In the three decades of economic development following 1960, Japan ignored defense spending in favor of economic growth,[REF][REF] thus allowing for a rapid economic growth referred to as the Japanese post-war economic miracle.
Although 1.0% annual GDP growth is considered an aberration, Theodore Breton shows that this is the expected growth rate for a country with a shrinking work force and rates of investment in physical and human capital that have not increased since the 1970s [REF].