Titlebook: China‘s Economic Rise; Lessons from Japan’s Sangaralingam Ramesh Book 2020 The Editor(s) (if applicable) and The Author(s), under exclusive

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Book 2020hood in the Kamakura Period (1185 to 1333) and detailing the evolution of its economy through to 2018, parallels are drawn with the economic development of China. Many of the challenges Japan faced in the first decades of the 20th century, including nationalism, militarism, income disparities, socia

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Tries and Digital Search Trees,e glass and the metal industries emerged. Nevertheless, while the specialisation of labour was able to develop, a class structure developing as a result, items such as bronze mirrors, iron weapons and tools as well as glass ornaments still had to be imported from China.

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https://doi.org/10.1007/978-3-211-75357-6arrived at its ports, with their military might, demanding that Japan end its isolationism and open itself up to trade. Thus, isolationism, the lack of stimulation for innovation and development as well as the increasing poverty of the samurai may have directly led to the end of the Shoguns in 1867.

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https://doi.org/10.1007/978-3-211-75357-6 due to the lack of economic growth, falling profits and inability to repay corporate debts, Japanese firms were simply abandoning ‘jobs for life’ which the Japanese had taken for granted. Interestingly enough, the Chinese economy today faces similar challenges faced by the Japanese economy after the late 1980s.

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Rajan Chattamvelli,Ramalingam Shanmugamion of the use of imported advanced technology and the abundant availability of low-cost labour. Moreover, the co-ordinated market economy featuring intervention in the economy by government departments such as MITI to support industry and the structuring of industries through Keiretsu allowed for an efficient allocation of resources.

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China and its broader global context.Delivers a new comparaThis book examines the economic and political rise of China from the perspective of Japan’s economic development. Beginning with Japan’s rise to statehood in the Kamakura Period (1185 to 1333) and detailing the evolution of its economy thro

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