Shigeto Tsuru was a Japanese economist. He was widely honoured for his scholarship, including the Presidency of the International Economic Association.
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Shigeto Tsuru was a Japanese economist. He was widely honoured for his scholarship, including the Presidency of the International Economic Association. A pivotal figure in post-war Japanese economic thought, Shigeto Tsuru is widely recognized for his authoritative analysis of Japan's rapid economic reconstruction following its total defeat in World War II, and creator of the concept of creative defeat. He provided both a comprehensive chronology of the recovery process and a distinctive interpretation of the modern Japanese economy. Tsuru critically concluded that while Japan's creative and inspired response to its post-war challenges led to unprecedented economic success, this very success simultaneously generated a new set of persistent and complex problems within its structure.
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