Kei Wakaizumi

Japan's gross national product has been expanding at the scarcely believable rate of more than 10 percent annually. It is evident that growth of this sort means major changes in quick succession. By the mid-1970s, if Japan sustains its current economic pace and the rest of Asia also continues at its present rate, Japan's GNP would virtually equal that of all other Asian countries combined, Mainland China included. Herman Kahn has pointed out that projection of present trends will give Japanese a per capita income equal to that of Americans soon after the year 2000.