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Author: Steven Kent Vogel
Publisher: Cornell University Press
ISBN: 9780801444494
Category : Business & Economics
Languages : en
Pages : 284
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Book Description
As the Japanese economy languished in the 1990s Japanese government officials, business executives, and opinion leaders concluded that their economic model had gone terribly wrong. They questioned the very institutions that had been credited with Japan's past success: a powerful bureaucracy guiding the economy, close government-industry ties, "lifetime" employment, the main bank system, and dense interfirm networks. Many of these leaders turned to the U.S. model for lessons, urging the government to liberate the economy and companies to sever long-term ties with workers, banks, suppliers, and other firms.Despite popular perceptions to the contrary, Japanese government and industry have in fact enacted substantial reforms. Yet Japan never emulated the American model. As government officials and industry leaders scrutinized their options, they selected reforms to modify or reinforce preexisting institutions rather than to abandon them. In Japan Remodeled, Steven Vogel explains the nature and extent of these reforms and why they were enacted.Vogel demonstrates how government and industry have devised innovative solutions. The cumulative result of many small adjustments is, he argues, an emerging Japan that has a substantially redesigned economic model characterized by more selectivity in business partnerships, more differentiation across sectors and companies, and more openness to foreign players.
Author: Steven Kent Vogel
Publisher: Cornell University Press
ISBN: 9780801444494
Category : Business & Economics
Languages : en
Pages : 284
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Book Description
As the Japanese economy languished in the 1990s Japanese government officials, business executives, and opinion leaders concluded that their economic model had gone terribly wrong. They questioned the very institutions that had been credited with Japan's past success: a powerful bureaucracy guiding the economy, close government-industry ties, "lifetime" employment, the main bank system, and dense interfirm networks. Many of these leaders turned to the U.S. model for lessons, urging the government to liberate the economy and companies to sever long-term ties with workers, banks, suppliers, and other firms.Despite popular perceptions to the contrary, Japanese government and industry have in fact enacted substantial reforms. Yet Japan never emulated the American model. As government officials and industry leaders scrutinized their options, they selected reforms to modify or reinforce preexisting institutions rather than to abandon them. In Japan Remodeled, Steven Vogel explains the nature and extent of these reforms and why they were enacted.Vogel demonstrates how government and industry have devised innovative solutions. The cumulative result of many small adjustments is, he argues, an emerging Japan that has a substantially redesigned economic model characterized by more selectivity in business partnerships, more differentiation across sectors and companies, and more openness to foreign players.
Author: Steven Kent Vogel
Publisher: Cornell University Press
ISBN: 9780801473715
Category : Business & Economics
Languages : en
Pages : 276
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Book Description
As the Japanese economy languished in the 1990s Japanese government officials, business executives, and opinion leaders concluded that their economic model had gone terribly wrong. They questioned the very institutions that had been credited with Japan's past success: a powerful bureaucracy guiding the economy, close government-industry ties, "lifetime" employment, the main bank system, and dense interfirm networks. Many of these leaders turned to the U.S. model for lessons, urging the government to liberate the economy and companies to sever long-term ties with workers, banks, suppliers, and other firms.Despite popular perceptions to the contrary, Japanese government and industry have in fact enacted substantial reforms. Yet Japan never emulated the American model. As government officials and industry leaders scrutinized their options, they selected reforms to modify or reinforce preexisting institutions rather than to abandon them. In Japan Remodeled, Steven Vogel explains the nature and extent of these reforms and why they were enacted.Vogel demonstrates how government and industry have devised innovative solutions. The cumulative result of many small adjustments is, he argues, an emerging Japan that has a substantially redesigned economic model characterized by more selectivity in business partnerships, more differentiation across sectors and companies, and more openness to foreign players.
Author: Umakanth Varottil
Publisher: Cambridge University Press
ISBN: 1108170978
Category : Law
Languages : en
Pages : 545
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Book Description
While Western economies generally display dispersed shareholding in listed companies, Asian economies commonly have concentrated shareholding also in publicly listed companies. The principal analysis in Comparative Takeover Regulation relates to the role of takeover regulation in different economies. In the Asian context, the nature of takeover regulation may necessitate a different approach, with greater emphasis on the mandatory bids and disclosure of substantial shareholding. The likelihood of hostile takeovers will be minimal. It is these differences among various jurisdictions that strike at the heart of Varottil and Wan's new work. Ideal for educational institutions that teach corporate law, corporate governance, and mergers and acquisitions, as well as for law firms, corporate counsel and other practitioners, Comparative Takeover Regulation provides students and scholars with brand new analysis of this increasingly important field of study.
Author: Marie Söderberg
Publisher: Routledge
ISBN: 113518125X
Category : Business & Economics
Languages : en
Pages : 234
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Book Description
For some time Japan has been under fire for adjusting too slowly to new realities. While this criticism may be valid on some levels, Japan has been transforming in tandem with both regional and global forces. However, these changes have been largely overshadowed by the immense changes in Asia; including the rise of China, the 1997 Southeast Asian financial crisis and North Korea's development of nuclear weapons. Has Japan, the world's second largest economy, only been muddling through? In this volume the contributors show that although the challenges faced are great, Japan is changing in areas ranging from political leadership, education policy, official development assistance, peace building and security, to defence production, business associations and innovation policy. The book analyses processes of change, focusing on the dynamics of change - rather than structural change or institutional change per se - from four levels: the individual, domestic, regional and global. Forces from outside Japan, such as a changing world order and changes in power relationships in Asia, have driven change along with pressures emerging within Japan, such as the increasing power of public opinion and competitiveness within markets. This book will be of interest to scholars and students of Japanese and Asian Studies, Politics, International Relations, Globalization, Business and Economics.
Author: Nana Okura Gagné
Publisher: Cornell University Press
ISBN: 1501753045
Category : Social Science
Languages : en
Pages : 191
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Book Description
Reworking Japan examines how the past several decades of neoliberal economic restructuring and reforms have challenged Japan's corporate ideologies, gendered relations, and subjectivities of individual employees. With Japan's remarkable economic growth since the 1950s, the lifestyles and life courses of "salarymen" came to embody the "New Middle Class" family ideal. However, the nearly three decades of economic stagnation and reforms since the bursting of the economic bubble in the early 1990s has intensified corporate retrenchment under the banner of neoliberal restructuring and brought new challenges to employees and their previously protected livelihoods. In a sweeping appraisal of recent history, Gagné demonstrates how economic restructuring has reshaped Japanese corporations, workers, and ideals, as well as how Japanese companies and employees have resisted and actively responded to such changes. Gagné explores Japan's fraught and problematic transition from the postwar ideology of "companyism" to the emergent ideology of neoliberalism and the subsequent large-scale economic restructuring. By juxtaposing Japan's economic transformation with an ethnography of work and play, and individual life histories, Gagné goes beyond the abstract to explore the human dimension of the neoliberal reforms that have impacted the nation's corporate governance, socioeconomic class, workers' subjectivities, and family relations. Reworking Japan, with its firsthand analysis of how the supposedly hegemonic neoliberal regime does not completely transform existing cultural frames and social relations, will shake up preconceived ideas about Japanese men and the social effects of neoliberalism.
Author: Richard J. Samuels
Publisher: Cornell University Press
ISBN: 080145798X
Category : Political Science
Languages : en
Pages : 296
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Book Description
For the past sixty years, the U.S. government has assumed that Japan's security policies would reinforce American interests in Asia. The political and military profile of Asia is changing rapidly, however. Korea's nuclear program, China's rise, and the relative decline of U.S. power have commanded strategic review in Tokyo just as these matters have in Washington. What is the next step for Japan's security policy? Will confluence with U.S. interests—and the alliance—survive intact? Will the policy be transformed? Or will Japan become more autonomous? Richard J. Samuels demonstrates that over the last decade, a revisionist group of Japanese policymakers has consolidated power. The Koizumi government of the early 2000s took bold steps to position Japan's military to play a global security role. It left its successor, the Abe government, to further define and legitimate Japan's new grand strategy, a project well under way-and vigorously contested both at home and in the region. Securing Japan begins by tracing the history of Japan's grand strategy—from the Meiji rulers, who recognized the intimate connection between economic success and military advance, to the Konoye consensus that led to Japan's defeat in World War II and the postwar compact with the United States. Samuels shows how the ideological connections across these wars and agreements help explain today's debate. He then explores Japan's recent strategic choices, arguing that Japan will ultimately strike a balance between national strength and national autonomy, a position that will allow it to exist securely without being either too dependent on the United States or too vulnerable to threats from China. Samuels's insights into Japanese history, society, and politics have been honed over a distinguished career and enriched by interviews with policymakers and original archival research. Securing Japan is a definitive assessment of Japanese security policy and its implications for the future of East Asia.
Author: Jeff Kingston
Publisher: Routledge
ISBN: 1317861914
Category : History
Languages : en
Pages : 229
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Book Description
Since 1945, Japan has successfully reinvented itself, rising from the ashes of defeat to become a peaceful and prosperous nation. It is seen as an inspiration for other developing nations and contributes significantly to global development. As the third largest economy in the world, with a reputation for technological innovation and cultural creativity, Japan is a country shaping the world we live in. In this new edition of Japan in Transformation, Jeffrey Kingston explores the character of the nation as it has evolved since the end of the Second World War. The book: - examines the US Occupation and explains the causes of the economic miracle and its demise - evaluates the effect of the Lost Decade of the 1990s and the unravelling of the Japan, Inc system that prevailed in the twentieth century - analyses such central and topical issues as the demographic crisis, regional relations, security concerns, political change and the role of women Expanded and thoroughly revised to cover the period of 1945 to 2010, this second edition of Japan in Transformation provides a succinct and comprehensive study of the recent history of one of the most dynamic nations in the modern world.
Author: Saori N. Katada
Publisher: Columbia University Press
ISBN: 0231549083
Category : Political Science
Languages : en
Pages : 218
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Book Description
Since the mid-1990s, Japan’s regional economic strategy has transformed. Once characterized by bilateralism, informality, and neomercantilism, Japanese policy has shifted to a new liberal strategy emphasizing regional institution building and rule setting. As two major global powers, China and the United States, wrestle over economic advantages, Japan currently occupies a pivotal position capable of tipping the geoeconomic balance in the region. Japan’s New Regional Reality offers a comprehensive analysis of Japan’s geoeconomic strategy that reveals the country’s role in shaping regional economic order in the Asia-Pacific. Saori N. Katada explains Japanese foreign economic policy in light of both international and domestic dynamics. She points out the hurdles to implementing a state-led liberal strategy, detailing how domestic political and institutional changes have been much slower and stickier than the changing regional economics. Katada highlights state-market relations and shows how big businesses have responded to the country’s interventionist policies. The book covers a wide range of economic issues including trade, investment, finance, currency, and foreign aid. Japan’s New Regional Reality is a meticulously researched study of the dynamics that have contributed to economic and political realities in the Asia-Pacific today, with significant implications for future regional trends.
Author: Myles Carroll
Publisher: BRILL
ISBN: 9004466533
Category : Business & Economics
Languages : en
Pages : 276
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Book Description
In The Making of Modern Japan, Myles Carroll offers a sweeping account of post-war Japanese political economy, exploring the transition from the post-war boom to the crisis of today and the connections between these seemingly discrete periods. Carroll explores the multifarious international and domestic political, economic, social and cultural conditions that fortified Japan’s post-war hegemonic order and enabled decades of prosperity and stability. Yet since the 1990s, a host of political, economic, social and cultural changes has left this same hegemonic order out of step with the realities of the contemporary world, a contradiction that has led to three decades of crisis in Japanese society. Can Japan make the bold changes required to reverse its decline?
Author: Leonard J. Schoppa
Publisher: University of Toronto Press
ISBN: 1442695439
Category : Political Science
Languages : en
Pages : 241
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Book Description
In August 2009, the Democratic Party of Japan (DPJ) won a crushing victory over the Liberal Democratic Party (LDP), thus bringing to an end over fifty years of one-party dominance. Around the world, the victory of the DPJ was seen as a radical break with Japan's past. However, this dramatic political shift was not as sudden as it appeared, but rather the culmination of a series of changes first set in motion in the early 1990s. The Evolution of Japan's Party System analyses the transition by examining both party politics and public policy. Arguing that these political changes were evolutionary rather than revolutionary, the essays in this volume discuss how older parties such as the LDP and the Japan Socialist Party failed to adapt to the new policy environment of the 1990s. Taken as a whole, The Evolution of Japan's Party System provides a unique look at party politics in Japan, bringing them into a comparative conversation that usually focuses on Europe and North America.
