The Journal of Agrarian History
Online ISSN : 2423-9070
Print ISSN : 0493-3567
The Development Process of Japanese Economy and "Economic Planning" after the 2nd World War
Masamichi Kawakami
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JOURNAL FREE ACCESS

1970 Volume 12 Issue 4 Pages 18-33

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Abstract

After the 2nd World War, many capitalistic countries have become to carry out "economic planning". Originally, these are very different from the econmic planning of socialistic countries. Namely, capitalistic "economic planning" is no more than government's indication for economy. Postwar, Japanese government has carried out many "economic planning" corresponded with the phase of economic development. Among them, "1955's Five Year Plan of Ecnomic Independence" "1960's Plan of attaing the doubled National Income" and "1970's Plan for the development of Economy and Society" are essential. Under USA's occupation, many plans were carried out, but these miscarried finally. Thus, 1955's Plan became the first realized Plan. After taking action of the Sanfrancisco's treaty and Security Pact in 1952, Japan switched over to semi-occupation from perfect occupation. Under the subordinated regime, this plan aimed at the economic independence having no USA's aid, in other words, the high pace economic growth for monopolistic capitalism. After the 1960's rivision of Security Pact, 60's Plan was drawed up in order to strenghten the monopolistic capitalism through the high pace economic growth continuously, promising to correct the unbalanced economy which was builded up by the high pace growth till then. Now, in consequence of the high pace economic growth during past 15 years, Japanese economy grownded up to the great economic power ranked second GNP scale among capitalistic countries. The 1970's Plan aimed that Japan should grow up to one of the leader countries in capitalistic world from the starting point of present economic power. Again expatiating its aim concretely, it is the plan which seek after the revival and intensification of Japanese militarism and imperialism under the subordinated regime, through the course of perfection of the free trade and direct investment in Japan which is requested strongly by USA, and promotion of foreign investment and aid positively founding on the "Joint Communique between R. M. Nixon and Prime Minister E. Sato", November 21, 1969.

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© 1970 The Political Economy and Economic History Society
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