Japan's Economic Development

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Department
East Asian Studies
Course
EAS105H1
Professor
Ken Kawashima
Semester
Winter

Description
Japans Economic Developmentthearly 20century Japanese corporations took advantage of international technological and managerial innovationssecond industrial revolutionproduced great electrical technology mass productionlarge enterprises developed new metallurgical and chemical technologiesdual structure characterized Japans modern economy Trading companies zaibatsufinancial cliques dominated most modern sectors of economymining shipbuilding machinery steel and chemicalsand produced standardized highvolume products each company within pursued a single enterprise and remained legally distinct Access to zaibatsus capital through its bank a central advisory committee that set policy and longterm goals and interlocking boards of directors that tied them together Zaibatsu chairmen enjoyed access to bureaucrats and cabi
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