Heterodox
To follow up on my last post, the author of this blog points out that Japan from the mid-19th century to 1911 had no tariff autonomy but managed to lay the foundation of an industrial take-off from 1880 to 1920.This is true. Japan’s industrial development is an interesting subject. Japan’s rapid period of industrial take-off came after 1911, when its industrial production in mining, manufacturing, and chemical industries soared, and its GNP doubled from 1910 to 1930 (Sorensen 2002: 92). I...
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