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By Aaron Forsberg

During this publication, Aaron Forsberg offers an arresting account of Japan's postwar financial resurgence in a global polarized by way of the chilly battle. His clean interpretation highlights the numerous connections among Japan's monetary revival and alterations that happened within the wider international through the Nineteen Fifties.

Drawing on a wealth of lately published American, British, and eastern archival files, Forsberg demonstrates that American chilly conflict method and the U.S. dedication to liberal alternate performed a critical function in selling jap fiscal welfare and in forging the industrial courting among Japan and the U.S.. the cost of fiscal chance and interdependence, even if, used to be a robust undercurrent of mutual frustration, as styles of clash and compromise over alternate, funding, and kinfolk with China persisted to symbolize the postwar U.S.-Japanese relationship.

Forsberg's emphasis at the dynamic interplay of chilly battle approach, the enterprise setting, and eastern improvement demanding situations "revisionist" interpretations of Japan's good fortune. In exploring the advanced origins of the U.S.-led foreign economic climate that has outlasted the chilly warfare, Forsberg refutes the declare that the U.S. executive sacrificed American advertisement pursuits in desire of its army partnership with Japan.

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Additional resources for America and the Japanese Miracle: The Cold War Context of Japan's Postwar Economic Revival, 1950-1960 (Luther Hartwell Hodges Series on Business, Society, and the State)

Sample text

But if Acheson was the quintessential diplomat, Dulles is remembered as a partisan and missionary. Both men possessed exceptional minds. In contrast to Acheson’s social poise, however, Dulles often displayed the awkwardness of an outsider. In a sense he was. Although born in the house of his grandfather John W. Foster, who served briefly as secretary of state under Benjamin Harrison, Dulles grew up in the small upstate New York community of Watertown, where his father was minister of the First Presbyterian Church.

Having served as an expert on reparations during the negotiations after World War I, he believed that a punitive settlement would undermine a lasting peace. Dulles was also doubly conscious of the need to gain Senate approval of any agreement. He owed his appointment to the Truman administration’s desire for bipartisanship on the Japan question, and he wished to avoid following in the footsteps of Woodrow Wilson, whose prized Versailles Treaty met with defeat on Capitol Hill. Dulles’s attentiveness to congressional opinion proved to be one of the most immediately visible and distinctive characteristics of his approach to policy.

Security considerations were an important source of American policy during that decade. But the evidence from the 1950s shows that Eckes overstates the extent of trade concessions, especially with regard to Japan. Domestic opponents of free trade were actually more vocal and influential during the fifties than during the previous decade. Despite administration enthusiasm for trade liberalization, American policy contained numerous restrictions on most agricultural products, manufactures of labor-intensive industries, and many goods exported by Japan.

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