Check out our advertising sponsor, The Economist, and get access to global coverage at an exclusive 35% discount at https://economist.com/moneymacro
Recommended follow-up articles:
1. The ascent of India’s economy - https://www.economist.com/finance-and...
2. Vietnam’s growth is fast—but fragile - https://www.economist.com/finance-and...
3. How East Asia should respond to its China shock - https://www.economist.com/leaders/202...
If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: / moneymacro
WANT AN IN-DEPTH INDUSTRIAL POLICY MASTERCLASS?
△ https://school.moneymacro.net/p/indus...
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: / joerischasfoort
△ Follow me on LinkedIn: / joeri-schasfoort
△ I have a private Discord server for Senior and Chief economist Patrons / members.
SOURCES:
1. https://www.nber.org/people/reka_juhasz
2. https://www.nber.org/people/shogo_sakabe
3. https://www.nber.org/people/david_wei...
4. https://www.ndl.go.jp/portrait/e/data...
5. https://en.wikipedia.org/wiki/Self-St...
6. https://www.nber.org/papers/w32667
7. https://www.toyota-industries.com/com...
8. https://www.lean.org/the-lean-post/ar...
9. https://www.toyota-global.com/company...
10. https://ourworldindata.org/breaking-t...
11. https://academic.oup.com/cornell-scho...
12. https://www.nber.org/papers/w13171
13. https://www.mitsui.com/jp/en/roots/12...
14. https://www.toyotauk.com/about-toyota...
Timestamps:
00:00 - intro
03:24 - building block 1
09:25 - building block 2
12:18 - building block 3
21:10 - building block 4
26:51 - building block 5
31:03 - conclusion
Attribution:
Music by Epidemic Sound: http://nebula.tv/epidemic
Thank you to AP Archive for access to their archival footage.
Stock footage and others clips by Getty
Narrated and produced by Dr. Joeri Schasfoort
Edited by Natalia Karpacz