Did the Washington Naval Treaty save the Japanese economy?
Short answerYes, it helped avert ruinous naval spending, but Japan could still resent the terms; a 10:7 ratio might have provided both restraint and greater security.
NotesContinuing unrestricted construction risked exhausting Japanese finances. A 10:7 settlement could still have delivered savings by slowing the existing program while avoiding some of the resentment created by the historical 5:3 outcome.