In terms of output, the USSR and Japan account for one-fifth of the
world's economy, occupying second and third places behind the
United States. Japan has the world's fastest growth of per capita
income and the USSR has not lagged far behind. But a century ago
they were static feudal societies. This study analyzes the policies
which enabled them to transform their economies adn to catch up
with the developed world.
The strategies of the two nations adopted have been very different:
Japan has maintained small farms and factories, developed a
labor-intensive technology, and has successfully penetrated the
world export markets. The USSR, on the other hand, has created
giant farms and factories adn remained fairly isolated from world
trade. Since 1945 teh USSR has devoted one-eighth of her resources
to military purposes, Japan practically nothing.
In "Economic Growth in Japan and the USSR, "Angus Maddison offers a
comparative analysis of the growth experience of these two
countries that greatly enlarges our knowledge of the development
process. A better understanding of their past experience can be
particularly illuminating and relevant for economic policy in
developing countries today. This classic text was first published
in 1969.
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Series: |
Economic History |
Release date: |
November 2005 |
First published: |
1969 |
Authors: |
Angus Maddison
|
Dimensions: |
234 x 156 x 22mm (L x W x T) |
Format: |
Hardcover
|
Pages: |
208 |
ISBN-13: |
978-0-415-38262-5 |
Categories: |
Books >
Business & Economics >
Economics >
Development economics
|
LSN: |
0-415-38262-9 |
Barcode: |
9780415382625 |
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