Economic Development of Japan
 Updated July 21, 2016

Spring 2016 -  Thursday 16:40-18:10 Lecture Room H

Syllabus Syllabus as of March 2016
Study materials The textbook (English hardcopy edition) will be provided free of charge to all registered students (downloadable softcopy is also available). Additionally, classroom slides, web text lectures (see below) and classroom handouts will be used.
Grading by term paper Deadline July 24, 2016.
Choose one topic from below:
  (i) Assessment of public-private interaction in industrial development of Japan
  (ii) Comparison of Japanese experience and similar experience of another (your) country
  (iii) Detailed analysis of Japanese industrialization (beyond class materials & discussion)
In each case, one particular period and one particular sector/issue must be selected for analysis. Do not discuss generally or without focus.

This course reviews the history of Japanese economic development from the Edo period (17-19c) to present. Economics is the main focus but social, political, diplomatic and military issues are also discussed. The reason for Japan's early industrialization, impact of external influences, interaction between economics and politics, state's role and private sector dynamism will be featured. Historical data will be presented and academic debates by economic historians will be explained.

Please use the hardcopy textbook for main reference material. Additional paper handouts will be distributed in class.

Lecture slides below are used in class. They are subject to revision at any time.

Schedule for 2016

Date Subject Textbook chapter Slides
APR 07 Overview & the meaning of modernization for latecomers ch.1 lec.1
APR 14 Edo period: pre-conditions for industrialization & modernization ch.2 lec.2
APR 21 Meiji 1: key goals of the new government ch.3 lec.3
MAY 12 Meiji 2: politics of Meiji industrialization & modernization optional politics
MAY 19 Meiji 3: technology and major industries chs.4&5 lec.4
MAY 26 Meiji 4: budget, finance and macro balance ch.6 lec.5
JUN 02 World War I and the 1920s: export-led boom & collapse ch.7 lec.6
JUN 09 Showa Financial Crisis of 1927 ch.8 lec.7
JUN 16 The 1930s and the war economy ch.9 lec.8
JUN 23 Postwar recovery 1945-49 ch.10 lec.9
JUN 30 Postwar high growth 1950s-60s ch.11 lec.10
JUL 14 Economic maturity and slowdown 1970s-80s ch.12 lec.11
JUL 21 Bubble burst and recession & Abenomics ch.13 lec.12  13

                                  Note: no class is planned on April 28 and July 7 due to instructor's policy research travel.

Meiji photo gallery

Click photo for more