How did Japan rise as an industrial power?

How did Japan rise as an industrial power?

From a country devastated by war, Japan has risen to the ranks of the world’s industrial and technological powers. Its personal-income levels are at least as high as those in the United States, and its economic impact is truly global in nature. Although Japan has not translated its economic capabilities into comparable military strength, and hence remains dependent on the United States as its ultimate security guarantor, it has managed to sustain and active US involvement in Japan’s defense while significantly improving it self-defense capabilities. The dramatic changes over the past couple of years and broader underlying trends, however, raise questions about the continued validity of the assumption on which the strategy was originally predicated. According to some estimates, the combined national products of the four Asian countries could exceed those of West Germany ,France,and the UK by the year 2010 by as much a 120 percent-and could surpass the United States in combined GNP as the turn of the 20 the century.

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