Knowledge (XXG)

Income Doubling Plan

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strengthened, and it was made easier for smaller businesses to trade in the international market. The focus on technological innovation was increased which is what led to high quality products being exported all over the world. Farming and agriculture were made more efficient and strategies to account for the influx of people migrating from rural to urban environments were worked on. Social safety nets were created and urban planning to utilize space efficiently were improved.
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The Income Doubling Plan was widely viewed as a success in achieving both its political and economic objectives. According to historian Nick Kapur, the plan "enshrined 'economic growthism' as a sort of secular religion of both the Japanese people and their government, bringing about a circumstance in
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in the fall of 1960. The plan called for doubling the size of Japan's economy in ten years through a combination of tax breaks, targeted investment, an expanded social safety net, and incentives to increase exports and industrial development. To achieve the goal of doubling of the economy in ten
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The Income Doubling Plan focused on public investment such as water, education, transportation, and many other social utilities that were very underfunded, as prior to that focus was on investment in private business. International trade was a part of the plan, and exporter companies were
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which both the effectiveness of the government and the worth of the populace came to be measured above all by the annual percentage change in GDP." Various aspects of the plan have been studied by other nations, especially in Asia, hoping to copy Japan's model of
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years, the plan called for an average annual economic growth rate of 7.2%. In fact, Japan's annual growth averaged more than 10% over the course of the Plan, and the economy doubled in size in less than seven years.
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Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article.
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Content in this edit is translated from the existing Japanese Knowledge (XXG) article at ]; see its history for attribution.
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Nakamura, Takafusa (2016). "Ikeda Hayato: The Man Who Created the 'Economic Era'". In Watanabe, Akio (ed.).
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was a long-term economic development plan initiated by Japanese prime minister
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to the source of your translation. A model attribution edit summary is
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Ikeda introduced the Income Doubling Plan in response to the massive
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Dr. Osamu Shimomura's Legacy and the Postwar Japanese Economy
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Japan at the Crossroads: Conflict and Compromise after Anpo
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to this template: there are already 1,117 articles in the
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The Income Doubling Plan and the Growing Japanese Economy
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The Growth Idea: Purpose and Prosperity in Postwar Japan
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Ministry of Land, Infrastructure, Transport and Tourism
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Foreign commerce and shipping of the Empire of Japan
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Knowledge (XXG):Translation
Hayato Ikeda
Anpo protests
US-Japan Security Treaty
Osamu Shimomura
export-led rapid economic growth
The Income Doubling Plan and the Growing Japanese Economy
OCLC
21712098
Kapur 2018
Kapur 2018
Kapur 2018
"Evaluation of Economic Plans in the Japanese Economy"
JSTOR
40436143
Kapur 2018
Kapur 2018
Japan at the Crossroads: Conflict and Compromise after Anpo
ISBN
978-0674984424
"Evaluation of Economic Plans in the Japanese Economy"

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