Description
Book SynopsisJapan's emergence as a modern state in the middle of the nineteenth century was a unique socio-political event. The accompanying economic development - achieved without tariff autonomy and with practically no injection of foreign capital - was certainly no less remarkable. A major portion of this important volume discusses how this transformation was accomplished.
This important book presents a unique insight into the institutional development of capitalism in Japan through a series of Shigeto Tsuru's papers, some of which are published here for the first time. The volume also includes a critical appraisal of Japan's economy during her invasion of China, discussion of general historical trends in capitalism and an assessment of the present, and future, economic problems of Japan.
The Economic Development of Modern Japan will be welcomed by scholars and students with an interest in Japan's economic development and her present and future role in the world. Economic Theory and Capitalist Society, the first volume of Shigeto Tsuru's essays, is also available.
Trade Review'Shigeto Tsuru has been the bridge between mainstream economics and Japanese Marxist thought. Ten years at Harvard and a key player in the post-war MacArthur Administration, he was Schumpeter's personal assistant and a recognized expert on Keynes and Marx. Tsuru's collected papers are a testament no one interested in Japanese intellectuals should miss.' -- Paul A. Samuelson, Massachusetts Institute of Technology, US
Table of ContentsPart 1 Japan's take-off as a capitalist society: human resources; public finance; money and banking; industrial development; the role of agriculture; economic fluctuations in Japan, 1868-1893. Part 2 Economy under the strain of the "China incident": Japan's economy under the strain of the "China incident". Part 3 Broader issues on capitalism: has capitalism changed?; technological progress and employment. Part 4 The Dyason lectures: the economic problems of Japan - present and future; the future of Japan in the modern world - including relations with the United States and China.
