The Japanese Economy: Future Impact
Study rept. Sep 1991-Apr 1992,
ARMY WAR COLL CARLISLE BARRACKS PA
Pagination or Media Count:
The Japanese economy has made an amazing recovery from its post-war ruin to become one of the most prosperous and dynamic in the world. In order to develop their economic base after the war, the Japanese made significant sacrifices through hard work and reinvesting the return on their efforts. These sacrifices, along with astute industrial and trade policies, helped create the Japanese economic miracle that has been the envy of the world. I will examine Japans current role and policies concerning the world economy next, I will consider domestic factors that have raised questions about Japans economic prospects finally, I will consider international challenges to Japans economy. The conclusions are that Japans period of explosion growth has ended, but that it will continue as one of the leading economic powers. Since the continued economic prosperity of Japan and the US are interdependent, both sides should be more cooperative. Finally, due to geopolitical imperatives, America should discourage Japan from significantly improving its military capability.
- Economics and Cost Analysis
- Government and Political Science