The Income Doubling Plan (Japanese: 所得倍増計画, Hepburn: Shotoku Baizō Keikaku) was a long-term economic development plan initiated by Japanese prime minister Hayato Ikeda in the fall of 1960. The plan called for doubling the size of Japan's economy in ten years through a combination of tax breaks, targeted investment, an expanded social safety net, and incentives to increase exports and industrial development.
The Income Doubling Plan (Japanese: 所得倍増計画, Hepburn: Shotoku Baizō Keikaku) was a long-term economic development plan initiated by Japanese prime minister Hayato Ikeda in the fall of 1960. The plan called for doubling the size of Japan's economy in ten years through a combination of tax breaks, targeted investment, an expanded social safety net, and incentives to increase exports and industrial development.
Source: Wikipedia "Income Doubling Plan" · CC BY-SA 4.0
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