“The Cold War was the most important factor that led to the economic recovery and development in Japan during 1945 and 1980.” Comment on the validity of this statement.
I suggest the statement that the Cold War was the most important factor that led to the economic recovery and development in Japan during 1945 and 1980 be invalid. While the world community ushered in an era of economic reconstruction, and where possible, resurgence, in the wake of the devastating World War II, Japan prepared herself for the accomplishment of vigorous economy recovery. I argue that many internal and external factors helped lead to her economic recovery and development, amongst them are political stability, government policies, national spirit, traditional
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Before the Korean War ended in 1953, the Japanese economy blossomed unhoped for. The nearest and earliest industrialized area next to the war zone, Japan was imbued with demands for including vehicles, spare parts, clothing, commodities, and war-related equipment. Even more surprisingly, when the US was at war, Japan gained a foothold on the Southeast-Asian lands where the US market previously dominated, which allowed japan to require labor and promote products and expand overseas markets, increasing employment rate and facilitating economic recovery. Such urgently burgeoning procurements are estimated to have amounted just under billion US dollars, an unexpected boost to the Japanese economy in war industry. It should be argued that such special needs, especially from the US, provided Japan with favorable situation to continue to develop its industry. The Korean War, therefore, preceding the Cold War influence on Japan by providing a huge momentum for economic recovery and development right from the outset.
To close my argument, in the case of Japanese economic recovery and development, given that many other factors outweighing the Cold War factor, the Cold War factor should not be regarded as the most important. By and large, the Cold War was merely a global interaction taking a recalcitrant shape that it offered dramatic development of related countries’ postwar development, which all related countries were bound to survive the status quo react to its future by the globe’s change and
Although there were certain differences between Japan and Russia with regard to the role of state in economic development during the late nineteenth and early twentieth century, they were very similar in their movement to abolish feudalism and the construction of industrial projects. Despite these similarities they were different in their success rate by the end of this period of industrialization.
Another country that was affected by the cold war in Asia was Japan. The country lacked raw materials. Japan was under U.S. occupation and many of their forces were Americans. The Japanese lacked food and raw materials. Bankruptcies and unemployment increased and the country eventually fell into recession.
The Economic Effect on Japan during Post World War II Japan’s economy was greatly affected by the atomic bombs dropped on both Hiroshima and Nagasaki. Japan’s economic recovery as a result of this incident transformed Japan’s economic growth which has become known as the “Economic Miracle.” The bombs caused Japan to reconstruct many more facilities in which the economy moved forward. The Economic Planning Agency, which used to be known as the Economic Stabilization Board, helped Japan to become one of the leading economic nations. The United States also contributed to much of Japan’s recovery by occuping it from 1945-1951.
Although Japan changed in many ways from 1853 to 1941, there were also many factors that remained the same throughout the history of Japan. One such continuity was the maintained existence of a figurehead ruler controlled by other political authorities. The feudalistic emperor of Japan was the supposed “highest, most powerful authority” in the land, but was actually controlled by the military leaders- the shogun. Similarly, the militaristic emperor of Japan decades later continued to remain a figurehead ruler controlled by military and government officials. In addition, Japan continued to remain reliant on exports in order to maintain its economy. As a result of Japan’s small geographical size, the island nation had few natural resources and was forced to rely on exports to survive economically. The nation also grew increasingly reliant on other nations to provide materials and supplies that it could not provide for itself. This complete reliance on other nations was seen illustrated when the Japanese military was provoked to attacking another superpower- the United States, in response to the 1940 United States embargo
The defeat of Japan and Germany positively stimulated the American economy. The United States was concerned of how fast the Japan economy was growing,
Between the late nineteenth century and early twentieth century, Japan’s economy developed remarkably. China had also developed economically; however, not near as much as Japan. The Japanese government industrialized greatly and encouraged western influence, but the Chinese government did the opposite.
This portion of the book focuses on how the war was useful in making Japan an economic power. Dower begins by explaining that postwar Japan’s success can be
The people of Japan knew that the time for change had come, and in 1868 a group of samurai overthrew the Shogunate. This eventually led to the rise of the Meiji Restoration in 1889. The western countries were much more advanced compared to Japan during the industrial revolution and if they were to become a global power, Japan would need to advance as well. The Meiji Restoration was brought up upon western ideology, which led to new advanced technology along with rapid social and economic growth and the formation of a national military. The Meiji restoration had occurred in the 19th century because Japan needed a change in order to advance during the industrial revolution. The restoration was the change, that eventually led Japan to become an international force. For decades the high tariffs of the unequal treaties affected my pay and my life. Though this new restoration has brought more jobs and better pay for us
In 1850-1935, Japan has become an industrial power and replaced its traditional, feudal government with a regime in which ministers appointed by the emperor combined with parliament. The interwar years were not a time of crisis for Japan, however. During the 1920s, new cultural developments, an expanding economy and a brief commitment to liberal democracy produced important currents as well. In the 1930s, Japan turned to a more adventurous foreign policy in response to economic challenge and political change. Japan participated in the global economy by changing its government to benefit the economy, the emergence of open trade and still continuing to depend heavily on imports of raw materials.
1. In your opinion, what are the reasons for the Japanese “economic miracle” that has occurred since World War II?
This paper will look at the Depressions that took place in Japan and Russia between 1929-39. Japan World War I did not have the horrible effect on Japan’s economy that it did on the rest of the world. This was mostly because Japan had taken over the markets that had been dominated by the
Japan had recovered finish control of foreign exchange and legal framework, as a result Japan has built up to full independence and in the process has changed the whole
In 1945, Japan was devastated and lost a quarter of the national wealth after suffering a defect in the second world war. A majority of the commercial buildings and accommodation had been demolished, and massive machinery and equipment formerly used in production for the civil market were out of service to provide metal for military supplies (Miyazaki 1967). Despite the trash and ruins had left over in Japan, Japan was able to rebuilding its infrastructure and reconstruct their economy. It is revealed that the Japanese economy was on its way to recovery, which received a rapid development since the war, and the reconstruction of Japan had spent less than forty years to become the world’s second largest economy in the 1980s. This essay will explore the three factors account for the economic growth of post-war Japan: the financial assistance from the United States, the external environment, and the effective policy of Japanese government.
World War 2 drew a hard blow and left a serious and lasting effect to many Asian countries. This however, did not hamper the growth of countries such as China, Japan and Vietnam as their governments were taking serious steps to recover economically. Thus, the global market cannot
In addition to the causes above, the following events have further deepened Japan’s economic situation during the Lost Decades: