The mechanism of economic development : Growth in the Japanese and East Asian economies

This book presents a model of economic development in what are generally termed as mono-cultural economies, applied largely to Japan, but also including empirical evidence from other countries. A major feature of the book is the theory which explains the mechanism of industrial development in an ori...

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Bibliographic Details
Main Author: Inada, Kenʾichi
Format: Book
Language:Undetermined
Published: New York Oxford University Press 1992
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Institutions: Trung tâm Học liệu Trường Đại học Cần Thơ
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Summary:This book presents a model of economic development in what are generally termed as mono-cultural economies, applied largely to Japan, but also including empirical evidence from other countries. A major feature of the book is the theory which explains the mechanism of industrial development in an originally subsistence economy with a very limited capitalist sector. The theory explains a "take-off" in industrialization as well as the possibility of its failure within a consistent model, which takes into account the important role of food and labor supply, as well as the performance of the subsistence sector in this process. This book will interest anyone concerned or involved with the Japanese economic system.