E3S Web Conf.
Volume 233, 20212020 2nd International Academic Exchange Conference on Science and Technology Innovation (IAECST 2020)
|Number of page(s)||5|
|Section||NESEE2020-New Energy Science and Environmental Engineering|
|Published online||27 January 2021|
Three Types of Economic Strategies in Japanese History
International College Beijing, Chinese Agricultural University, Beijing, 100027, China.
Corresponding author’s e-mail: email@example.com
Japanese economy was ruined in the WWII, but grew quickly after this war. The strategies of Japanese government used to recover the economy are analyzed through reviewing the literature in this paper. The conclusions are as follows: after the war, Japanese government had applied various policies to help their economy to grow, although not all of them got the expected result. During 1950-1970, Japanese government carried out trade strategy, which can help Japan increase exports, learn from foreign countries, and improve their industry. From 1980s, Japanese government carried out science and technology strategy, which helped Japanese to create some improved versions of technologies based on knowledge they learned from foreigners before. And during 1985 to 1990, in order to remit the appreciation of yen (Japanese money), Japanese government applied a policy called “quantitative easing policy”, which increased the yen in circulation and thus helped yen to depreciate. The first two polices indeed boosted the economy, however the last policy had an negative effect on Japanese economy in the end. But generally speaking, these policies brought Japan to a higher economic level compared with several years before when the WWII ended.
© The Authors, published by EDP Sciences 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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