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The Japanese economic miracle (Japanese: 高度経済成長, romanized: Kōdo keizai seichō) refers to Japan's record period of economic growth between the post-World War II era and the beginning of the global Oil Crisis (1955-1973).
26 sty 2023 · Known as the Japanese Economic Miracle, Japan experienced rapid and sustained economic growth from 1945 to 1991, the period between post World War II and the end of the Cold War. As depicted in Figure 1, the real growth rate was positive until 1973 and increased for 20 consecutive years.
26 sie 2022 · The true explanation of Japan’s successful post-war economic development rests…on good old-fashioned virtues—saving, hard work, reduced government spending, and innovative entrepreneurship—combined with ingenious marketing techniques and relatively free world trade.
9 sty 2018 · The postwar rise of Japan is one of the most dramatic cases of rapid economic development in modern history. Only a decade after suffering total military defeat, Japan returned to its pre-war standard of living. More remarkable, Japan's growth accelerated after this initial recovery period.
Despite the massive devastation it suffered in the Second World War, Japan established itself as a global economic power at peace with the world after the Allied-occupation ended on 28 April 1952 by the Treaty of San Francisco. In terms of political power it was more reluctant, especially in the nonuse of military force.
In Japan’s postwar economy, several policy measures, including those mentioned above-, were available to promote economic activities, to modernize economic structure, and to stabilize macroeconomic fluctuations, but it was absolutely required to coordinate policy measures to avoid .
28 mar 2008 · Summary. From 1945 to 1973, the Japanese economy maintained an annual growth rate of nearly 10 percent. Because the standards for measuring national income changed during this period, there is no continuous statistical series.
