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The article focuses on the economic consequences of World War II on East Asian countries. The war introduced a large number of structural and economic changes in the economies of the Far Eastern countries including Australia, Japan, and Malaya. The region has experienced changes in the distribution of industrial capacity and output, dislocation in the production pattern of agriculture and raw materials, dislocation of trade, migration, changes in labor supply, and disorganization of public fiances during the war. It is noted that these changes should be considered by economists while conducting an economic analysis of these countries.