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Japan's Model of Economic Development: Relevant and Nonrelevant Elements for Developing Economies

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  • Fukunari Kimura

Abstract

Japan was the first non-western country to accomplish successful industrialization, and the dominant perception of its 'industrial policy' had over-emphasized specific characteristics of Japan. However, from the perspective of today's development thinking, Japan's economic history shared a wide range of common factors in usual economic development: macroeconomic stability, human resource development, and economic infrastructure.

Suggested Citation

  • Fukunari Kimura, 2009. "Japan's Model of Economic Development: Relevant and Nonrelevant Elements for Developing Economies," WIDER Working Paper Series RP2009-22, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:rp2009-22
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    File URL: https://www.wider.unu.edu/sites/default/files/RP2009-22.pdf
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    References listed on IDEAS

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    1. Fukunari KIMURA, 2006. "International Production and Distribution Networks in East Asia: Eighteen Facts, Mechanics, and Policy Implications," Asian Economic Policy Review, Japan Center for Economic Research, vol. 1(2), pages 326-344, December.
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    2. Ronald Findlay, 2010. "Country Role Models: Synthesis of Ireland, Japan and Switzerland," WIDER Working Paper Series wp-2010-089, World Institute for Development Economic Research (UNU-WIDER).

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    More about this item

    Keywords

    Commercial policy; Economic development; Industrial policy; Industrialization; Infrastructure (Economics); Macroeconomics;
    All these keywords.

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