Economic Development of Japan
 Updated August 3, 2023

Spring 2023 -  Thursday 16:40-18:10    Classroom F

Instructor: Prof. K. Ohno

This course reviews the history of Japanese economic development from the Edo period (17-19c) to present. Topics are chronologically arranged. Economics is the main focus but social, political, diplomatic and military issues are also covered as necessary background. The reason for Japan's early industrialization, impact of external influences, interaction between economics and politics, and the state's role and private sector dynamism will be featured. Historical data will be amply presented and academic debates by economists and historians will be explained.  
Syllabus Syllabus as of April 2023
Course materials The textbook is K. Ohno, The History of Japanese Economic Development, Routledge, 2018. This book is OPEN ACCESS (free download). If you prefer a hardcopy, students may purchase the paperback edition at discount from the instructor (4,000 yen). Lecture slides are provided below.
Grading by term paper Deadline is Friday, July 28, 2023. Submit both electronically and in hardcopy.
Choose one topic from below:
  (i) Assessment of public-private interaction in industrial development of Japan
  (ii) Comparison of Japanese experience and similar experience of another (your) country
  (iii) Detailed analysis of Japanese industrialization (beyond class materials & discussion)
In each case, one particular period and one particular sector/issue must be selected for analysis. Do not discuss generally or without focus. Use 1 to 3 analytical points if Japan and another country are compared. 10 pages or less, single-spaced. One figure or table, and a list of references must be included. Footnotes/endnotes are optional. Evaluation criteria: topic selection (25%), logical flow (25%), depth of analysis (25%), style and English (25%).

Course completed for Spring 2023

Date Topic Textbook chapter Lecture slides Related paper

APR 06

Overview and the meaning of modernization for latecomers

ch.1

lec 1

APR 13

Edo period: pre-conditions of industrialization and modernization

ch.2

lec 2

APR 20

Meiji 1: key goals of Meiji government

ch.3

lec 3

APR 27

Meiji 2: politics of Meiji industrialization and modernization

ch.3

lec 4

flexible

MAY 11

Meiji 3: technology transfer and major industries

chs.4&5

lec 5

TT

MAY 18

Meiji 4: budget, finance and macro balance

ch.6

lec 6

MAY 25

World War I and the 1920s: export-led boom and collapse

ch.7

lec 7

JUN 01

Showa Financial Crisis of 1927

ch.8

lec 8

JUN 08

The 1930s and the war economy

ch.9

lec 9

JUN 15

Postwar recovery 1945-49

ch.10

lec 10

JUN 22

Postwar high growth of 1950s-60s

ch.11

lec 11

JUN 29

MITI and industrial policy

ch.11

lec 12

JUL 06

Economic maturity and slowdown 1970s-80s

ch.12

lec 13

JUL 13

Bubble burst, stagnant growth & Abenomics

ch.13

lec 14

JUL 20

Remaining challenges

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lec 15

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Photos of Meiji Japan (mid to late 19c)

Click for more
   1 Yokohama
   2 Tokyo & vicinity
   3 Mt. Fuji
   4 West Japan
   5 Tokaido
   6 Shops & workers
   7 People & life
   8 Other scenes
These are black & white photos with colors added by painters with a brush.

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