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The Economic Emergence of Modern Japan is a useful book for those interested in how Japan succeeded in transforming an agricultural economy into an advanced industrial economy. This volume brings together chapters from The Cambridge History of Japan, Volumes 5 and 6, and The Cambridge Economic History of Europe, Volume 7, part 2. Each of the seven chapters, written by leading specialists in Japanese economic history, explains in an authoritative, detailed analysis how institutions, the behaviour of individuals and firms, and official policies changed in order to enable Japan to accumulate capital, adopt new technology, ensure a skilled labour-force, and increase exports of manufactured goods. The authors pay special attention to distinctive Japanese institutions and policies, the effect of the Tokugawa legacy, and the impact of various wars, and the global economy.

A useful book explaining how Japan succeeded in transforming an agricultural economy into an advanced industrial economy.

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CONTENTS
Preface = ⅶ
1 Economic change in the nineteenth century / E. SYDNEY CRAWCOUR(National University Australian) = 1
  The economy at the beginning of the nineteenth century = 3
  The Temp o ? reforms = 19
  The opening of foreign trade = 32
  The Meiji Restoration: continuity and change = 37
  Economic development, 1868-1885 = 42
  The transition and its nature = 46
2 Industrialization and technological change, 1885-1920 / E. SYDNEY CRAWCOUR(National University Australian) = 50
  Economic growth, 1885-1920 = 50
  Building infrastructure, 1885-1913 = 56
  The traditional sector, 1885-1913 = 68
  The modern sector, 1885-1913 = 86
  World War Ⅰ= 101
  The role of the state = 109
3 Depression, recovery, and war, 1920-1945 / TAKAFUSA NAKAMURA(Tokyo University) = 116
  Introduction = 116
  The era of recessions = 119
  Recovery = 132
  War = 145
  Conclusion = 157
4 The postwar Japanese economy, 1945-1973 / YUTAKA KOSAI(Tokyo Institute of Technology) = 159
  Postwar economic reform and recovery = 160
  Macroeconomic performance = 167
  The changing industrial structure = 181
  Characteristics of Japanese enterprises = 192
  Economic policy = 198
5 Capital formation in Japan / KAZUSHI OHKAWA(Hitotsubashi University) ; HENRY ROSOVSKY(Harvard University) = 203
  Introduction = 203
  The pre-modern background = 204
  The Meiji Restoration and its aftermath = 211
  Twentieth-century Japan: the economics of trend acceleration = 220
  An interpretation = 232
6 Factory labour and the industrial revolution in Japan / KOJI TAIRA(University of Illinois) = 239
  Introduction = 239
  The preconditions for factory labour, 1850-1890 = 243
  Factory labour, 1890-1910 = 254
  The emergence of Japanese-style management = 272
  Conclusion = 292
7 Entrepreneurship, ownership, and management in Japan / KOZO YAMAMURA(University of Washington) = 294
  Introduction = 294
  The rise and composition of Japanese entrepreneurship = 297
  Ownership and control = 322
  The managerial system = 342
  Conclusion = 349
Bibliography = 353
Index = 363