Center for strategic and international studies at University of Baghdad hosted the Ambassador of Japan in Iraq Mr. Fumio Iwai who delivered a lecture entitled “the Japanese experience after World War II and the lessons learned” in the presence of director of the center and a number of professors and researchers. Mr. Fumio Iwai described Japan’s postwar situation which is a country that lost more than 3 million Japanese citizens in a war that turned most cities to ruin but it managed to overcome numerous challenges after adopting reform plans. The Emperor of japan declared after 1945 that “the nation should devote its power to build a better future” so in order to address the problem of reproduction in the industrial sector, the start made up a “production priority plan” so that to devote all State financial and human resources available to invest in coal, iron and steel industries rapidly, but unfortunately this priority system contributed to inflation. Then in 1949 the renowned banker Joseph Dodge arrived and he worked on to cancel subsidies, loans to balance the budget, but this policy led to a great economic recession where half a million workers were laid off. The Japanese Ambassador stated that the spirit of loyalty to the country enabled his ancestors to rebuild their country after the independence of Japan and to achieve rapid growth in the late 1950s and Japan was able to rebuild, adding that in 1964 the Olympic Games were held for the first time in Asia in Tokyo.