Japanese Economy

What were some characteristics of the Japanese scotch takeoff from the 1950s to the eighties ? Did any of these characteristics likewise come to hinder Japanese frugal development ? Why or why notJapan is the world s nuclear number 16 largest parsimony . Much of this reaping is attributable to the perriod after the min world war and the late 80 s . Regardless of this it is all-important(a) however to note that Japan s economic record dates jiffy to the 16th century , through interactions with the europeansJapan just deal well-nigh of east and south asia had had a remarkable growth inwardly a few decades commonly reffered to as the Asian economic miracle Among ather impudently industrialised nations on this side of the chunk let in taiwan south korea , indonesia , malysia , and singapore . approximately of these sta tes bear the similar characteristics for economic and industrial growth handle japan these characteristics include the followingFirstly the adoption of export driven rescue .

After the second world war about 40 percent of Japanese industrial production was damaged . This caused japan to build new , more efficient factories . This enabled japanese factories and their kindle to have a competitive advantage over approximately european countries . This gave the economy an export advantage that was crucial to the countries industrial advantageSecondly there was hard giving medication involvement in the industrial p rocess . The government chanelled lots of fu! nds both from local institutions or from unconnected currency into the industries . This aspect also promoted industrial expansion to a great extent . increase government regulation on...If you emergency to get a rise essay, order it on our website: OrderCustomPaper.com

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