INTERNATIONAL FINANCIAL ASSISTANCE AS A DRIVER OF POST-WAR ECONOMIC RECOVERY. THE CASE OF JAPAN
Abstract
The article substantiates the necessity of analysing and accumulating global experience in post-war reconstruction in order to adapt it to the realities of Ukraine. Special attention is given to the role of international financing in post-war infrastructural modernisation and the rapid development of the Japanese economy after the Second World War. Based on correlation analysis, the relationship between the volume of U.S. assistance and Japan’s GDP in 1946-1952 is examined. The study demonstrates that external support was vital at the early stage of the country’s stabilisation. The exceptionally high growth rate of foreign direct investment in the Japanese economy in 1950-1956 is confirmed, indicating a rapid increase in the confidence of foreign investors. Key aspects of applying the Japanese experience to Ukraine’s post-war recovery were identified.
References
Okhrimenko, O., & Popov, R. (2022). Povoienna vidbudova Ukrainy: potentsial ta stratehiia peretvoren [Post-war reconstruction of Ukraine: Potential and transformation strategy]. Ekonomika ta suspilstvo, is. 45. DOI: https://doi.org/10.32782/2524-0072/2022-45-7 (in Ukrainian)
Pidoricheva, I. (2022). Pisliavoienne vidnovlennia Yevropy: dosvid ta uroky dlia Ukrainy [Post-war recovery of Europe: Experience and lessons for Ukraine]. Zhurnal yevropeiskoi ekonomiky, vol. 21, no. 2(81), pp. 190–207. Available at: https://dspace.wunu.edu.ua/items/3af5b131-ac26-41e3-b31f-4dab198bd2d7 (in Ukrainian)
Sych, O., & Pasinovych, I. (2023). Povoienna vidbudova mist: dosvid Bosnii ta Hertsehovyny dlia Ukrainy [Post-war urban reconstruction: The experience of Bosnia and Herzegovina for Ukraine]. Finansovyi prostir, no. 4(52), pp. 137–150. DOI: 10.30970/fp.4(52).2023.137149150. (in Ukrainian)
Nebrat, V. V. (Ed.). (2023). Vidbudova dlia rozvytku: zarubizhnyi dosvid ta ukrainski perspektyvy [Reconstruction for development: Foreign experience and Ukrainian prospects]. Kyiv: Institute for Economics and Forecasting of NAS of Ukraine. 571 p. (in Ukrainian)
Laska, I., & Shapovalova, K. (2024). Pisliavoienna vidbudova Ukrainy: modeli vidnovlennia pislia ruinatsii: svitovi keisy dlia Ukrainy [Post-war reconstruction of Ukraine: Recovery models after destruction: Global cases for Ukraine]. Naukovi vidkryttia ta fundamentalni naukovi doslidzhennia: svitovyi dosvid (Proceedings of the 6th International Scientific Conference, Poltava, Ukraine, November 8, 2024), pp. 152–155. DOI: https://doi.org/10.62731/mcnd-08.11.2024.003 (in Ukrainian)
Korsunskyi, S. (2023). Yak natsii vidnovliuiutsia: dosvid Skhidnoi Azii [How nations recover: The experience of East Asia]. Kharkiv: Vivat. 192 p. (in Ukrainian)
Pohuliaiko, Y. (2024). Povoienna spetsyfika infrastrukturnoi modernizatsii ekonomiky krain Azii [Post-war specifics of infrastructure modernization in Asian economies]. Ekonomika ta suspilstvo, is. 69. DOI: https://doi.org/10.32782/2524-0072/2024-69-146 (in Ukrainian)
Kōsai, Y., & Goble, A. (2008). The postwar Japanese economy, 1945–1973. In The Cambridge History of Japan, pp. 494–538. Cambridge: Cambridge University Press. DOI: https://doi.org/10.1017/CHOL9780521223577.011
Maddison Project Database 2013. (2013). University of Groningen. Available at:https://www.rug.nl/ggdc/historicaldevelopment/maddison/releases/maddison-project-database-2013
US Occupation Assistance: Iraq, Germany, and Japan Compared. (2006). Naval History and Heritage Command. Available at: https://www.history.navy.mil/research/library/online-reading-room/title-list-alphabetically/u/us-occupation-assistance-iraq-germany-japan-compared.html
Stabilization and Reconstruction Assistance. (n.d.). CRS Report for Congress. Available at: https://sgp.fas.org/crs/natsec/RL33331.pdf
Occupation and Reconstruction of Japan, 1945–1952. (n.d.). U.S. Office of the Historian. Available at: https://history.state.gov/milestones/1945-1952/japan-reconstruction
Wright, M. (n.d.). Kaizen: The Japanese management style to continuous improvement. KaiNexus Blog. Available at: https://blog.kainexus.com/improvement-discipline/kaizen/japanese-management-style-kaizen
Compel, R. (2017). The lessons from the post-WW2 occupation of Japan. Pacific Dynamics: Journal of Interdisciplinary Research, vol. 1, no. 1, pp. 33–45.
A Teacher’s Resource. Postwar Japan, 1952–1989. (n.d.). Japan Society. Available at: https://aboutjapan.japansociety.org/postwar_japan_1952-1989
Cohen, J. B. (1958). Japan’s Postwar Economy. Indiana University Press. 262 p. Available at: https://publish.iupress.indiana.edu/read/japan-s-postwar-economy
Охріменко О., Попов Р. Повоєнна відбудова України: потенціал та стратегія перетворень. Економіка та суспільство. 2022. № 45. DOI: https://doi.org/10.32782/2524-0072/2022-45-7
Підорічева І. Післявоєнне відновлення Європи: досвід та уроки для України. Журнал європейської економіки. 2022. Т. 21. № 2 (81). С. 190–207. URL: https://dspace.wunu.edu.ua/items/3af5b131-ac26-41e3-b31f-4dab198bd2d7
Сич О., Пасінович І. Повоєнна відбудова міст: досвід Боснії та Герцеговини для України. Фінансовий простір. 2023. № 4 (52). С. 137–150. DOI: https://doi.org/10.30970/fp.4(52).2023.137149150
Відбудова для розвитку: зарубіжний досвід та українські перспективи : монографія; за ред. В. В. Небрат. Київ: ДУ «ІЕП НАН України», 2023. 571 с.
Ласка І., Шаповалова К. Післявоєнна відбудова України: моделі відновлення після руйнації: світові кейси для України. Наукові відкриття та фундаментальні наукові дослідження: світовий досвід» : матеріали VI міжнар. наук. конф., м. Полтава, 8 листопада 2024 р. Полтава, 2024. С. 152–155. DOI: https://doi.org/10.62731/mcnd-08.11.2024.003
Корсунський С. Як нації відновлюються: досвід Східної Азії. Харків : Віват, 2023. 192 с.
Погуляйко Ю. Повоєнна специфіка інфраструктурної модернізації економіки країн Азії. Економіка та суспільство. 2024. № 69. DOI: https://doi.org/10.32782/2524-0072/2024-69-146
Kōsai Y., Goble A. The Postwar Japanese Economy, 1945–1973. The Cambridge History of Japan. Cambridge: Cambridge University Press, 2008. P. 494–538. DOI: https://doi.org/10.1017/CHOL9780521223577.011
Maddison Project Database 2013. University of Groningen. URL: https://www.rug.nl/ggdc/historicaldevelopment/maddison/releases/maddison- project-database-2013?lang=en
US Occupation Assistance: Iraq, Germany, and Japan Compared. Naval History and Heritage Command, 2006. URL: https://www.history.navy.mil/research/library/online-reading-room/title-list- alphabetically/u/us-occupation-assistance-iraq-germany-japan-compared.html
Stabilization and Reconstruction Assistance. CRS Report for Congress. URL: https://sgp.fas.org/crs/natsec/RL33331.pdf
Occupation and Reconstruction of Japan, 1945–52. U.S. Office of the Historian. URL: https://history.state.gov/milestones/1945-1952/japan-reconstruction
Wright M. Kaizen: The Japanese Management Style to Continuous Improvement. KaiNexus Blog. URL: https://blog.kainexus.com/improvement-discipline/kaizen/japanese- management-style-kaizen
Compel R. The lessons from the post-WW2 occupation of Japan. Pacific Dynamics: Journal of Interdisciplinary Research. 2017. Vol. 1. No. 1. P. 33–45.
A Teacher's Resource. Postwar Japan, 1952-1989. Japan Society. About Japan. URL: https://aboutjapan.japansociety.org/postwar_japan_1952-1989
Cohen J. B. Japan’s Postwar Economy. Bloomington: Indiana University Press, 1958. 262 p. URL: https://publish.iupress.indiana.edu/read/japan-s-postwar-economy
Copyright (c) 2026 Наталія Калюжна, Артем Виноградов, Анастасія Дубовик
This work is licensed under a Creative Commons Attribution 4.0 International License.
