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The Situation in Japan

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X.A. (HO)
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Habsburg Ottó Alapítvány
Dátum
1952-08
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6
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Wer ee ea ind be ae ect e oe 7 Kefe de MMe 520 of American interests, Especially since this freedem to rearm was suddenly discovered, after yeare in which the crimes of militas. riem hed been attacked and punished severely, All. these conside= rations might come as a shock to the Western World, which has been | made believe, that everything was wonderful in Japan, that the country was eternally grateful 3 it would be a deadly exror of policy iff we continued ta live in @ fool's paradi e, in which we are imprisoned by our own propaganda, ‘It is against this. background that we should Look at Japen of today. We will find that there are several orders of problems, whieh will affect the future course of the nation : the ect= nomic problem 3; the question of the political structure ; the pres» sure of Comminism 3; finally the grave question of the future polii~ ti cel orientation of the country in relations to the Pacific and ' Asiatie. problems, The economic question is dominated by the previously mentioned denographical conshderations. While these are decisive in : s. the sector of food, a similar situation 8150 arises in the quese tion of basic raw materiais § all of these mist be imported, In or dcr to have enough currency to buy them, Japan ‘mist be able to oe export suf: Cicientfini shed 0088 ¢ In this the country is in a very a sit nilar predicament than England, But while Ingland's Empire is still there, Japen has lost hers ; and the losses are heevy, since the Japanese Cojonial Empire was furnishing 35% of the inports. a and 45% of the Japemese exports, Combined with thé destructions e of the industries and the shipping due. to the WAL, this loss ori= inatec the terrible foreign trade deficit which reucheé the two billion Dollar mark for the six occupation your Ss If Japan could survive, it was only due to Amerita's Dollar aid, : Fineneially ¢peal inga the period. 1947 - 49 was one of inflation, This antl a) LOLs whiie ruinous for urban interests; pr oved bene ficial to/the Lamers, Agriculture wes abjle to get rid of its: Gebts, to inpbove its working methods, an in general to regayn u better /oosition, It was thus Strong, when. the stabilisation March’ 49/occured, This situation has agaim changed with the begins. ning of the, korean War, Prices have rigen teadilys thouch congue mer prides W were more or less held in Jjihes, Tie Dank of Japan itself started a second weve of cont troly od. cinflationy whose result this tigé has been clearly favourable to production in, the coua= 2 VEY « ja faet the industrial production which was still \wery. low in 1950.7 ‘- production index 77 - has risen: to the index 1149 dat ny ingvease is not equel for all prenchesog. : the economy, due to frexbiles are still 50% below their pre- product Cinta A * (mije rise of ss has also had =p tevourable arses on A § re VA !

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