Capital accumulation and its features in postwar Japan.
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Capital accumulation and its features in postwar Japan.

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Published by Science Council of Japan, Division of Economics, Commerce & Business Administration in Tokyo .
Written in English

Subjects:

Places:

  • Japan.

Subjects:

  • Saving and investment -- Japan.

Book details:

Edition Notes

SeriesThe Science Council of Japan. Division of Economics, Commerce & Business Administration. Economic series,, no. 35
Classifications
LC ClassificationsHG5772 .M6
The Physical Object
Pagination41 p.
Number of Pages41
ID Numbers
Open LibraryOL6006654M
LC Control Number66056754
OCLC/WorldCa6019715

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While this is a very short book it is also very good. I say that because I was there for part of this story. My Dad was an officer in the Occupation Forces in Japan from and my mother and I lived with him there from March until late /5(10). As the title implies, this book was intended to provide the viewpoint to overview postwar Japan as an entity, upto 80s. 3. The subjects, covered in this fat book ( pages), vary from economy, mass culture, urban lifestyle to political practice.4/4(1). Japan has increasingly shifted some of its industries overseas through outsourcing and has made massive capital investments abroad, especially in the United States and the Pacific Rim. With the recession of , the closing of manufacturing plants in Japan accelerated, as did the opening of plants abroad, particularly in China, but the economy remains export-driven. The initial postwar success of Japan's political economy has given way to periods of crisis and reform. This book follows this story up to the present day. Estevez-Abe shows how the current electoral system renders obsolete the old form of social protection.

This book explains how postwar Japan managed to achieve a highly egalitarian form of capitalism despite meager social spending. Estevez-Abe develops an institutional, rational-choice model to Author: Margarita Estévez-Abe. Downloadable! We empirically examine the relationship between capital accumulation and vintage as well as the productivity of industries in Japan from to Based on the empirical analyses, we confirmed that vintage exerted a significant influence on the productivity during the period of economic expansion, particularly during the economic upturn that started in , where strong.   Japan's catapult to world economic power has inspired many studies by social scientists, but few have looked at the 45 years of postwar Japan through the lens of history. The contributors to this book seek to offer such a view. As they examine three related themes of postwar history, the authors describe an ongoing historical process marked by unexpected changes, such as Japan's . World War II ruined Japan’s economy, killing millions of its people and destroying about 40 percent of its capital stock. With so much of Japan’s capital stock gone, the rate of return on capital was high, and so people had a strong incentive to invest and accumulate more capital. Naturally, this .

“Japan’s High -Growth Postwar Period: The Role of Economic Plans” 4. specific or aimed industry. In particular, capital crunch was a major problem. 4 so that MITI and other government authortieis funded the required capital to industries of high Size: 1MB.   After World War II had ended, Japan was devastated. All the large cities (with the exception of Kyoto), the industries and the transportation networks were severely damaged. A severe shortage of food continued for several years. The occupation of Japan by the Allied Powers started in August and ended in April General MacArthur was its first Supreme Commander. Mark Metzler, Capital as Will and Imagination: Schumpeter?s Guide to the Postwar Japanese Miracle. Ithaca, NY: Cornell University Press, xvii + pp. $50 (hardcover), ISBN: Reviewed for by Carl Mosk, Department of Economics, University of Victoria. Capital accumulation is the dynamic that motivates the pursuit of profit, involving the investment of money or any financial asset with the goal of increasing the initial monetary value of said asset as a financial return whether in the form of profit, rent, interest, royalties or capital gains. The aim of capital accumulation is to create new fixed and working capitals, broaden and modernize the existing ones, .