Book contents
- Frontmatter
- Contents
- List of figures
- List of tables
- Contributors to this volume
- Preface
- Abbreviations
- Symbols
- 1 Economic Development in East Asia: Doing What Comes Naturally?
- 2 Industrialization and Growth: Alternative Views of East Asia
- 3 The Role of Trade Policies in the Industrialization of Rapidly Growing Asian Developing Countries
- 4 The Role of Foreign Capital in East Asian Industrialization, Growth and Development
- 5 The Role of Government in Overcoming Market Failure: Taiwan, Republic of Korea and Japan
- 6 Growth, Industrialization and Economic Structure: Latin America and East Asia Compared
- 7 Ideology and Industrialization in India and East Asia
- 8 Japan: Model for East Asian Industrialization?
- 9 The Politics of Industrialization in the Republic of Korea and Taiwan
- 10 Economic Growth in the Asean Region: the Political Underpinnings
- 11 Culture and Industrialization
- Bibliography
- Index
8 - Japan: Model for East Asian Industrialization?
Published online by Cambridge University Press: 06 October 2009
- Frontmatter
- Contents
- List of figures
- List of tables
- Contributors to this volume
- Preface
- Abbreviations
- Symbols
- 1 Economic Development in East Asia: Doing What Comes Naturally?
- 2 Industrialization and Growth: Alternative Views of East Asia
- 3 The Role of Trade Policies in the Industrialization of Rapidly Growing Asian Developing Countries
- 4 The Role of Foreign Capital in East Asian Industrialization, Growth and Development
- 5 The Role of Government in Overcoming Market Failure: Taiwan, Republic of Korea and Japan
- 6 Growth, Industrialization and Economic Structure: Latin America and East Asia Compared
- 7 Ideology and Industrialization in India and East Asia
- 8 Japan: Model for East Asian Industrialization?
- 9 The Politics of Industrialization in the Republic of Korea and Taiwan
- 10 Economic Growth in the Asean Region: the Political Underpinnings
- 11 Culture and Industrialization
- Bibliography
- Index
Summary
Several arguments have contributed to the popularity of the hypothesis that Asian countries owe their successful growth experience to following a Japanese ‘model’ of development. One of these is the ‘late starter’ theme. Japan industrialized after Western Europe and the United States with all the disadvantages – but also the advantages – of such a late start. It may be seen either as the last of the major countries of today to undergo an industrial transformation or as the first (and to date the most successful) of the developing countries to industrialize. It has frequently been argued that the East Asian countries that began to industrialize in the 1950s and 1960s were also late starters (Kazushi and Rossovsky 1968), and that they accordingly followed similar industrialization paths to that followed by Japan. A number of characteristics stemming from Japan's particular economic history have more recently been present in other East Asian countries, thus contributing to the notion of a Japanese or East Asian model of industrial development. They include high savings and investment rates, an emphasis on export performance, active entrepreneurship and high productivity of capital and labour. A common ethnic/cultural outlook based on Confucian ideology is often regarded as the most important ingredient of a Japanese–East Asian model (Kim 1983).
The East Asian countries have a schizophrenic love–hate relationship with Japan typical of the attitudes of former colonies to former imperial powers. Sometimes they seek to learn from the Japanese experience, but sometimes they regard the Japanese experience as being of little importance in their rapid growth.
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- Achieving Industrialization in East Asia , pp. 241 - 259Publisher: Cambridge University PressPrint publication year: 1988
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