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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: Sébastien Lechevalier
Publisher: Routledge
ISBN: 1317974964
Category : Social Science
Languages : en
Pages : 236
Get Book
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: Tessa Morris-Suzuki
Publisher: Routledge
ISBN: 1315491842
Category : Juvenile Nonfiction
Languages : en
Pages : 256
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Book Description
This book introduces students of the Japanese economy to a broad range of critical contemporary Marxian analyses by Japanese economists. Each of the five essays - on economic policy, agriculture, big business, labour relations, and foreign trade and investment - is written by a specialist in the field. The introduction places the essays in the wider context of contrasting theories of Japanese economic development. While such writings constitute an important part of the economic literature in Japan, virtually none of the great body of Marxian writing on Japanese capitalism has heretofore been available in English.
Author: Michael A. Witt
Publisher: Cambridge University Press
ISBN: 1139461052
Category : Business & Economics
Languages : en
Pages : 191
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Book Description
Economic crisis tends to spur change in the 'rules of the game' - the 'institutions' - that govern the economic activity of firms and employees. But after more than a decade of economic pain following the burst of the Japanese Bubble Economy of the 1980s, the core institutions of Japanese capitalism have changed little. In this systematic and holistic assessment of continuity and change in the central components of Japanese capitalism, Michael A. Witt links this slow institutional change to a confluence of two factors: high levels of societal co-ordination in the Japanese political economy, and low levels of deviant behaviour at the level of individuals, firms, and organizations. He identifies social networks permeating Japanese business as a key enabler of societal co-ordination and an obstacle to deviancy, and sheds light on a pervasive but previously under-explored type of business networks, intra-industry loops. Includes a foreword by Gordon Redding.
Author: Steven Kent Vogel
Publisher: Cornell University Press
ISBN: 9780801473715
Category : Capitalism
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: M. Itoh
Publisher: Springer
ISBN: 0230503241
Category : Business & Economics
Languages : en
Pages : 153
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Book Description
The Japanese economy has shown paradoxical changes. Its successes in forming a company-centred society generated the long downturn toward zero-growth capitalism. Successful spread of information technologies resulted in deterioration of economic life among working people and a wide fall in birth rate. At the zenith of the Japanese model of company system, a huge bubble swelled, so as to prepare a prolonged depression throughout the 1990s. Neoliberalism with spiral reversal of capitalist development toward more competitive markets rather promoted difficulties among people. A lucid reconsideration of neoliberalism through concrete Japanese experiences.
Author: Karl Polanyi
Publisher: Random House
ISBN: 1802065164
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
Tracing the history of capitalism in England and beyond, Karl Polanyi's landmark 1944 classic brilliantly exposed the myth of laissez-faire economics. From the great transformation that occurred during the industrial revolution onwards, he showed, there has been nothing 'natural' about the market state. Instead, the economy must always be embedded in society, and human needs and relations. Witnessing the 'avalanche of social dislocation' of his time - from the Great Depression, to the rise of fascism and communism and the First and Second World Wars - Polanyi ends with a rallying cry for freedom, and a passionate vision to protect our common humanity.
Author: Robert Boyer
Publisher: Routledge
ISBN: 1136651136
Category : Business & Economics
Languages : en
Pages : 418
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Book Description
Among a vast literature on the Asian economies, the book proposes a distinctive approach, inspired by Régulation Theory, in order to understand the current transformations of the Asian economies. The book follows their transformations after the 1997 Asian crisis until the subprime crisis. During this period, the viability of their growth regime was to coherence of five basic institutional forms: the degree of competition and insertion into the world economy, the nature of labour market organization, the monetary and exchange rate regimes and finally the style for State intervention via legislation, public spending and tax. The book provides new findings. The degree of financial liberalization and opening to the world economy largely determines the severity of the 2008-2009 recession and the political-economic reactions of each Asian countries to the subprime crisis. Asian capitalisms are distinct from American and European ones, but they are quite diverse among themselves, and this differentiation has been widening during the last decade. This book will help to shed light on a de facto regional economic integration is taking place in Asia, but unsolved past political conflicts do hinder the institutionalisation of these interdependencies.
Author: Tessa Morris-Suzuki
Publisher: M.E. Sharpe
ISBN: 9780873325516
Category : Business & Economics
Languages : en
Pages : 238
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Book Description
A collection of critical Marxian analyses by Japanese economists assessing aspects of the Japanese economy. Considered to be an important contribution to Japanese economic literature, these opinions on Japanese capitalism have not been available in Engish until now.
Author: Gavin Walker
Publisher: Duke University Press
ISBN: 082237420X
Category : Political Science
Languages : en
Pages : 264
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Book Description
In The Sublime Perversion of Capital Gavin Walker examines the Japanese debate about capitalism between the 1920s and 1950s, using it as a "prehistory" to consider current discussions of uneven development and contemporary topics in Marxist theory and historiography. Walker locates the debate's culmination in the work of Uno Kōzō, whose investigations into the development of capitalism and the commodification of labor power are essential for rethinking the national question in Marxist theory. Walker's analysis of Uno and the Japanese debate strips Marxist historiography of its Eurocentric focus, showing how Marxist thought was globalized from the start. In analyzing the little-heralded tradition of Japanese Marxist theory alongside Marx himself, Walker not only offers new insights into the transition to capitalism, the rise of globalization, and the relation between capital and the formation of the nation-state; he provides new ways to break Marxist theory's impasse with postcolonial studies and critical theory.
Author: Shigeto Tsuru
Publisher: Cambridge University Press
ISBN: 9780521576215
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
An authoritative account of Japan's economic resconstruction after World War II.
