Japanese Economic Development: Theory and practice, 3rd Edition (Paperback) book cover

Japanese Economic Development

Theory and practice, 3rd Edition

By Penny Francks


282 pages | 4 B/W Illus.

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pub: 2015-05-15
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This fully revised and updated third edition of Japanese Economic Development looks at Japan's economic history from the nineteenth century through to World War II, recasting analysis of Japan’s economic past in the light fresh theoretical perspectives in the study of economic history and development.

Francks draws out the historical roots of the institutions and practices on which Japan's post-war economic miracle was based and provides a comparative framework within which the Japanese case can be understood and related to development in the rest of the world.

New features for this edition include:

  • textboxes summarising key concepts
  • expanded coverage of the early-modern economy, the ‘traditional sector’, and the international context of Japanese growth
  • an increased number of case studies
  • fully up-dated references, glossary and bibliography.

Taking a thematic approach, this textbook demonstrates how studying the first example of Asian industrialisation can provide the basis for an alternative, non-western narrative of development. As it such is an important resource for undergraduate and postgraduate courses on the Japanese economy, as well as comparative economic development and economic history more generally.

Table of Contents

Preface1. General Introduction PART 1: JAPAN’S DEVELOPMENT PATH AND THE STATE 2. Introduction: Industrial Revolutions, Development Paths and the State 3. Growth Before Industrialisation: the Tokugawa Economy and the State 4. Industry, Trade and the State in the Meiji Period 5. Internationalisation, Imperialism and Industrialisation: the State and the Economy in the Interwar Period PART 2: THE RURAL ECONOMY IN THE DEVELOPMENT PROCESS 6. Introduction: from the dual economy to rural-based development 7. Agriculture and Economic Growth 8. The Rural Household, the ‘Traditional’ Sector and the Path of Development 9. The Rural Problem: Agriculture in the Industrial Economy PART 3: INDUSTRIALISATION 10. Introduction: Technology, Institutions and Modern Economic Growth 11. Modernisation and the Growth of the Urban Industrial Economy 12. The Technology of Japan’s Industrialisation 13. The Institutions of Industrialisation: the Creation of an Industrial Labour Force 14. The Institutions of Industrialisation: Capital, Corporate Governance and the Organisation of the Business World Guide to Technical Terms References

About the Author

Penelope Francks is Honorary Fellow in Japanese Studies at the University of Leeds, where she taught for many years, eventually becoming Reader in Japanese Studies. Her research and publications have all been in the field of Japanese economic history, in particular rural economic development and, more recently, consumption history.

About the Series

Nissan Institute/Routledge Japanese Studies

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic History
BUSINESS & ECONOMICS / Development / Economic Development
SOCIAL SCIENCE / Ethnic Studies / General
SOCIAL SCIENCE / Regional Studies