Japan 1968: A Reflection Point During the Era of the Economic Miracle

dc.creatorHamada, Koichi
dc.date2017-04-01T13:54:25Z
dc.date.accessioned2026-07-09T04:01:29Z
dc.description1968 was an epoch-making year in the Japanese economic history, or in the Japanese history in general. In this centennial year after the Meiji restoration, Japan's GNP became the second largest in the world surpassing West Germany. Japan was cruising on one of the most rapid growth trajectories, but it was anticipating the shade of future changes. Student movements flourished, being synchronized the world over, pollution in urban areas erupted and inflationary pressure began to surface. Japan's balance of current account turned into a pattern of chronic surplus, the pattern that led to the collapse of the Bretton Woods regime. In the socio-economic sense, 1968 was a reflection point of Japan's high growth period. This paper describes the economic forces that drove Japan in this pivotal year as well as its social and political background.
dc.identifierdoi:10.22004/ag.econ.28487
dc.identifierhttps://ageconsearch.umn.edu/record/28487/files/dp960764.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/28487
dc.identifier.urihttp://hdl.handle.net/123456789/543661
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/28487
dc.titleJapan 1968: A Reflection Point During the Era of the Economic Miracle
dc.typeText

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