A Comparative Analysis of Japanese and German Economic Success [Paperback]

The aim of this book is to evaluate accurately economic development mechanism and to extract valuable lessons from a comparison of the economic development of Japan and that of Germany. The book covers an extensive range of economic issues: (1) macro-economic factors: capital, labor, technology; (2) macro-economic policies: financial, monetary, industrial; (3) external shocks to both economies: oil crises, exchange rate fluctuations, environmental problems; (4) development processes of major industries: steel, chemicals, and automobiles. The analyses with this systematic and comprehensive approach provide useful insights for the general reader as well as guidelines for developing countries and for Eastern European countries in transition.The aim of this book is to evaluate accurately economic development mechanism and to extract valuable lessons from a comparison of the economic development of Japan and that of Germany. The book covers an extensive range of economic issues: (1) macro-economic factors: capital, labor, technology; (2) macro-economic policies: financial, monetary, industrial; (3) external shocks to both economies: oil crises, exchange rate fluctuations, environmental problems; (4) development processes of major industries: steel, chemicals, and automobiles. The analyses with this systematic and comprehensive approach provide useful insights for the general reader as well as guidelines for developing countries and for Eastern European countries in transition.I Background of Japanese and German Economies.- 1. Historical and Cultural Background.- 1.1. Japans Historical and Cultural Background.- 1.1. Germanys Historical and Cultural Background.- 2. Immediate Post-war Situation.- 2.1. Japans Immediate Post-war Situation.- 2.2. Germanys Immediate Post-war Situation.- II Economic Development after World War II.- 3. Phases of Economic Development.- 3.1. Japans Phases of Economic Development.- 3.2. Germanys Phases of Economic Development.- 3.3. ComparativlC