Titlebook: Japan and the Great Divergence; A Short Guide Penelope Francks Book 2016 The Editor(s) (if applicable) and The Author(s) 2016 Japanese Econ

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Explaining the Great Divergenceution. This can be used to provide the framework within which work on Japan is presented in Part II of the book. Thus, explanations of the timing and nature of the Great Divergence can be categorised as: (i) those that relate to divergences in access to the natural resources, in particular coal, on

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Japan in the Great Divergence Debate: The Quantitative Story The availability of such data for Japan meant that the Japanese case could be considered within quantitative comparisons related to the Great Divergence, even if access to qualitative evidence was limited. The starting point for these comparisons was Maddison’s global estimates of GDP, but these we

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Introduction: Interpreting the Tokugawa Economys now clear that this did not preclude significant ‘Smithian’ growth in agricultural and non-agricultural output and, as later chapters will suggest, the spread of the market economy and the institutions facilitating it.

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Resources, Trade, and Globalisationbeen assumed that Japan was precluded from such benefits by the ‘closed country’ (.) policy of the Tokugawa regime. However, there is now considerable evidence of Japanese participation in regional and global trade, especially in silver, in the sixteenth and seventeenth centuries, and of the influen

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Conclusionms of the conditions for sustained economic growth, so that Japanese industrialisation must be interpreted as ‘catching up’ on the basis of ‘borrowing’ from the West. However, when viewed in a Great Divergence light, the research brought together in this book can be seen as showing how the developme