MGMT 1030 Lecture Notes - Lecture 3: Mao Zedong, Extraterritoriality, World Trade Organization
27 Feb 2014
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Document Summary
Policy of sakoku (closed country) in place from 1639. Japanese market forcefully opened by commodore matthew perry in 1854. Japan had a history of commercial and entrepreneurial activity but no industrial sector. Meiji restoration re-established control of emperor and oligarchs in 1867. Japan decides that in early 1600"s, did not want to trade with european countries. During 1700"s only permitted dutch to com e to nagasaki to trade. ; leased dutch flags to go to nagasaki to trade. Perry sent to japan proposing new trade relationship between usa and japan. Perry used naval force on port edo to meet the emperor and show seriousness; agreement later signed. Modernize the economy along western industrial lines. Prevent western control of japan as had occurred in china. Charter oath of 1858; seek knowledge world-wide and use knowledge to strengthen imperial rule. Japan hired foreign experts to help set-up modern military, navy and industry: economic development policies and results.
