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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: Routledge
ISBN: 1317467183
Category : Business & Economics
Languages : en
Pages : 481
Get Book
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: Peter Carey
Publisher: Random House Australia
ISBN: 1740513258
Category : Biography & Autobiography
Languages : en
Pages : 130
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Book Description
In 2002, the author travelled to Japan, accompanied by his twelve-year-old son Charley, on a special kind of pilgrimage. In a stunning memoir-cum-travelogue he charts this journey, inspired by Charley's passion for manga and anime.
Author: Sébastien Lechevalier
Publisher: Routledge
ISBN: 1317974964
Category : Social Science
Languages : en
Pages : 236
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Book Description
In the 1980s the performance of Japan’s economy was an international success story, and led many economists to suggest that the 1990s would be a Japanese decade. Today, however, the dominant view is that Japan is inescapably on a downward slope. Rather than focusing on the evolution of the performance of Japanese capitalism, this book reflects on the changes that it has experienced over the past 30 years, and presents a comprehensive analysis of the great transformation of Japanese capitalism from the heights of the 1980s, through the lost decades of the 1990s, and well into the 21st century. This book posits an alternative analysis of the Japanese economic trajectory since the early 1980s, and argues that whereas policies inspired by neo-liberalism have been presented as a solution to the Japanese crisis, these policies have in fact been one of the causes of the problems that Japan has faced over the past 30 years. Crucially, this book seeks to understand the institutional and organisational changes that have characterised Japanese capitalism since the 1980s, and to highlight in comparative perspective, with reference to the ‘neo-liberal moment’, the nature of the transformation of Japanese capitalism. Indeed, the arguments presented in this book go well beyond Japan itself, and examine the diversity of capitalism, notably in continental Europe, which has experienced problems that in many ways are also comparable to those of Japan. The Great Transformation of Japanese Capitalism will appeal to students and scholars of both Japanese politics and economics, as well as those interested in comparative political economy.
Author: Gavan McCormack
Publisher: Verso Books
ISBN: 1789603110
Category : Political Science
Languages : en
Pages : 317
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Book Description
Japan is the world's No. 2 economy, greater in GDP than Britain and France together and almost double that of China. It is also the most durable, generous, and unquestioning ally of the US, attaching priority to its Washington ties over all else. In Client State, Gavan McCormack examines the current transformation of Japan, designed to meet the demands from Washington that Japan become the "Great Britain of the Far East." Exploring postwar Japan's relationship with America, he contends that US pressure has been steadily applied to bring Japan in line with neoliberal principles. The Bush administration's insistence on Japan's thorough subordination has reached new levels, and is an agenda heavily in the American, rather than the Japanese, national interest. It includes comprehensive institutional reform, a thorough revamp of the security and defense relationship with the US, and-alarmingly-vigorous pursuit of Japan's acquisition of nuclear weapons.
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: 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: 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: Jenny Zhang
Publisher: Lenny
ISBN: 0399589392
Category : Fiction
Languages : en
Pages : 320
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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
