Japan as a model industrialize
With the Japanese economy being viewed as one of the most prominent, industrialized economies in the world, it is vital that one considers all of the requirements of a highly industrialized society, and not base their judgments solely on economic output. Through an analysis of Japan's reliance on her government to regulate her economy, it will be established that she cannot compete in the global market. Furthermore, it will be demonstrated that according to Alexander Gerschenkron's theory alluding to industrialization, Japan has not developed in a manner that will allow her to prosper. Lastly, the fact that Japan depends on technological borrowing supports Gerschenkron's theory for late industrializers. When examining all of these aspects as a whole, it is obvious that when referring to Alexander Gerschenkron's theory regarding industrialization, Japan cannot be classified as a model industrialized nation, as she possesses the characteristics of a late industrializer with a weak economic capacity. Japan's reliance on her government to regulate both trading practices and business operations reflects unfair protectionism and her inability to compete in the global market. This will be validated through an analysis of the role of
("Japan - Era of Rapid Growth; Social Change") This suggests that nearly half of Japan's population moved from rural civilizations to urban cities in the period of five years. This was verified by the fact that Japan's GNP per capita increased dramatically and as a result she was pressured to expand her economic output very quickly. Together, these validations will support Gerschenkron's theory for late industrializers and consequently the fact that Japan cannot be regarded as an industrialized model will be justified. When examining all of the previous material that pertains to the Japanese government's involvement in her economy it is very obvious that she relies on it to regulate various business operations and trading practices. The small Canadian firm - Fusion Systems, which invented and patented a new machine that would spray paint onto pop cans, experienced bankruptcy as a result of the large Japanese firm - Mitsubishi, stealing its invention. This will be verified by the fact that Japan's real GNP per capita increased rapidly between the years of 1945 and 1950. Lastly, Japan's reliance on technological borrowing indicates that she cannot stimulate her own economy through the creation of new technologies, and as a result she is not economically independent. Furthermore, Japan's average growth rate between the years of 1945 and 1950 was thirteen (13%) ("Japan - Era of Rapid Growth"), which is more than four times greater than the economic growth rate in the United States of three percent (3%). Furthermore, the experience of the small Canadian firm-Fusion Systems will be examined and it will be verified that Japan does not create new technologies, she steals them. When examining Japan's average annual growth rate between the years of 1945 and 1950 it is very clear that during this time period Japan experienced immense economic growth. ("Statistics for Developed Nations") This signifies that Japan tripled its wealth in a period of five years, which ultimately reflects a rapid and excessive increase in consumer spending and consumer expectations. Consequently, Japan possesses the characteristics of a late industrializer, whose foundation will not allow her to maintain a stable and self-sufficient economy in the long run. S lamp manufacturer - Lite Lamp encountered while trying to do business in Japan will be described.
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