Wall Street International - Promotion of the book S. Ichimura 2016


The Author’s Own Review On

JAPAN AND ASIA-Economic Development and Nation-Building

Shinichi Ichimura

Kyoto University, Japan
European Center for Peace and Development (ECPD)
University for Peace est. by United Nations, Belgrade, Serbia

This book is the second collection of my professional articles on the economic development and nation-building of Japan and Asian countries that I wrote from the early 1980s to 2016 and did not re-publish in any other monographs. The first one was Political Economy of Japanese and Asian Development, Springer-Verlag, Berlin-Tokyo, 1998. It covered my main articles and essays from the 60s to the early 80s, dealing with Japan’s postwar reconstruction and Asian flying-geese pattern of development. These two books are translated into Serbian-Croatian language and published by the European Center for Peace and Development. I am particularly pleased with this effort of ECPC, because as the director of Institute of Southeast Asian Studies, Kyoto University, I recognized a long time ago geo-political similarities between Southeast Asia and Southeast Europe, the Balkan countries and have been long associated with ECPD.



JAPAN and ASIA consists of the following five parts:

Introduction My research on Asian development

I.     The Present and the Future of Japan and Asia,

II.   Development and Nation-Building in Stages,

III. Empirical Studies of Behaviors of Economic Entities and Market,

IV. Socio-Cultural Problems and Nation-Building.

Introduction explains how I have pursued my research during a long academic career. I have done many kinds of research: theory, empirical studies (Input-Output analysis and Macroeconometric modeling) of the Japanese economy, and development economics with its empirical works. Appendix to this book gives a list of 75 monographs and 281 main published papers of mine. Among those papers, I selected only 18 articles under four headings which seemed appropriate to assert some strong propositions in Asian development research. Its first central thesis is that economic development can be achieved only with sound nation-building. In other words, sustaining modern economic growth requires building up a solid modern state, and vice versa. Its second thesis is what my teacher, Prof. Yasuma Takata taught us: “economy is subjugated to polity.” In other words, economists must always keep in mind the political implications of economic phenomena and policies. Since, however, I am planning to edit the third volume on Japan and China; so that to my regret, I had to exclude some articles relevant to the interaction between polity and economy here.

Prof. Dr Tihomir Domazet (Croatia), Academician Paskal Milo (Albania), Prof. Dr Jonathan Bradley (UK),
Academician Prof. Dr Negoslav P. Ostojić, ECPD Executive Director and Akihito Teruuchi, Japan Embassy in Serbia


Part I offers four papers of my invited addresses at the Seoul International Convention of the East Asian Economic Association in 2010, the Korean Academy of Sciences in 2011 and the International Demography Convention in Pusan, 2013. In essence, they all deal with the present and the future of Japanese and Asian economies in the 21st Century to analyze the lost two decades of declining growth and offer my modestly pessimistic prospect for the future. The strongest underlying reason for this pessimism is the declining population, which is so clearly demonstrated by sharply falling fertility rate in all the countries involved. My last paper in Part I comments on this extremely important problem.

Part II presents four articles on a central proposition of this book; namely, the relations of economic development and nation-building “in stages.” I defined four stages of development as follows:

(1) The least developed economy (< $300- ),

(2) The under-developed economy (< $2,000-),

(3) The developing (middle income) economy (< $10,000-), and

(4) The developed economy (> $10,000-) 

I argue that economy and polity in each stage change adequately. For example, governmental fiscal administration must be centralized in underdevelopment stage, but in later stage it must be decentralized step by step. Somewhat more detailed discussions are offered in the book. 

Part III offer seven articles of the most substantive survey research findings that I did with my colleagues in East Asia and China. They are:

1.   The socio-economic behaviors of Thai and Indonesian peasants,

2.   Adaptation and application of new appropriate technologies in manufac turers in Thailand, Indonesia and the Philippines, and

3.   Japanese style management applied in Singapore, Indonesia, and three districts in China and an international comparison of eight countries in East and Southeast Asia.

In my opinions, the political economy of development must pursue such microscopic quantitative survey methods for empirical studies rather than individual scholars’ field observations. I have shown my own experimental research’s for the purpose. This part occupies about half of the book.

Prof. Dr Don Wallace (USA), H.E. Wolfgang Wolte (Austria), Sir Arthur Richard Jolly (UK) Prof. Dr Federico Mayor (Spain), Dr Roberto Savio (Italy), Academician Prof. Dr Negoslav P. Ostojić, ECPD Executive Director,
Prof. Dr Tihomir Domazet (Croatia), Academician Paskal Milo (Albania), Prof. Dr Jonathan Bradley (UK)

Part IV presents my views in two papers, first, on Asian nationalism and second, on the so-called Crash of Civilizations. The first sums up my deductive conclusions from reading the lives and their writings of Sun Yet-Sen in China and Sukarno in Indonesia that most Asian nationalisms have essential common factors and could live together. Second, my critical review of Samuel Huntington’s The Crash of Civilization concludes that the author points out some factors causing crashes but not the essential parts. There are many multi-ethnic countries and regions and yet much more seldom they crash each other as Christians against Muslims. Why? Parts of my modest opinions are expressed in the book.

This book publishes the substantive parts of my research works during my days at Kyoto University (68-88) through Osaka International University (88-95), Asian Growth Institute (former ICSEAD) (95-2005), except for econometric modeling works. I hope that the interested reader will refer to my and L. R. Klein’s Macroeconometric Modeling of Japan, WS, Singapore, 2010. I hope to be able to complete Japan and China before too long.


Belgrade City Hall



Evropski centar za mir i razvoj Univerziteta za mir UN obaveštava da su magistarska teza i Izveštaj o oceni teze Jete Rukiqi pod naslovom „International Organizations and Their Role in the Western Balkans: Key Study Kosovo“ i doktorska disertacija i Izveštaj o oceni disertacije Fazli Mehmet Gökgöza pod naslovom „The Process of Interest Representation in Brussels: Lobbying for Turkish RTDI Interests” stavljeni na uvid javnosti u Sekretarijatu ECPD (Beograd, Terazije 41), 15 dana od dana objavljivanja.
Evropski centar za mir i razvoj Univerziteta za mir UN obaveštava da će se javna odbrana master teze Marka Kovačevića pod naslovom „Kaizen i primena Kaizena u građevinarstvu na konkretnom primeru preduzeća: GP „Kovačević“ održati 23.12.2016. u 11,00h i magistarske teze Radmile Mihić pod naslovom „Unapređenje efikasnosti javnih investicija s posebnim osvrtom na javno-privatno partnerstvo u Republici Srpskoj“” održati 23.12.2016. u 13,00h u ECPD, Beograd, Terazije 41.


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Thursday the 30th. European Center for Peace and Development (ECPD) University for Peace Established by the United Nations, Terazije 41, Belgrade, Serbia