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Economic Growth in Japan and the USSR

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SKU:
9780415607773
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  • Product Details

    Author:
    Angus Maddison
    Format:
    Paperback
    Pages:
    208
    Publisher:
    Taylor & Francis (October 18, 2010)
    Language:
    English
    ISBN-13:
    9780415607773
    Weight:
    13.5oz
    Dimensions:
    6.125" x 9.1875"
    File:
    TAYLORFRANCIS-TayFran_260120055153350-20260120.xml
    Folder:
    TAYLORFRANCIS
    List Price:
    $65.99
    Series:
    Economic History
    Case Pack:
    28
    As low as:
    $62.69
    Publisher Identifier:
    P-CRC
    Discount Code:
    H
    Country of Origin:
    United States
    Pub Discount:
    30
    Imprint:
    Routledge
  • Overview

    In terms of output, the USSR and Japan account for one-fifth of the world's economy, occupying second and third places behind the United States. Japan has the world's fastest growth of per capita income and the USSR has not lagged far behind. But a century ago they were static feudal societies. This study analyzes the policies which enabled them to transform their economies adn to catch up with the developed world.

    The strategies of the two nations adopted have been very different: Japan has maintained small farms and factories, developed a labor-intensive technology, and has successfully penetrated the world export markets. The USSR, on the other hand, has created giant farms and factories adn remained fairly isolated from world trade. Since 1945 teh USSR has devoted one-eighth of her resources to military purposes, Japan practically nothing.

    In Economic Growth in Japan and the USSR, Angus Maddison offers a comparative analysis of the growth experience of these two countries that greatly enlarges our knowledge of the development process. A better understanding of their past experience can be particularly illuminating and relevant for economic policy in developing countries today. This classic text was first published in 1969.