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Author: Richard Katz
Publisher: Routledge
ISBN: 1317467175
Category : Business & Economics
Languages : en
Pages : 410
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Book Description
After seven long years of economic malaise, it is clear that something has gone awry in Japan. Unless Japan undertakes sweeping reform, official forecasts now warn, growth will steadily dwindle. How could the world's most acclaimed economic miracle have stumbled so badly? As this important book explains, the root of the problem is that Japan is still mired in the structures, policies, and mental habits of the 1950s-1960s. Four decades ago while in the "catch-up" phase of its economic evolution, policies that gave rise to "Japan, Inc". made a lot of sense. By the 1970s and 1980s, when Japan had become a more mature economy, "catch-up economics" had become passe, even counterproductive. Even worse, in response to the oil shocks, Japan increasingly used its industrial policy tools. not to promote "winners", but to shield "losers" from competition at home and abroad. Japan's well-known aversion to imports is part and parcel of this politically understandable, but economically self-defeating, pattern. The end result is a deformed "dual economy" unique in the industrial world. Now this "dualism" is sapping the strength of the entire economy. The protection of the weak is driving Japan's most inefficient companies to invest offshore instead of at home. Without sweeping reform, real recovery will prove elusive. The challenging thesis articulated in this book is receiving widespread media attention in the United States and Japan and is sure to provoke continuing debate and controversy.
Author: Richard Katz
Publisher: Routledge
ISBN: 1317467175
Category : Business & Economics
Languages : en
Pages : 410
Get Book Here
Book Description
After seven long years of economic malaise, it is clear that something has gone awry in Japan. Unless Japan undertakes sweeping reform, official forecasts now warn, growth will steadily dwindle. How could the world's most acclaimed economic miracle have stumbled so badly? As this important book explains, the root of the problem is that Japan is still mired in the structures, policies, and mental habits of the 1950s-1960s. Four decades ago while in the "catch-up" phase of its economic evolution, policies that gave rise to "Japan, Inc". made a lot of sense. By the 1970s and 1980s, when Japan had become a more mature economy, "catch-up economics" had become passe, even counterproductive. Even worse, in response to the oil shocks, Japan increasingly used its industrial policy tools. not to promote "winners", but to shield "losers" from competition at home and abroad. Japan's well-known aversion to imports is part and parcel of this politically understandable, but economically self-defeating, pattern. The end result is a deformed "dual economy" unique in the industrial world. Now this "dualism" is sapping the strength of the entire economy. The protection of the weak is driving Japan's most inefficient companies to invest offshore instead of at home. Without sweeping reform, real recovery will prove elusive. The challenging thesis articulated in this book is receiving widespread media attention in the United States and Japan and is sure to provoke continuing debate and controversy.
Author: Richard Katz
Publisher: Routledge
ISBN: 1317467183
Category : Business & Economics
Languages : en
Pages : 481
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Book Description
After seven long years of economic malaise, it is clear that something has gone awry in Japan. Unless Japan undertakes sweeping reform, official forecasts now warn, growth will steadily dwindle. How could the world's most acclaimed economic miracle have stumbled so badly? As this important book explains, the root of the problem is that Japan is still mired in the structures, policies, and mental habits of the 1950s-1960s. Four decades ago while in the "catch-up" phase of its economic evolution, policies that gave rise to "Japan, Inc". made a lot of sense. By the 1970s and 1980s, when Japan had become a more mature economy, "catch-up economics" had become passe, even counterproductive. Even worse, in response to the oil shocks, Japan increasingly used its industrial policy tools. not to promote "winners", but to shield "losers" from competition at home and abroad. Japan's well-known aversion to imports is part and parcel of this politically understandable, but economically self-defeating, pattern. The end result is a deformed "dual economy" unique in the industrial world. Now this "dualism" is sapping the strength of the entire economy. The protection of the weak is driving Japan's most inefficient companies to invest offshore instead of at home. Without sweeping reform, real recovery will prove elusive. The challenging thesis articulated in this book is receiving widespread media attention in the United States and Japan and is sure to provoke continuing debate and controversy.
Author: Richard Katz
Publisher: M.E. Sharpe
ISBN: 9780765610737
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
Table of contents
Author: Yasusuke Murakami
Publisher: Stanford University Press
ISBN: 0804735190
Category : Business & Economics
Languages : en
Pages : 509
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Book Description
In his final work, Murakami confronts three crucial questions: How and in what form can a harmonious and stable post-cold-war world order be created? How can the world maintain the necessary economic performance while minimizing conflicts and environmental deterioration? What must be done to safeguard the freedoms of all peoples?
Author: R. Taggart Murphy
Publisher: W. W. Norton & Company
ISBN: 9780393316575
Category : Business & Economics
Languages : en
Pages : 356
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Book Description
Discusses how America went from being the world's largest creditor to world's largest debtor in the eight years between 1980 and 1988, due to excessive borrowing from Japan during the Reagan presidency.
Author: Jenny Zhang
Publisher: Lenny
ISBN: 0399589392
Category : Fiction
Languages : en
Pages : 321
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Book Description
A sly debut story collection that conjures the experience of adolescence through the eyes of Chinese American girls growing up in New York City—for readers of Zadie Smith and Helen Oyeyemi. Winner of the Los Angeles Times Book Prize • Winner of the PEN/Robert W. Bingham Prize for Debut Fiction • Finalist for the New York Public Library’s Young Lions Fiction Award NAMED ONE OF THE BEST BOOKS OF THE YEAR BY The New Yorker • NPR • O: The Oprah Magazine • The Guardian • Esquire • New York • BuzzFeed A fresh new voice emerges with the arrival of Sour Heart, establishing Jenny Zhang as a frank and subversive interpreter of the immigrant experience in America. Her stories cut across generations and continents, moving from the fraught halls of a public school in Flushing, Queens, to the tumultuous streets of Shanghai, China, during the Cultural Revolution of the 1960s. In the absence of grown-ups, latchkey kids experiment on each other until one day the experiments turn violent; an overbearing mother abandons her artistic aspirations to come to America but relives her glory days through karaoke; and a shy loner struggles to master English so she can speak to God. Narrated by the daughters of Chinese immigrants who fled imperiled lives as artists back home only to struggle to stay afloat—dumpster diving for food and scamming Atlantic City casino buses to make a buck—these seven stories showcase Zhang’s compassion, moral courage, and a perverse sense of humor reminiscent of Portnoy’s Complaint. A darkly funny and intimate rendering of girlhood, Sour Heart examines what it means to belong to a family, to find your home, leave it, reject it, and return again. Praise for Sour Heart “[Jenny Zhang’s] coming-of-age tales are coarse and funny, sweet and sour, told in language that’s rough-hewn yet pulsating with energy.”—USA Today “One of the knockout fiction debuts of the year.”—New York “Compelling writing about what it means to be a teenager . . . It’s brilliant, it’s dark, but it’s also humorous and filled with love.”—Isaac Fitzgerald, Today “[A] combustible collection . . . in a class of its own.”—Booklist (starred review) “Gorgeous and grotesque . . . [a] tremendous debut.”—Slate
Author: Ryozo Himino
Publisher: Springer Nature
ISBN: 9811595984
Category : Business & Economics
Languages : en
Pages : 127
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Book Description
This open access book provides a readable narrative of the bubbles and the banking crisis Japan experienced during the two decades between the late 1980s and the early 2000s. Japan, which was a leading competitor in the world’s manufacturing sector, tried to transform itself into an economy with domestic demand-led mature growth, but the ensuing bubbles and crisis instead made the country suffer from chronicle deflation and stagnation. The book analyses why the Japanese authorities could not avoid making choices that led to this outcome. The chapters are based on the lectures to regulators from emerging economies delivered at the Global Financial Partnership Center of the Financial Services Agency of Japan.
Author: Walter Hatch
Publisher: Cambridge University Press
ISBN: 9780521565158
Category : Business & Economics
Languages : en
Pages : 302
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Book Description
Comprehensive and controversial, this book critically examines Japan's economic presence in Asia.
Author: Marvin J. Wolf
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 352
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Book Description
Author: Ulrike Schaede
Publisher:
ISBN: 9781383019094
Category : Capitalism
Languages : en
Pages : 0
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Book Description
Ulrike Schaede examines the effect that the reduced role of government regulation in Japanese industry is having on the openness of Japanese markets to foreign competition.
