Japan’s economic revival
The year 1964, exactly 50 years ago, was marked by two events that symbolised Japan’s completion of its recovery in the period following the Second World War. One was the Olympic and Paralympic Games in Tokyo—their first time in Asia. The second was Japan’s joining the OECD, again, the first Asian country to do so. The newspapers of the day ran the headline, “Japan finally joins the ‘grown-ups’,” showing how accession to the OECD was emblematic of becoming a developed country.
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