This text presents a model of economic development in mono-cultural economies, applied largely to Japan, but also including empirical evidence from other countires. The first part of the book is theoretical and builds on a model first expounded by Inada. The rest of the study applies the model to the Japanese economy before and after World War II. A major feature of the book is the theory which explains the mechanism of industrial development in what was originally a subsistence economy with a very limited capitalist sector. The theory explains the surge in industrialization and/or its failure within a consistent model, which takes into account the important role of food and labour supply, and the performance of the subsistence sector.
- ISBN10 0198286287
- ISBN13 9780198286288
- Publish Date 1 January 1993
- Publish Status Active
- Out of Print 19 November 1999
- Publish Country GB
- Publisher Oxford University Press
- Imprint Clarendon Press
- Format Hardcover
- Pages 340
- Language English