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Investor Presentaiton

5.1 Japan's road to technological progress Meiji Restoration (1868) • • Reform of civil institutions. • • • Diversification of agriculture by exporting tea and silk. Establishing the foundation for a conventional banking system. Investing in infrastructure like transportation and communication Compulsory education Fostering the culture of scientific investigation and research in the education system. Recruitment of international Japanese expertise, while Japanese intellectuals studied Western sciences and languages. Economic Import of foreign technologies. Miracle (1950s) • Adapting foreign technologies into practical use. other Using the transfer of knowledge from other nations to develop productive ideas. Having high savings rate and income. during the Ikeda administration which contributed to greater investments by the government. Shifting investment plans from military to developing social infrastructure and state projects. Providing incentives to industries like. ship building, steel, chemicals, and machineries, which were expected to expand rapidly. CENTRE FOR POLICY DIALOGUE Japan. Banglade Friendly th 50 Anniversary of the Establishment of Diplomatic Relations Bangladesh-Japan Partnership for the Next Development Journey 38
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