ABSTRACT

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.

chapter 1|7 pages

General introduction

part 1|98 pages

Japan's development path and the state

chapter 2|12 pages

Introduction

Industrial revolutions, development paths and the state

chapter 3|19 pages

Growth before industrialisation

The Tokugawa economy and the state

chapter 5|33 pages

Internationalisation, imperialism and industrialisation

The state and the economy in the inter-war period

part 2|62 pages

The rural economy in the development process

chapter 6|10 pages

Introduction

From the dual economy to rural-based development

chapter 7|19 pages

Agriculture and economic growth

chapter 9|16 pages

The rural problem

Agriculture in the industrial economy

part 3|92 pages

Industrialisation

chapter 10|10 pages

Introduction

Technology, institutions and modern economic growth

chapter 12|27 pages

The technology of Japan's industrialisation

chapter 13|14 pages

The institutions of industrialisation

The creation of an industrial labour force

chapter 14|21 pages

The institutions of industrialisation

Capital, corporate governance and the organisation of the business world

chapter |3 pages

Guide to technical terms