Ikeo, Aiko. “Japanese political econom”, Enciclopedia of Political Economy. Phil O´Hara ed. Routledge. Gran Bretaña. 1998, pp. 587-590
Occidental things and ideas, including POLITICAL ECONOMY, were quickly introduced after Japan ended its isolationist policy (1639–1854). The new government took strong leadership in the modernization of Japan after the Meiji Restoration of 1868. Japanese scholars were absorbed in translating and learning Western economic thought, although there were some who resisted Westernization and sought instead “Japaneseness” (Sugiyama 1994).
Thanks to the drastic reform in higher education in 1919–20, increasing numbers of economists tackled a wide range of economic problems and thought. The latter included MERCANTILISM, classical economics, German historical economics, Marxism and NEOCLASSICAL ECONOMICS. Moreover, the successful 1917 Socialist Revolution in Russia had some influence on the historicalstudy of Japanese CAPITALISM in the following two decades. In 1926, Kyoto (Imperial) University started Kyoto University Economic Review (KUER), the first economics journal written in Western languages in Japan. This journal aimed at establishing the Japanese School of Economics, attempting to create a new school of economics which was to be differentiated from the Western version.