This volume examines different aspects of the Japanese experience in a comparative context. There is much here of relevance to contemporary developing countries anxious to initiate the experience of miraculous growth and anxious to avoid the subsequent stagnation.
Such issues of the role of government in providing the right amount of infant industry protection, the relevance of the financial system, the country’s peculiar corporate structure and the role of education in a comparative context serve to illuminate the lessons and legacies of this unique experience in development.
The relationship between various dimensions of its domestic policy experience and Japan’s international experience in trade promotion and foreign aid is explored and is of special interest to an international audience of academics and policymakers.
1. Introduction: Postwar Japanese Economic Growth in a Global Perspective, Keijiro Otsuka, Gustav Ranis, Ken Togo, and Koichi Hamada 2. Infant Industry Protection Policy Reconsidered: The Case of the Automobile Industry in Japan, Ken Togo 3. Cluster-Based Industrial Development: Applicability of Japanese Experience to Contemporary Developing Countries, Keijiro Otsuka and Tetsushi Sonobe 4. Financial Systems and Economic Development: The Case of Japan, Yasuhiro Arikawa 5. What Will Become of the Japanese Corporation?, Katsuhioto Iwai 6. Dismissal Regulation in Japan, Ryo Kanbayashi 7. Conditions of Corporate Progress As Seen through Post-War Japanese Business History, Konosuke Odaka 8. The Role of Education in the Economic Catch-Up: Comparative Growth Experience from Japan, Korea, Taiwan, and the United States, Yoshihisa Godo and Yujiro Hayami 9. The "Yoshida Doctrine" in Post-Cold War World, Koichi Hamada and Seiko Mimaki 10.The New Model of Foreign Aid Drawn from the Experiences of Japan and the United States, Gustav Ranis, Stephen Kosack, and Ken Togo 11. Lessons from Japan's Postwar Development Experience, Koichi Hamada, Keijiro Otsuka, Gustav Ranis, and Ken Togo