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RE: Japan's Rise as a Economic Powerhouse: What Lead to a the Rise of Japan? Globalization, a Boat & Social Justice?

in #money7 years ago

Well, although it was not colonized per se, it was defeated in WWII and its economy destroyed. We do not know how things would have gone otherwise but arguably it was those very same social reforms that caused the war. The causes to the recent growth I think can be traced down to the economic reforms of the last 70 years since the defeat at the war, most of it is economic reforms but of course the social reforms that preceded the war were necessary for things to have gone the way they have.