Development in Japan and China after WWII

High school
Essay
Politics
Pages 5 (1255 words)
Download 0
Japan and China are two Asian countries with similar traditions and philosophy. After the end of WWII the political and economic situations in Japan and China were changed together with their political priorities influenced by a number of external factors…

Introduction

For along time Mao was a leader of Chinese people and their ideological tutor. He announced the policy of "leaning to one side" meant commitment to the socialist bloc. According to the socialistic economic model the transformations were made in the economic and social life of China. The citizens of China were divided into four social classes namely workers, bourgeoisie, peasants, and national-capitalists. The four classes were ruled by the China Communist Party (CCP) leading by the Chinese working class. In 1945 the territory of Japan was occupied and placed under international control, but in 1952 the Treaty of Peace granted Japan with full sovereignty. It should be mentioned that the level of influence between Japan and the USA was less than in China-USSR relations, and that is why the political priorities of Japan was free from strict ideological obtrusion. So, the outcome of WWII changed the political priorities of both countries, as well as their political ideology, which had a great influence on economic growth and development of China and Japan.
The economy of Japan is often characterized as a "Japanese miracle". This extensive economic growth made it possible to recover the economy in a short period of time. ...
Download paper
Not exactly what you need?

Related papers

China in the World Economics
So what can be the consequences of such a hard-core optimism Can China really beat the rest of the world economic and political superpowers The vast size is alluring. The power it can assimilate is thus threatening too. From being the largest coal producer in the world, along with things like cement and steel, China is one of the major contributor in cost cutting and low cost manufactured things…
China and Foreign Direct Investment
The greater part of FDI in China has originated from other areas of Asia excluding Japan, Hong Kong which is a self governing region of china has the largest record, however the dominance of Hong Kong is illusory in that much of the FDI is from elsewhere, in fact the stock listed as Hong Kong source FDI in China is just Chinese domestic investment round tripped through Hong Kong. Additional FDI in…
Foreign Policy of China
In investigating this problem the method adopted is qualitative analysis of both historical and current data to lay bare the relation between the country's economic growth and its foreign policy, particularly the economic component of that policy.…
Monetary Policy in China
The China's central bank, People's Bank of China reflects the decision-making body's concern and aim for the change in policy.…
Economic Miracle in Japan
Although by definition, a miracle is inexplicable, the basic cause behind Japan's economic success can perhaps be explained in simple terms: the indomitable desire of the Japanese people to grow, their deeply persistent will to succeed at any cost. Between 1945 and 1970, the Japanese economy sustained an unprecedented annual growth rate of nearly ten percent on average (Kosai). But this in itself…
Economy of Japan
The country is also the largest in terms of foreign investment and has successfully sustained a trade surplus for more than five decades. As of 200, the Japanese state holds a sixth of the United States Treasury Securities, which represents about 3.5 percent of the United States' gross domestic product. It is notable that Japan's economic problems can greatly impact the global market (CIA World…
Development in Japan and China after WWII
For along time Mao was a leader of Chinese people and their ideological tutor. He announced the policy of "leaning to one side" meant commitment to the socialist bloc. According to the socialistic economic model the transformations were made in the economic and social life of China. The citizens of China were divided into four social classes namely workers, bourgeoisie, peasants, and…