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This is the first volume to appear in what will be a definitive multi-volume series covering the whole of modern Japanese economic history. Written by the leading Japanese scholars, the volumes have been abridged and rewritten for a non-Japanese readership. Dual Structure covers the first half of the twentieth century when Japan's economic modernization brought the country into the circle of world powers between the two world wars; the economic system established in the Second World War transformed the economy; and postwar reconstruction provided the foundations for an extraordinary economic dynamism.
It is hardly possible to overrate the Pacific Basin in its economic
and political importance. Currently, it is one of the economic
regions with the highest dynamic growth throughout the world.
Economically this region is sometimes considered to be the future
centre of the world econom- often with reference to well-known
authors such as Arnold Toynbee and Herman Kahn who predicted the
inevitable approach of a Pacific century. The economic development
of the Pacific Basin has proceeded far already following Japan's
ascent into the position of an economic superpower. Considering the
concentration of East and South-East Asian dynamic developing
countries the Pacific Basin has meanwhile developed into a regional
centre of economic activities. Furthermore the ambitions and in
terests of three nuclear powers - the USA, the Soviet Union and
China - collide in this region. Obviously these countries
increasingly perceive and take into account the political and
strategic importance of this region."
The changes taking place in Eastern Europe and Asia are a
particular challenge for Japan and Germany. As the immediate
neighbours, they are both affected by the economic and social
transformations in these regions. Yet, since they are strong
economic powers, they have the potential necessary to influence
developments, such that Eastern Europe and Asia advance to
reciprocal advantage. This volume looks into a wide range of
possible supportive measures as far as capital, labour and
regulatory systems are concerned, with reference to the specific
economic and historic features of Japan and Germany, taking into
account the current weakness of the American dollar and the costs
of reunification.
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