Economic Development of Japan
 Updated July 27, 2018

Spring 2018 -  Thursday 16:40-18:10   Lecture Room H

Class of 2018 is completed

Syllabus Syllabus as of April 2018
Course materials The textbook is K. Ohno, The History of Japanese Economic Development, Routledge, 2018. Registered students may purchase paperback edition at discount from the instructor (4,000 yen). Lecture slides are provided below (as they become available). Additional data and information will be provided in class.
Grading by term paper Deadline July 27, 2018. Submit both electronically and in hardcopy.
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. 10 pages or less, single-spaced. One figure or table, and a list of references must be included. Footnotes/endnotes are optional. Evaluation criteria: topic selection (25%), logical flow (25%), depth of analysis (25%), style and English (25%).

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, and state's role and private sector dynamism will be featured. Social and political aspects of industrialization will also be covered. Historical data will be presented and academic debates by economists and historians will be explained.

Schedule for 2018 (subject to change)

Date Topic Textbook chapter Lecture slides Related paper
APR 05 Overview & the meaning of modernization for latecomers ch.1 lec 1
APR 12 Edo period: pre-conditions of industrialization & modernization ch.2 lec 2
APR 19 Meiji 1: key goals of the new government ch.3 lec.3
APR 26 Meiji 2: politics of Meiji industrialization & modernization ch.3 lec.4 flexible
MAY 10 Meiji 3: technology transfer and major industries chs.4&5 lec.5 TT &
MAY 17 Meiji 4: budget, finance and macro balance ch.6 lec.6
MAY 24 World War I and the 1920s: export-led boom & collapse ch.7 lec.7
MAY 31 Showa Financial Crisis of 1927 ch.8 lec 8
JUN 14 The 1930s and the war economy ch.9 lec.9
JUN 21 Postwar recovery 1945-49 ch.10 lec.10
JUN 28 Postwar high growth 1950s-60s ch.11 lec.11
JUL 12 Economic maturity and slowdown 1970s-80s ch.12 lec.12
JUL 19 Bubble burst and Abenomics ch.13 lec.13
JUL 26 Remaining challenges ch.13 lec.14

                                  Note: class dates are subject to the instructor's policy research travel. There is no class on June 7 or July 5.

Meiji photo gallery

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