Political Economy of Japan Essay Example | Topics and Well Written Essays - 1500 words - 1

Political Economy of Japan - Essay Example After Taisho era, it was the economic downturn which helped in the emergence of militarists: In the history of Japan, The Taisho era is mostly from the year of 1912 till the year 1926. Within this era, the political power shifted from the hands of the elder statesmen to the democratic parties and the Diet of Japan. Consequently, the era is known as the time for liberal movement in Japan. Politically, Japan moved towards larger emblematic government. The minimum tax qualification for the voters had been reduced to enfranchise more voters and consequently was eradicated in the year 1925. The democratic environment flourished with the pass of the legislation which was in favor of labors. During this Taisho era, Japan has been able to enjoy the parliamentary government based on British model. The period started with the Hara cabinet and end with fall of Wakatsuki cabinet. During this short span of time Japanese statesmen had tried hard to eliminate war as the instrument to the national p olicy. Japan co-operated in the peace between nations. In the year 1921, the four power including United States, Japan, Britain and France agreed to recognize status quo in Pacific region. These nations had agreed not to interfere in China while it was trying to build a stable government within the country. Japan also made a noticeable contribution by withdrawing its troops from Shandong. This picture was supposed to continue until the economic downturn hit the Japan economy. That time only, militants accused the politicians for being failure to Meiji restoration and consequently called for the change in the country’s policy. As the economy in Japan worsened more, military advocacy gained its popularity. Eventually that resulted in Japan’s aggression in 1930.