This article aims at clarifying the economic situation as to how disproportionately the regional economy develops, differently from the whole scheme of Japanese capitalism. The object of my study is here to elucidate the development of Okinawa economy.
At the beginning of the 1970's, when Japan regained Okinawa from the American occupation, Japan was in the final period of high economic growth, suffering from the stagnation of the equipment investment on the one hand, and from the surplus fund on the other. Under such circumstances, Japan made an economic advance into Okinawa by investing in the land, rather than planting new factories there.
By the end of '70s, Okinawa economy had set up the industrial structure, which made a great shift to particularize into the tertiary industries, including the tourist industry in the main, and which produced the new structure that the central government in Japan supplies the defficiency of Okinawa's dependent economy with the financial funds.
Such a structure of regional economy can be noticed not only in Okinawa, but in the northern and southern part of the Japan Islands, and also commonly in the coastal regions of Japan Sea, where the heavy chemical industry is difficult to make an advance.
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