Income Doubling Plan

E105825

The Income Doubling Plan was a major Japanese economic policy program in the early 1960s that aimed to rapidly expand the economy and double national income through aggressive growth and industrial development.

All labels observed (2)

Label Occurrences
Income Doubling Plan canonical 4
“Income Doubling Plan” 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf economic policy program ⓘ
government economic plan ⓘ
alsoKnownAs National Income Doubling Plan ⓘ
Shotoku Baizō Keikaku ⓘ
announcedBy Hayato Ikeda ⓘ
appliesTo Japanese economy ⓘ
associatedWithGovernment Ikeda Cabinet ⓘ
country Japan ⓘ
documentType long-term economic plan ⓘ
economicPolicyType Keynesian-inspired growth policy ⓘ
export-led growth strategy ⓘ
focus expansion of exports ⓘ
industrialization ⓘ
infrastructure investment ⓘ
productivity improvement ⓘ
social welfare expansion ⓘ
technological modernization ⓘ
followedBy policies addressing pollution and social issues in late 1960s and 1970s ⓘ
goal double national income ⓘ
expand employment ⓘ
industrial development ⓘ
raise living standards ⓘ
rapid economic growth ⓘ
historicalContext postwar Japanese economic miracle ⓘ
impact contributed to Japan becoming a major industrial power ⓘ
contributed to environmental pollution problems ⓘ
increased regional economic disparities within Japan ⓘ
implementedBy Economic Planning Agency of Japan ⓘ
Japanese government ⓘ
linked to: Government of Japan
includesPolicyInstrument credit expansion ⓘ
liberalization of trade and capital to a limited extent ⓘ
public investment in infrastructure ⓘ
support for key industries ⓘ
tax incentives for industry ⓘ
trade promotion measures ⓘ
influencedBy global demand for Japanese exports ⓘ
postwar U.S.-Japan economic relationship ⓘ
language Japanese ⓘ
plannedDuration 10 years ⓘ
politicalPartySupport Liberal Democratic Party (Japan) ⓘ
precededBy recovery-focused postwar economic policies ⓘ
result Japan achieved income doubling ahead of schedule ⓘ
expansion of middle class in Japan ⓘ
rapid GDP growth in the 1960s ⓘ
rapid urbanization in Japan ⓘ
strengthening of heavy and chemical industries ⓘ
startTime 1960 ⓘ
targetGrowthRate approximately 7 percent per year or higher ⓘ
timePeriod early 1960s ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Hayato Ikeda → notableWork → Income Doubling Plan ⓘ
Hayato Ikeda → knownFor → Income Doubling Plan ⓘ
Ikeda Cabinet → slogan → “Income Doubling Plan” ⓘ
linked to: Income Doubling Plan
Shotoku Baizō Keikaku → translatedName → Income Doubling Plan ⓘ