Japanese Economic Growth during the Edo Period

Abstract

During the Edo period, Japanese production of silver declined drastically. Japan could not export silver in order to import cotton, sugar, raw silk and tea from China. Japan was forced to carry out import-substitution. Because Japan adopted seclusion policy and did not produce big ship, it used small ships for coastal trade, which contributed to the growth of national economy. Japanese economic growth during the Edo period was indeed Smithian, but it formed the base of economic development in Meiji period.

Journal

Related Projects

See more

Details 詳細情報について

Report a problem

Back to top