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Japan — The First Superstate?

In: The New International Money Game

Author

Listed:
  • Robert Z. Aliber

    (University of Chicago)

Abstract

In 1970 Herman Kahn, physicist and nuclear theorist, predicted that Japan would become the first superstate — that Japan’s GNP would double between 1970 and 1975, and again between 1975 and 1980 — a fourfold expansion in a decade. Between 1970 and 2000, annual average growth rates would reach 9 percent a year, so that by the year 2000 GNP in Japan would be nearly 16 times the 1970 levels. The news was heartening to the Japanese and frightening to most other countries because of the competitive impact of Japanese goods in world markets.

Suggested Citation

  • Robert Z. Aliber, 2002. "Japan — The First Superstate?," Palgrave Macmillan Books, in: The New International Money Game, edition 0, chapter 21, pages 330-346, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50097-6_21
    DOI: 10.1057/9780230500976_21
    as

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