Osamu Shimomura (economist)

Biographical Overview & Key Facts

Subject:

Osamu Shimomura (economist)

Role / Field:

Pioneering Japanese economist, credited as the 'father of the Japanese economic miracle.'

Born:

1910-11-27

Died:

1989-06-29

Century / Era:

1910s Historical Era

Database Source:

2Day Chrono-Wiki & Wikipedia CC BY-SA 4.0

Origins & Early Life

Osamu Shimomura (下村 治 Shimomura Osamu, 1910 – November 27, 1989), born in Saga Prefecture, Kitagawa Village, was a Japanese economist considered to be the "father of the Japanese economic miracle". Upon graduation from the Economics Faculty of Tokyo Imperial University in 1934, he joined the Economic Stabilization Board of Japan until his retirement in 1959.

Career & Major Achievements

In 1956, he received his Ph.D. in economics from Tohoku University with the doctoral thesis "Multiplier analysis of economic fluctuations." A key advisor to Prime Minister Hayato Ikeda, Shimomura was the primary architect of Ikeda's famous Income Doubling Plan of 1960, and played a central role in economic planning during Ikeda's time in office, helping lay the foundation for Japan's high-speed economic growth during the 1960s. From 1960 to 1966, he served as Director of the National Kimono Fund Corporation, Japan Development Bank Director, and Chairman of the Japanese Economic Research Institute.

Enduring Legacy & Impact

In 1981, he received the Second Class Order of the Rising Sun. Dr. Shimomura died in 1989.

Chronological Milestones & Life Events

1. 1910 (1910-11-27): Birth of Osamu Shimomura (economist) — Pioneering Japanese economist, credited as the 'father of the Japanese economic miracle.'
2. 1934: 1934 Milestone — Upon graduation from the Economics Faculty of Tokyo Imperial University in 1934, he joined the Economic Stabilization Board of Japan until his retirement in 1959.
3. 1960: 1960 Milestone — " A key advisor to Prime Minister Hayato Ikeda, Shimomura was the primary architect of Ikeda's famous Income Doubling Plan of 1960, and played a central role in economic planning during Ikeda's time in office, helping lay the foundation for Japan's high-speed economic growth during the 1960s.
4. 1981: 1981 Milestone — In 1981, he received the Second Class Order of the Rising Sun.
5. 1989 (1989-06-29): Passing & Historical Legacy — Osamu Shimomura (economist) passed away on 1989-06-29, leaving an enduring historical legacy.

Historical Fact-Check Quiz: Osamu Shimomura (economist)

True or False: “Osamu Shimomura was primarily known for his work in theoretical physics rather than economics.”

Answer (FALSE ❌): He is recognized as a leading Japanese economist and the architect of key post-war economic plans.

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• 1910 Historical Timeline & Archive — Explore world events and figures from 1910
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Frequently Asked Questions about Osamu Shimomura (economist)