A Comparative Analysis of Japanese and German Economic Success

This major study is a joint undertaking of the two economic research institutes: Ifo Institute for Economic Research, München, which is one of the six best economic research institutes in Germany, and Sakura Institute of Research, which is the think-tank affiliates of Sakura Bank, a major city bank in Japan.

I Background of Japanese and German Economies.- 1. Historical and Cultural Background.- 1.1. Japan’s Historical and Cultural Background.- 1.1. Germany’s Historical and Cultural Background.- 2. Immediate Post-war Situation.- 2.1. Japan’s Immediate Post-war Situation.- 2.2. Germany’s Immediate Post-war Situation.- II Economic Development after World War II.- 3. Phases of Economic Development.- 3.1. Japan’s Phases of Economic Development.- 3.2. Germany’s Phases of Economic Development.- 3.3. Comparative Summary of Economic Development Phases.- 4. Political and Social Systems.- 4.1. Japan’s Political and Social Systems.- 4.2. Germany’s Political and Social Systems.- 4.3. Comparative Summary of Political and Social Systems.- 5. Factors of Production: Capital.- 5.1. Japan’s Factors of Production: Capital.- 5.2. Germany’s Factors of Production: Capital.- 5.3. Comparative Summary of Factors of Production: Capital.- 6. Factors of Production: Labour.- 6.1. Japan’s Factors of Production: Labour.- 6.2. Germany’s Factors of Production: Labour.- 6.3. Comparative Summary of Factors of Production: Labour.- 7. Factors of Production: Technology.- 7.1. Japan’s Factors of Production: Technology.- 7.2. Germany’s Factors of Production: Technology.- 7.3. Comparative Summary of Factors of Production: Technology.- III Economic and Social Policies and Corporate Systems.- 8. Fiscal and Monetary Policies.- 8.1. Japan’s Fiscal and Monetary Policies.- 8.2. Germany’s Fiscal and Monetary Policies.- 8.3. Comparative Summary of Fiscal and Monetary Policies.- 9. Competition Policy.- 9.1. Japan’s Competition Policy.- 9.2. Germany’s Competition Policy.- 9.3. Comparative Summary of Competition Policy.- 10. Trade and Capital Transaction Policies.- 10.1. Japan’s Trade and Capital Transaction Policies.- 10.2. Germany’s Trade and Capital Transaction Policies.- 10.3. Comparative Summary of Trade and Capital Transaction Policies.- 11. Industrial Policy.- 11.1. Japan’s Industrial Policy.- 11.2. Germany’s Industrial Policy.- 11.3. Comparative Summary of Industrial Policy.- 12. Social Policy.- 12.1. Japan’s Social Policy.- 12.2. Germany’s Social Policy.- 12.3. Comparative Summary of Social Policy.- 13. Corporate Systems.- 13.1. Japan’s Corporate System.- 13.2. Germany’s Corporate System.- 13.3. Comparative Summary of Corporate Systems.- IV Challenges and Responses towards Important External Shocks.- 14. Oil Shocks.- 14.1. Japan’s Oil Shocks.- 14.2. Germany’s Oil Shocks.- 14.3. Comparative Summary of Oil shocks.- 15. Exchange Rate Changes.- 15.1. Japan’s Exchange Rate Changes.- 15.2. Germany’s Exchange Rate Changes.- 15.3. Comparative Summary of Exchange Rate Changes.- 16. Environmental Problems.- 16.1. Japan’s Environmental Problems.- 16.2. Germany’s Environmental Problems.- 16.3. Comparative Summary of Environmental Problems.- V Development in Selected Industrial Sectors.- 17. Chemical Industry.- 17.1. Japan’s Chemical Industry.- 17.2. Germany’s Chemical Industry.- 17.3. Comparative Summary of the Chemical Industry.- 18. Steel Industry.- 18.1. Japan’s Steel Industry.- 18.2. Germany’s Steel Industry.- 18.3. Comparative Summary of the Steel Industry.- 19. Machine Tool Industry.- 19.1. Japan’s Machine Tool Industry.- 19.2. Germany’s Machine Tool Industry.- 19.3. Comparative Summary of the Machine Tool Industry.- 20. Automobile Industry.- 20.1. Japan’s Automobile Industry.- 20.2. Germany’s Automobile Industry.- 20.3. Comparative Summary of the Automobile Industry.- 21. Consumer Electronics Industry.- 21.1. Japan’s Consumer Electronics Industry.- 21.2. Germany’s Consumer Electronics Industry.- 21.3. Comparative Summary of the Consumer Electronics Industry.- Epilogue.