Economic Development of Japan
Updated May 23, 2019
Spring 2019 - Thursday 16:40-18:10 Lecture Room I (eye)
|Syllabus||Syllabus as of March 2019|
|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. Additional data and information will be circulated in class.|
|Grading by term paper||Deadline July 26, 2019. 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 2019 (subject to change)
|Date||Topic||Textbook chapter||Lecture slides||Related paper|
|APR 11||Overview & the meaning of modernization for latecomers||ch.1||lec 1|
|APR 18||Edo period: pre-conditions of industrialization & modernization||ch.2||lec 2|
|APR 25||Meiji 1: key goals of the new government||ch.3||lec.3|
|MAY 09||Meiji 2: politics of Meiji industrialization & modernization||ch.3||lec.4||flexible|
|MAY 16||Meiji 3: technology transfer and major industries||chs.4&5||lec.5||
|MAY 23||Meiji 4: budget, finance and macro balance||ch.6||lec.6|
|MAY 30||World War I and the 1920s: export-led boom & collapse||ch.7||lec.7|
|JUN 06||Showa Financial Crisis of 1927||ch.8||lec 8|
|JUN 13||The 1930s and the war economy||ch.9||lec.9|
|JUN 20||Postwar recovery 1945-49||ch.10||lec.10|
|JUN 27||Postwar high growth 1950s-60s||ch.11||lec.11|
|JUL 04||Economic maturity and slowdown 1970s-80s||ch.12||lec.12|
|JUL 18||Bubble burst and Abenomics||ch.13||lec.13|
|JUL 25||Remaining challenges||ch.13||lec.14|
Note: class dates are subject to change due to the instructor's travel needs.