In terms of output, the USSR and Japan account for one-fifth of the world's economy, occupying second and third places behind the United States. Japan has the world's fastest growth of per capita income and the USSR has not lagged far behind. But a century ago they were static feudal societies. This study analyzes the policies which enabled them to transform their economies adn to catch up with the developed world. The strategies of the two nations adopted have been very different: Japan has maintained small farms and factories, developed a labor-intensive technology, and has successfully penetrated the world export markets. The USSR, on the other hand, has created giant farms and factories adn remained fairly isolated from world trade. Since 1945 teh USSR has devoted one-eighth of her resources to military purposes, Japan practically nothing. In Economic Growth in Japan and the USSR, Angus Maddison offers a comparative analysis of the growth experience of these two countries that greatly enlarges our knowledge of the development process. A better understanding of their past experience can be particularly illuminating and relevant for economic policy in developing countries today. This classic text was first published in 1969.

In an ambitious attempt to discover macro trends and changing patterns of state-market relations, the author compares six leading cases in Japanese and Russian/Soviet history from the 1860s to the early 1990s, with an emphasis on post-World War II development.

A Stanford University Press classic.

Monograph on economic growth in Japan - analyses the sources of the exceptionally rapid post-war expansion of the country, and compares the 1970 Japanese output and consumption per capita with that of other highly developed countries, etc. References and statistical tables.

SCOTT (Copy 1): From the John Holmes Library Collection.