Nigel Gooding
LLM Information Rights Law & Practice, FBCS, FEPRI, FCMI, Falmouth University, UK
Publications
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Research Article
Japan’s Economic Miracle, Bretton Woods, Nixon, China’s Rise, WTO Entry, and the Transformation of Global Industrial Power
Author(s): Nigel Gooding*
Japan’s post-war transformation from military defeat in 1945 to becoming the world’s second-largest economy by 1968 represents one of the most consequential and closely studied economic developments of the twentieth century. This paper provides a comprehensive academic analysis of Japan’s ascent, situating it within a wider international political economy shaped by the Bretton Woods monetary system, Cold War geopolitics, and evolving global trade architecture. The analysis demonstrates that Japan’s “Economic Miracle” was not the product of market forces alone but emerged from a synergistic interaction of institutional reconstruction, state-led industrial policy, strategic currency undervaluation, technological upgrading, and integration into a stable, rules-based international monetary system. Emphasis is placed on the pivotal role of the Bretton Wo.. Read More»

