Micro-Credit in Modern Japan
Japanese society believes they enjoy socio-economic equality. While industrialization tends to make gap between rich and poor, most of Japanese are proud of themselves as being middle class in the first Asian industrialized country. In fact, post WW2 Japanese economic miracle made Japan rich and equalized. High personal saving ratio supported the economic development in those days as if it’s a pro...
Japanese society believes they enjoy socio-economic equality. While industrialization tends to make gap between rich and poor, most of Japanese are proud of themselves as being middle class in the first Asian industrialized country. In fact, post WW2 Japanese economic miracle made Japan rich and equalized. High personal saving ratio supported the economic development in those days as if it’s a pro...
