Inverse Relationships - The Cold War and the United States Reparations Politics for Japan

Abstract

Japan's present-day status as an economic superpower rests atop an earlier decades-long narrative that chronicles her remarkable postwar economic history which, in statistical expression, effectively began with the Korean War Boom. However, while the Korean War clearly served as a major stimulant to the revitalization of a Japanese growth economy, it more importantly suggests the realization of some underlying foundation already well enough entrenched to have secured Japan the special procurements contracts in the first place. This idea therefore necessitates another step back in time into the early years of the United States occupation of Japan.