Growth and international strategy in Japan - The Japanese economy has faced two challenges; one is centuries old, the other more recent. Laggard and particularly deprived of energy and raw materials, with a ten percent annual growth between 1955 and 1968, Japan is now among the front rank of industrial countries. Utilizing « mercantile » policies developed by the Administration and by general commercial companies, Japan has limited its importations to a strict minimum; it has financed these by a growing exportation of manufactured products which had previously been « tried out » on the interior home market. Since 1973, due to a remarkable effort towards exportation, and at the price of a near-stagnation of industrial production, Japan paid ...