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Book Review
Comparative/World
Aaron Forsberg. Americans and the Japanese Miracle: The Cold War Context of Japan's Postwar Economic Revival, 19501960. (The Luther Hartwell Hodges Series on Business, Society, and the State.) Chapel Hill: University of North Carolina Press. 2000. Pp. xviii, 332. $45.00.
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Aaron Forsberg nails his colors to the mast in the opening paragraph of his preface. His intention is to examine "the connections between American economic and security policies at the Cold War's height, the origins of Japan's economic success, and the character of the relationship between the United States and Japan since 1945." He maintains that "US national security policies and the escalating Cold War played a larger role in promoting Japanese economic welfare and in forging the pattern of postwar economic integration and conflict between Japan and the United States than has previously been recognized" (p. xi). |
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To substantiate his claims, Forsberg examines United States-Japan economic diplomacy in the important decade from 1950, immediately prior to the Japanese peace settlements crafted at San Francisco, to the security crisis that erupted throughout Japan in 1960. Given this chronological restriction, it might perhaps have been more accurate, though no doubt less enticing from his publisher's perspective, to title his most detailed account "America and the origins of the Japanese miracle." It is far from obvious that the somewhat precarious Japanese economy of the mid and late 1950s deserves the epithet of "miracle," particularly when contemporaries tended to see problems over balance of payments issues and trade restrictions rather than the hyper-growth rates and full employment more commonly associated with the 1960s and early 1970s. |
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