World war boom
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A world war boom (Kei who does not have a sea bream comes), the war economy (I do not seem to do it, and Kei comes) is a phenomenon of the prosperity to be caused locally when war occurs. In Japan, war economy of the Sino-Japanese War, the Russo-Japanese War period, a world war boom of World War I period, war economy of the Manchurian Incident, the Japan-China War, World War II (until war situation aggravation of the Pacific War of 1942 (1942) summer) period, Korean War emergency demand economy of the Korean War period are known.
Cf. (→ world war boom (Japan) that "a world war boom" points at prosperity with World War I from 1915 through 1920 in many cases in Japan). In the United States of America, a world war boom (American world war boom) with World War I happened and led the postwar world economy.
Table of contents
Summary
Business cycles include the following factors in biggest one of the things.
- The direct thing which is hung down by surge (war emergency demand) of the demand for supplies related to war.
- The indirect thing which is dripped by the remarkable rise of the demand for raw materials to be necessary in producing supplies about war.
- Removal and the human disposal of that died buildings destroyed by war.
- Expansion of the consumption by the wartime compensation that a gaining a victory country got from the defeated nation.
"War economy" means these in a lump.
A scale of the war spreads in military becoming gigantic since the age of World War I at the time when war economy became remarkable, and this is because it became the all-out war. The place where war economy extends to is often the state which does not become the direct battlefield. When these war economy is caused, a technique to be connected directly with military affairs such as shipbuilding or the aviation has a tendency to evolve remarkably and brings big influence after war was over.
On the other hand, serious postwar panic occurs when military demand suddenly decreases with the end of the war. I will hold enormous surplus production capacity in postwar period that the general mobilization system is proclaimed by the all-out war and is obliged to carry out the expansion of the plant so much for managerial decisions. The United States in World War II gradually changed it to the production system in a time of peace at the stage when a prospect of the victory was decided and sudden demand by the end of the war decreased by it and, by a method such as supplying the fund which postwar, met European revival demand by Marchall Plan again, dealt.
The country that war economy happened
in Japan
It is from expansion of the consumption by the wartime compensation that Japan got after Sino-Japanese War first in Japan that war economy happened. The Japanese economy greatly advances then, and promotion of industry will be promoted more and more.
In Japan of World War I period, it points out a chance of the Asian market absence of the European product, and prosperity is born by the monopoly of the Asia market mainly on iron manufacture business and the shipbuilding industry, the shipping trade. The vogue words such as "upstarts" are created and are especially big in war economy (upstart economy, Taisho bubble).
The phenomenon that should be called "Manchurian Incident economy" happened even if I faced the Manchurian Incident that broke out in September, 1931, and it was really effective means of the world financial crisis escape. As a result, the Manchurian Incident played a role such as the taking in advance of the Keynes policy [1].
In addition, the emergency demand economy that happened at the time of the Korean War is one of the war economy.
Republic of Korea
The Republic of Korea was moistened by emergency demand by the Vietnam War in Vietnam from 1965 through 1972, and there was economic effect of 1,022 million dollars [2]. The foundations of Korean financial combine including Samsung were built then [2].
in the United States
I exported supplies to Europe that became the battlefield in World War I and did it and was enriched from a world war boom. After World War II, war economy is caused in before Vietnam War.
in Germany
It was not only Japan to have become the prosperity by Korean War emergency demand. The recovery of the market function by the currency stabilization was combined with help and the Korean War economy by the Marchall Plan, and, in Germany, supported economic revitalization strongly [3]; [explanatory note 1].
Footnote
Explanatory note
- Although I experienced reaction recession after the Korean War, Germany realized the high economic growth rate, prices stability, a trade surplus, perfect employment until the mid-1960s, and ^ was called "a miracle of the economy of Germany" afterwards. Onishi (2004)
Source
- ^ "20th century war (2000)p.77 of Japan"、 Ikuhiko Hataの remark.
- ^ a b "The Korean military and the company participation in a war in Vietnam". The Asahi Shimbun. (January 28, 2008)l January 22, 2012 reading.
- ^ Onishi (2004)
References
- Hiroyuki Agawa, Naoki Inose, Terumasa Nakanishi, Ikuhiko Hata, Kazuya Fukuda "20th century war Bungeishunju Ltd. 〈 sentence spring new book 〉, July, 2000 of Japan." ISBN 4-16-660112-1。
- 〉, February, 2004 for Takeo Onishi "Germany - economy, industry" "Nippon University encyclopedia" Shogakukan, Shogakukan 〈 スーパーニッポニカ Professional Win. ISBN 4099067459。
Allied item
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