Ruins to Riches: The Economic Resurgence of Germany and Japan after 1945 - Softcover

Stokes, Raymond G.

Softcover

ISBN 10: 1009087754 ISBN 13: 9781009087759

Publisher: Cambridge University Press, 2026

Synopsis

In 1945, Germany and Japan lay prostrate after total war and resounding defeat. By 1960, they had the second and fifth largest economies in the world respectively. This global leadership has been maintained ever since. How did these 'economic miracles' come to pass, and why were these two nations particularly adept at achieving them? Ray Stokes is the first to unpack these questions from comparative and international perspectives, emphasising both the individuals and companies behind this exceptional performance and the broader global political and economic contexts. He highlights the potent mixtures in both countries of judicious state action, effective industrial organisation, benign labour relations, and technological innovation, which they adapted constantly – sometimes painfully – to take full advantage of rapidly growing post-war international trade and globalisation. Together, they explain the spectacular resurgence of Deutschland AG and Japan Incorporated to global economic and technological leadership, which they have sustained to the present.

About this title

About the Author

Raymond Stokes is Professor of Business History and Director of the Centre for Business History in Scotland at the University of Glasgow. His extensive publications on business, environmental, and technological history include co-authoring The Business of Waste (CUP, 2013) and Building on Air (CUP, 2016).

Edition details

• Publisher: Cambridge University Press
• Publication date: 2026
• Language: English
• ISBN 10: 1009087754
• ISBN 13: 9781009087759
• Binding: Paperback
• Number of pages: 352