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Foreign Repercussions

In: Japanese Targeting

Author

Listed:
  • Jon Woronoff

    (Asian Business)

Abstract

Japan’s swift, inexorable rise after the war inevitably created strains in the world economy. While economic growth was only a few per cent a year in most other countries, Japan averaged nearly 9 per cent in the 1950s and 1960s and still 3–4 per cent in the 1970s and 1980s. It was therefore expanding more rapidly than other countries, which had to make way for it. Those most directly affected were the advanced industrial economies of Europe and America, none more so than the United States.

Suggested Citation

  • Jon Woronoff, 1992. "Foreign Repercussions," Palgrave Macmillan Books, in: Japanese Targeting, chapter 10, pages 240-254, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-12561-6_10
    DOI: 10.1007/978-1-349-12561-6_10
    as

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