Category: Asian history

Японское экономическое чудо 0

THE JAPANESE ECONOMIC MIRACLE

The Japanese economic miracle is a historical fact of record growth of the Japanese economy. The economy grew at an annual rate of 10%, the highest rate of growth among the countries of the time. The rapid growth rate in the shortest possible time allowed Japan not only to fully recover from the defeat in the war, but also to come in second in economic power, consistently beating France, Italy, Canada, great Britain, Germany, the USSR.