Japonya’nın Kalkınmasının Temel Belirleyicileri

Despite the devastation brought by World War II, Japan was able to rapidly achieve industrialization and development. This success has been described as a miracle in literature. There are many cultural, social, political, and economic factors that contribute to the country's miraculous development success. This study aims to identify the main factors that led to Japan's rapid industrialization and development and differentiate its experience from other developing countries. As a result of extensive readings and examinations of the literature on the subject, it has been concluded that the most prominent factors in Japan's rapid development are as follows: These factors can be listed as the existence of a high level of education, high savings rates, the implementation of strategic industrial policies, and the existence of solidarity networks between companies related to the business management system. A higher level of education leads to an increase in both labor force and total factor productivity. A high level of savings leads to a high level of investment and an increase in capital accumulation. Resources are directed to strategic sectors through industrial policy tools. Corporate networks where trust and looking out for each other are central values constitute a safeguard against economic crises. Of course, this experience cannot be imitated exactly by other developing countries. However, useful strategies can be derived from this experience by taking into account the changes in the world’s economic context and the differences in the structural conditions of each country's economy.

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DergiPark (Istanbul University)
Published
2024-09-20
Primary Topic
Global trade and economics
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article
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article

Japonya’nın Kalkınmasının Temel Belirleyicileri

Adem Doğan, Sezgin Zabun
DergiPark (Istanbul University)
Global trade and economics
article

Japonya’nın Kalkınmasının Temel Belirleyicileri

Adem Doğan, Sezgin Zabun
article en

Abstract

Despite the devastation brought by World War II, Japan was able to rapidly achieve industrialization and development. This success has been described as a miracle in literature. There are many cultural, social, political, and economic factors that contribute to the country's miraculous development success. This study aims to identify the main factors that led to Japan's rapid industrialization and development and differentiate its experience from other developing countries. As a result of extensive readings and examinations of the literature on the subject, it has been concluded that the most prominent factors in Japan's rapid development are as follows: These factors can be listed as the existence of a high level of education, high savings rates, the implementation of strategic industrial policies, and the existence of solidarity networks between companies related to the business management system. A higher level of education leads to an increase in both labor force and total factor productivity. A high level of savings leads to a high level of investment and an increase in capital accumulation. Resources are directed to strategic sectors through industrial policy tools. Corporate networks where trust and looking out for each other are central values constitute a safeguard against economic crises. Of course, this experience cannot be imitated exactly by other developing countries. However, useful strategies can be derived from this experience by taking into account the changes in the world’s economic context and the differences in the structural conditions of each country's economy.

DergiPark (Istanbul University)
Sivas Cumhuriyet Üniversitesi (TR)
Openalex Percentile: Top 45%
Global trade and economics
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