Because Japan has become so economically successful, it is forgotton that post WW2, it was a defeated and broken shell of a nation. It took on board Western experts to transform it's economy. Interestingly, my father was one of the Western experts sent to Japan in the 1970s to improve factory productivity and hence, I spent my formative years seeing the economic growth first hand.

One of the most important factor for Japan in achieving such rapid economic growth was the government action to create an economic environment that stimulated the growth.

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Modern numerals originated in India and traveled through Arabia to Europe, where they enabled the development of modern science centuries later. Tea was first cultivated in China, but migrated to Europe in the 16th century and eventually, with the addition of milk and sugar, became a quintessential aspect of English culture. A Japanese cartoonist named Osamu Tezuka was inspired by a childhood fascination with Disney films from America to create his own art style, which later returned to the U.S. in the form of anime and influenced a new generation of American cartoons. None of these innovations can be attributed to one culture exclusively; they are all the result of cross-cultural pollination.

Imitation is more than just a sincere form of flattery. It is a way of life, and more importantly a way of improving life. Most of the pivotal advances in technology, art and culture throughout human history can be credited to the sharing of ideas between widely different groups of people. By traveling from one head to another, new ideas are developed and refined in ways that the original inventor could scarcely have imagined.

The most important factor that enabled Japan’s amazing economic growth, which was somewhat an exception to modern economic history was the ability of the people itself to successfully combine all the knowledge and skills gained from foreign countries, and then improving those skills to fit their own system.

The factors for the growth are unique and dependent upon each policies and strategies developed during the course of expansion.

Many countries across the world, including the United States, are in the middle of troubling economic developments right now.

The economic miracle did not occur simply from the reform policies implemented during the occupation of the American forces, but the basic factors for growth had already been prepared way beyond the start of WWII.

This economic miracle was the result of post-World War II Japan and West Germany benefiting from the Cold War. It occurred chiefly due to the economic interventionism of the Japanese government

Nice post addressing some important point as targeting the current situation in most countries nowadays due to Corona virus pandemic

Modern numerals originated in India and traveled through Arabia to Europe, where they enabled the development of modern science centuries later. Tea was first cultivated in China, but migrated to Europe in the 16th century and eventually, with the addition of milk and sugar, became a quintessential aspect of English culture.

By using Deming’s new methods, Japan rapidly moved up the ranks of manufacturing nations over the next several decades.

This is historical story.