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a) The Japanese Economic Miracle

Japan went from defeat and devastation in 1945 to becoming the world’s second-largest economy by the 1980s. Fuelled by U.S. aid, exports, government–industry cooperation, and technological innovation, this transformation exemplifies how the second wave of globalisation and its flows of aid, trade, and exchange reshaped a nation’s future. Unit Plan Overview Inquiry Statement - Increasing global interactions and...


Tags: Japanese Economic Miracle, post-war Japan, Japanese economic recovery 1945-1973, US occupation of Japan, causes of Japan's economic growth, Japanese export-led growth, MITI and industrial policy, keiretsu, Japan and globalisation, 1973 Oil Crisis

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