Economic Development of Japan
Updated March 23, 2018
Spring 2018 - Thursday 16:40-18:10 Lecture Room H
|Syllabus||Syllabus as of March 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. 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)
|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||politics|
|MAY 10||Meiji 3: technology and major industries||chs.4&5||lec.4|
|MAY 17||Meiji 4: budget, finance and macro balance||ch.6||lec.5|
|MAY 24||World War I and the 1920s: export-led boom & collapse||ch.7||lec.6|
|May 31||Showa Financial Crisis of 1927||ch.8||lec.7|
|JUN 07||The 1930s and the war economy||ch.9||lec.8|
|JUN 14||Postwar recovery 1945-49||ch.10||lec.9|
|JUN 21||Postwar high growth 1950s-60s||ch.11||lec.10|
|JUL 05||Economic maturity and slowdown 1970s-80s||ch.12||lec.11|
|JUL 12||Bubble burst and recession||ch.13||lec.12|
|JUL 19||Aging and Abenomics||ch.13||
|JUL 26||Review & discussion||--||--|
Note: class dates are subject to the instructor's policy research travel. There is no class on June 28.
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