The secret of Japan's economic success. An analysis of the post war development of the economic

Seminar paper from the year 2022 in the subject Economics - Other, grade: 1,0, University of applied sciences, Cologne, course: International Economics Policy, language: English, abstract: The aim of this work is to analyze Japan’s historical economy to discover how the successful and rapid economic development is achieved after World War II. How are they able to grow their infant industry’s and to become an exporting nation? The question that raises is also why other developing countries have not reached success although they follow given guidance? Does the reconstruction of the economy impact the Japanese society? If yes, in which way? This work analyzes which factors have brought Japan to success and what was important in order to reach success. There is still war in this world today, possibilities for action for countries should be elaborated. However, another question that raises is if this can still be taken as recommendation many decades later.