Japan in the 1960s
Download
1 / 23

Japan in the 1960s - PowerPoint PPT Presentation


  • 249 Views
  • Updated On :

Japan in the 1960s. conservative politics economic growth. The Occupation. August 1945 - April 1952 Supreme Commander of the Allied Powers (SCAP) - General Douglas MacArthur Two main tasks: demilitarization democratization. Korean War (1950-3). Economic turning point for Japan:

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Japan in the 1960s' - medwin


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Japan in the 1960s l.jpg

Japan in the 1960s

conservative politics

economic growth


The occupation l.jpg
The Occupation

  • August 1945 - April 1952

  • Supreme Commander of the Allied Powers (SCAP) - General Douglas MacArthur

  • Two main tasks:

    • demilitarization

    • democratization


Korean war 1950 3 l.jpg
Korean War (1950-3)

  • Economic turning point for Japan:

    • war supplies to Korea

    • industrial resurgence

    • foreign currency

    • economic reconstruction

  • 1945 - 1950 growth rate: 9.4%

  • 1950 - 1955 growth rate: 10.9%

  • 1952: Japan’s GDP matched prewar high


High growth of 1955 62 l.jpg
High Growth of 1955-62

  • Large investment in heavy industry

  • Imports of energy and raw materials

  • Government’s economic goals:

    • achieve economic self-sufficiency

    • achieve full employment

    • improve export competitiveness

    • keep domestic demand high


High growth of 1963 73 l.jpg
High Growth of 1963-73

  • Government’s plan to “double the national income in ten years”

  • scheduled 9% annual growth rate

  • large-scale infrastructure construction

    • Shinkansen (bullet train)

    • Olympic Games

    • port, road, and rails

    • human infrastructure


High growth of 1963 738 l.jpg
High Growth of 1963-73

  • labor-intensive in decline

    • agricultural subsidies

    • textile bankruptcies and “excess capacity”

    • coal industry in serious decline

  • capital-intensive on the rise

    • large firms had 10- and 20-fold growth

      • electronics and automobile


Government response l.jpg
Government response

  • government responded to some sectors’ decline with reorganization and subsidization

  • technological improvement and facility modernization under government protection

    • Ministry of International Trade and Industry

      • constant and critical role in developing the computer industry


The iron triangle l.jpg
The Iron Triangle

bureaucrats

big business

executives

LDP politicians


High growth of 1963 7311 l.jpg
High Growth of 1963-73

  • Aggressive export strategy

    • businesses compete with foreign counterparts under government protection

  • domestic market sealed off from competition

  • Strict limitations on governmt expenditures

  • 1965 Japanese exports exceeded imports for the first time in two decades


Government policies l.jpg
Government policies

  • Macroeconomic success through internationally competitive firms

    • reduce the reliance on agriculture and small industry

    • capital-intensive industries

    • technically sophisticated products

    • improve national economic infrastructure

    • improve human infrastructure


Protection of domestic market l.jpg
Protection of domestic market

  • U.S. products and capital dominated world markets to an unprecedented extent in 1950s and 1960s

  • Japan remained virtually unpenetrated by

    • foreign firms

    • foreign products

    • or foreign capital

  • Bretton Woods system (1949 - 1971)



Political economic institutions l.jpg
Political & economic institutions

  • Japan compared with other industrialized democracies

    • economic institutions dramatically different

    • economic performance was superior

    • longest dominance by one political party

    • far greater egalitarianism in political economy

    • foreign and security policy tied to that of US


Golden age of ldp politics l.jpg
Golden age of LDP Politics

  • Liberal Democratic Party

  • 1963, LDP won 55% of vote and 60% of seats in lower house elections

  • LDP benefited from

    • the economy’s stellar performance

    • internal leadership coherence

    • fragmentation of political opponents

    • compensation of economically disadvantaged


Evolution of party system l.jpg
Evolution of party system

  • Combination of multiparty system with sustained dominance of one majority party

  • Chaotic political party system 1946-55

    • 2 conservative parties, 2 socialist parties, communist party, and micro-parties

  • Party merges in 1955

  • “One-and-a-Half Party System”


Major political parties l.jpg
Major Political Parties

  • Liberal Democratic Party (LDP)

    • conservative catch-all party

    • single largest party

  • Japan Socialist Party (JSP)

    • “Japan Peace Party”

  • Japan Communist Party (JCP)

    • anti-emperor, anti-capitalism, anti-military

    • only party untainted by money politics



Suggested readings l.jpg
Suggested Readings

  • http://www.kantei.go.jp/foreign/index-e.html

  • Journals in the UM library:

    • Japan Echo

    • Japan Quarterly

  • New books in the UM library:

    • Japan in Transformation, 1952-2000

    • Japan's Emergence As A Global Power


ad