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The Japanese Challenge

In: The Economics of Information Technology

Author

Listed:
  • Paul Jowett

    (Templeton College)

  • Margaret Rothwell

    (Oxford Polytechnic)

Abstract

The economic miracle that transformed Japan into one of the largest, most fiercely competitive economies in the world did not occur until after the Second World War. Faced with the total devastation of their industrial base, the Japanese used American financial aid not only to rebuild but also to transform the structure of their economy. By the mid-1960s and early 1970s, armed with advanced high technology and a loyal battalion of inscrutably efficient workers, Japan came to pose a serious and powerful threat to some of the world’s most prestigious economies.

Suggested Citation

  • Paul Jowett & Margaret Rothwell, 1986. "The Japanese Challenge," Palgrave Macmillan Books, in: The Economics of Information Technology, chapter 2, pages 21-32, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-18317-3_3
    DOI: 10.1007/978-1-349-18317-3_3
    as

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