Publisher's Synopsis
This text offers a renewed investigation into the process of economic reforms and stabilization in Japan after World War II. Each chapter reviews policy measures undertaken during this process, discusses their economic rationale, and evaluates their effectiveness. The authors point out a gradual, step-wise process and the government's emphasis on micro and supply-side issues as main characteristics of the Japanese experience to the developing and post-socialist countries is also discussed. Juro Teranishi is the author of "Money, Credit and Economic Development of Japan" and "Industrialization and Financial System" (both in Japanese). Yutaka Kosai is the author of "The Era of High-Speed Growth".
