its vehicle exports.
Currently, most of the U.S. trade actions. GLOBALIZATION AND SOCIAL CHANGE IN CONTEMPORARY JAPAN, edited by J.S. Eades, Tom Gill and Harumi Befu. Trans Pacific Press, Melbourne, pp., 3, B) Japanese products were not barred from the U.S. market. C) Restrictions imposed on Japanese defense spending enabled them to channel much of their GNP into economic development.
D) Abundant reserves of oil and gas fueled postwar industrialization. E) Cheap labor costs and a compliant workforce made Japanese industry very competitive. Trade problems include lack of diversification of economies, unstable export markets, declining terms of trade over time, and lack of access to markets of advanced countries.
When cartel members agree to restrict output to increase the price of their product, a single member of the cartel has an economic incentive to violate the agreement by. Although the military and geopolitical relevance of World War I to Japan must be considered limited, its economic impact was considerable.
In sharp contrast to the prewar deficit years, Japan saw its external trade expand rapidly. This article describes how the country’s establishment reacted to this shift.
In addition to lending to several allies, it also engaged in the politically. Japan’s post-war development, the potential threat of global competition provided sufficient incentives for productivity growth as Japanese industries looked for export markets.
On the other hand, investments in non-tradable sectors were not sufficiently funded. As a result, development of non-tradable sectors lagged Size: 2MB.
Post-occupation Japan is the period in Japanese history which started after the Allied occupation of Japan that ended in Japan has established itself as a global economic and political power.
Even though after the war, Japan was led by an American written Constitution, they were still able to exert a stance. Many Americans feared that the end of World War II and the subsequent drop in military spending might bring back the hard times of the Great Depression.
But instead, pent-up consumer demand fueled exceptionally strong economic growth in the post-war period. The automobile industry successfully converted back to producing cars, and new industries such Author: Mike Moffatt.
The high-growth era was characterized by noteworthy stability in Japanese politics and patterns of policymaking. Inthe two major conservative parties in Japan merged to form the Liberal Democratic Party (LDP), an entity often accused by its detractors of being neither very liberal nor very democratic.
Crafting a political dynasty based on strong support in the countryside. JAPAN'S TERRITORIAL EXPANSION IN EAST ASIA A number of factors had brought about a political situation favourable to Japan's militarists on this occasion.
The need to defend Japan against the threat of foreign military power had always been a high priority of the Meiji imperial government, and it viewed the continuing political.
• The expansion of international trade and a functioning payments system were recognized as two critical factors for development in the post-Second. Japan - Japan - The opening of Japan: Inwhen Abe Masahiro replaced Mizuno Tadakuni as head of the rōjū, there were various reactions against the Tempō reforms.
Reaction against domestic reform was comparatively calm, however, and the major stumbling block facing the bakufu was the foreign problem.
The Netherlands, the only European power trading with Japan. Another characteristic of Japan's environmental destruction during the post-war period is the concentration in limited land areas of manufacturing plants much larger in scale than similar factories found in Western countries.
Another serious problem was Japan's growing trade surplus, which reached record heights. The United States pressured Japan to remedy the imbalance, demanding that Tokyo raise the value of the yen and open its markets further to facilitate more imports from the United States.
Soviet Union [ edit ]. The Japanese economic miracle is known as Japan's record period of economic growth between the post-World War II era to the end of the Cold War. During the economic boom, Japan rapidly became the world's second largest economy.
By the s, Japan's demographics began stagnating and the workforce was no longer expanding as it did in the .Japan’s military expansion. Japan’s thrust to imperial expansion was inflamed by the growing instability of the geopolitical and international trade regime of the later s and early s.
The relative decline of the United Kingdom as an economic power doomed a gold standard regime tied to the British pound.Editor's Note: This article was originally written for Japan Society's previous site for educators, "Journey through Japan," in Postwar Japan – here defined as the period between the end of the Allied Occupation of Japan in and the death of the Showa Emperor (Hirohito) in – was a period of extraordinary change in Japan.