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Book The Internationalization of the Japanese Economy

Download or read book The Internationalization of the Japanese Economy written by Chikara Higashi and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: The internationalization of the J apanese economy, or the shift from an export-Ied to a domestic demand-Ied growth, is one of the important cu ne nt developments in the world-economy. lt involves the interaction of a variety of economic, social and cultural factors which many observers outside of Japan need to appreciate in order to understand what the process entails. Drs. Higashi and Lauter have written a book which is providing de tailed insight into the policy alternatives which the Japanese government has chosen to achieve the objectives of the internationalization process. Moreover, they have also analyzed the potential problems which sur round the implementation of the complex policies. I believe that their book is a valuable addition to both the academic and the generalliterature on Japan's efforts to change its role in the world economy and to contribute to the well-being of people everywhere. Michio Watanabe Tokyo, March 1987 Minister of International Trade and Industry December 1985-July 1986 Minister of Finance July 1980-November 1982 Xl The Internationalization Of The Japanese Economy 1 THE PATH TO ECONOMIC POWER Japan, known around the world as a smalI, resource-poOf island country, has experienced a greater than tenfold increase in its gross national product (GNP) in real terms since 1950.

Book Organization  Performance and Equity

Download or read book Organization Performance and Equity written by Ryuzo Sato and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organization, Performance and Equity: Perspectives on the Japanese Economy provides an analysis of key components of the Japanese economy and business structures, edited by two leading American-based Japan scholars. The contributions to this book are grouped into four major categories: organizations; income distributions; technological progress; and macro performance. The first section examines the retail sector, the role of information in evaluating distribution systems, and ownership structures and their effect on welfare, all in the context of the Japanese economy. The second section concerns issues of Japanese tax structures, growth, and income transfers, while the third section focuses on technology and productivity. The concluding section addresses major macro issues like trade and the value of the yen.

Book Institutions  Industrial Upgrading  and Economic Performance in Japan

Download or read book Institutions Industrial Upgrading and Economic Performance in Japan written by Terutomo Ozawa and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . the book reviewed here will trigger a further interest in this area of research, and will invite more researchers to seek empirical evidence in the study of post-war industrial growth in Japan. Hiroshi Ohashi, Journal of the Japanese and International Economies This book provides a theoretically informed and empirically illustrative account of modern Japanese industrialization. Ozawa s translation of classical political economy to the Japanese context is both original and accessible and is a welcome addition to the literature on the Japanese variety of capitalism. Tim Reiffenstein, Pacific Affairs Ozawa succeeds in extending, building up, and joining the Akamatsu Kojima lineage of this unique Japan-born theory of economic development from a fresh, unconventional, and discerning perspective. From the foreword by Kiyoshi Kojima Terutomo Ozawa examines Japan s once celebrated post-war economic success from a new perspective. He applies a flying geese model of industrial upgrading in a country that is still catching-up, to explore the rise, fall and rebound of Japanese industry with its evolving institutions and policies. The book brings together and expands upon theories developed in the author's work over many years, using them as building blocks for his flying geese model. Concepts explored include: economics of hierarchical concatenation, increasing factor incongruity, comparative advantage (or market) recycling the Ricardo Hicksian trap of industrial production, Smithian growth elan, triumvirate pro-trade structural transformation knowledge creation versus knowledge diversion, the price-knowledge/industry-flow mechanism a la David Hume the syndrome of institutional incongruity, and socially justifiable moral hazard versus degenerative moral hazard. The dynamic process of industrial upgrading is analysed in detail, and important lessons for both developing and transition economies are highlighted. This fascinating book will attract a wide-ranging readership, encompassing practitioners and academics interested in international business, economic development, trade, and political science. In addition, sociologists focussing on business and industry, and researchers on, and policymakers in, developing and transition economies will also find this book of immense interest.

Book Japanese Economy In Retrospect  The  Selected Papers By Gary R Saxonhouse  In 2 Volumes

Download or read book Japanese Economy In Retrospect The Selected Papers By Gary R Saxonhouse In 2 Volumes written by Robert M Stern and published by World Scientific. This book was released on 2010-07-05 with total page 1145 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gary R Saxonhouse was one of the leading world scholars on Japanese economy. Born in New York City in 1943, he attended Yale University, where he received his PhD in Economics in 1971. He joined the Faculty of Economics at the University of Michigan beginning in 1970, where he taught throughout his career. The selection of his published papers that comprises this two-volume publication is a testimony and tribute to his remarkable accomplishments and influence that were cut short by his untimely death in November 2006, following a battle with leukemia.Volume I contains a selection of his published papers that have been instrumental in enhancing the understanding of Japan's modern economic history, focusing in particular on the Japanese cotton-spinning industry.Volume II features a selection of his published papers that look at how Japan's technology and innovation were key in promoting Japan's economic success; how its economy was shaped by its comparative advantage and related policies; and how its macro-financial policies were implemented in the course of its economic growth after World War II.

Book The Japanese Economy

    Book Details:
  • Author : Hiroaki Richard Watanabe
  • Publisher :
  • Release : 2019-10-31
  • ISBN : 9781788210515
  • Pages : 224 pages

Download or read book The Japanese Economy written by Hiroaki Richard Watanabe and published by . This book was released on 2019-10-31 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hiroaki Richard Watanabe examines the ups and downs of Japan's postwar economic history to offer an up-to-date and authoritative guide to the workings of Japan's economy. He highlights the country's distinct modes of business networks and Japan's state-market relationship.

Book Japan s Great Stagnation

Download or read book Japan s Great Stagnation written by Michael M. Hutchison and published by MIT Press. This book was released on 2006 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts on the Japanese economy examine Japan's prolonged period of economic underperformance, analyzing the ways in which the financial system, monetary policy, and international financial factors contributed to its onset and duration. After experiencing spectacular economic growth and industrial development for much of the postwar era, Japan plunged abruptly into recession in the early 1990s and since then has suffered a prolonged period of economic stagnation, from which it is only now emerging. Japan's malaise, marked by recession or weak economic activity, commodity and asset price deflation, banking failures, increased bankruptcies, and rising unemployment, has been the most sustained economic downturn seen in the industrial world since the 1930s. In Japan's Great Stagnation, experts on the Japanese economy consider key questions about the causes and effects of Japan's prolonged period of economic underperformance and what other advanced economies might learn from Japan's experience. They focus on aspects of the financial and banking system that have contributed to economic stagnation, the role of monetary policy, and the importance of international financial factors--in particular, the exchange rate and the balance of payments. Among the topics discussed are bank fragility and the inaccuracy of measuring it by the "Japan premium," the consequences of weak banking regulation, the controversial policy of "quantitative easing," and the effectiveness of currency devaluation for fighting deflation. Taken together, the contributions demonstrate the importance of a sound financial sector in fostering robust growth and healthy economies--and the enormous economic costs of a dysfunctional financial system. Contributors Yoichi Arai, Robert Dekle, Zekeriya Eser, Eiji Fujii, Kimie Harada, Takeo Hoshi, Michael M. Hutchison, Takatoshi Ito, Ken Kletzer, Nikolas Müller-Plantenberg, Kunio Okina, Joe Peek, Eric S. Rosengren, Shigenori Shiratsuka, Mark M. Spiegel, Frank Westermann, Nobuyoshi Yamori

Book In the Shadow of the Miracle

Download or read book In the Shadow of the Miracle written by Arthur J. Alexander and published by Lexington Books. This book was released on 2002 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work analyzes the sources of Japanese growth and the nature and scale of its current economic problems. It examines Japanese investment, manufacturing, research and development, the 1997-99 Asian economic crisis, and the steps being taken to address the mounting crisis.

Book The Japanese Economic Crisis

Download or read book The Japanese Economic Crisis written by Jon Woronoff and published by Springer. This book was released on 1996-10-01 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: `For years Jon Woronoff has been telling us that far from having devised some miraculous solution to the problems of capitalism, Japan remains vulnerable to crisis. For years he was either patronised or ignored by purveyors of the myth of the `Japanese miracle'. Now, however, the economic `bubble' has well and truly burst, the `miracle' looks more and more tarnished and Woronoff has the grim satisfaction of being able to say `I told you so.' - John Crump, University of York Even while Japan's supporters and apologists boasted of the 'miracle' economy, it was developing weaknesses and flaws which have undermined it. Growth is slowing, the labour force is aging and youngsters lack the old work ethic. Manufacturing is dwindling while inefficient services, distribution and agriculture fester. There are good companies, but many more mediocre ones, and even the best make slim profits. Meanwhile people are tired of long work hours and little leisure, high prices for virtually everything, inadequate housing, amenities and welfare, and a quality of life that is a poor reward for their sacrifices. This adds up to a crisis for many Japanese companies, individuals and society as a whole. It is a crisis that has been spreading rapidly since the collapse of the 'bubble' of the 1980s. And there is little hope that another 'miracle' can overcome the problems and put the economy back on track. More radical change is needed, the sort of change that is most unlikely to occur in Japan. This predicament is well known to the Japanese. But it is inadequately reflected in books for foreigners. That is why Jon Woronoff has written The Japanese Economic Crisis . Again he reveals the problems and failures, the facts and realities that others still miss but are indispensable if you want to understand the true situation.

Book The Japanese Economy in Retrospect

Download or read book The Japanese Economy in Retrospect written by Gary R. Saxonhouse and published by World Scientific. This book was released on 2010-03-01 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gary R Saxonhouse was one of the world’s leading scholars on Japanese economy. Born in New York City in 1943, he attended Yale University, where he received his PhD in Economics in 1971. In 1970, he joined the Faculty of Economics at the University of Michigan, where he remained throughout his career. The selection of his published papers that comprises this two-volume publication is a testimony and tribute to his remarkable accomplishments and influence, which were cut short by his untimely death in November 2006, following a battle with leukemia. Volume I contains a selection of his published papers that have been instrumental in enhancing the understanding of Japan's modern economic history, focusing particularly on the Japanese cotton-spinning industry. Volume II features a selection of his published papers that look at how Japan's technology and innovation were key in promoting Japan's economic success; how its economy was shaped by its comparative advantage and related policies; and how its macro-financial policies were implemented in the course of its economic growth after World War II.

Book The Postwar Japanese System

Download or read book The Postwar Japanese System written by William K. Tabb and published by Oxford University Press. This book was released on 1995-04-20 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: While other industrialized and developing countries look towards Japan as an economic model, the political, cultural, and social arrangements that have so far allowed Japan to succeed are eroding. In particular, Japan faces a system of industrial relations that places great strain on all of Japanese society. In The Postwar Japanese System, William Tabb distinguishes between those aspects of Japanese success that can and cannot be transferred successfully to help in the revitalization of the American economy. The author discusses Japanese economic history from before the Meiji Restoration to the present, and looks at Japanese politics, state-corporate relations, the labor relations system in Japan and the nature of work as experienced by Japanese employees. He examines the organization of the Japanese corporation versus the American corporation, industrial policy, education, urban and regional reorganization, and Japan's role in the world today (and tomorrow). And, Tabb thoughtfully explores the fundamental social, political, and economic transitions the Japanese are currently experiencing. The Postwar Japanese System succeeds in placing the economic "miracle" in its proper social and political framework. A broad, intelligent overview of the Japanese political economy, the book suggests important implications for the United States in the story of Japan's prosperity and current distress. It will be a key resource for all those interested in Japanese society.

Book Japan s New Global Role

Download or read book Japan s New Global Role written by Edward J. Lincoln and published by Brookings Institution Press. This book was released on 1993 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Japan's New Global Role is not only good reading, but international economics made interesting. Lincoln gives a very clear and perceptive analysis of the major changes that have occurred in Japan in the past decade.'--Tokyo Business Today

Book Japanese Economics and Economists Since 1945

Download or read book Japanese Economics and Economists Since 1945 written by Aiko Ikeo and published by Routledge. This book was released on 2002-09-26 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading Japanese scholars present an objective study of Japanese economics since 1945, based on statistical data and analysis. It presents a wealth of original empirical data, and a new perspective on international economic theory.

Book Japan s Economic Challenge

Download or read book Japan s Economic Challenge written by Michael Keresztesi and published by Routledge. This book was released on 2018-10-26 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1988, assembles a key pool of references in English to help study the ‘Japanese economic challenge’ of the 1980s. Collectively, these writings chronicle the historical, social and cultural background of Japan’s spectacular industrial take-off. They describe, analyse and interpret the diverse manifestations of Japan’s economic growth.

Book The Japanese Economy in Retrospect

Download or read book The Japanese Economy in Retrospect written by Gary R. Saxonhouse and published by World Scientific. This book was released on 2010 with total page 747 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gary R Saxonhouse was one of the leading world scholars on Japanese economy. Born in New York City in 1943, he attended Yale University, where he received his PhD in Economics in 1971. He joined the Faculty of Economics at the University of Michigan beginning in 1970, where he taught throughout his career. The selection of his published papers that comprises this two-volume publication is a testimony and tribute to his remarkable accomplishments and influence that were cut short by his untimely death in November 2006, following a battle with leukemia. Volume I contains a selection of his published papers that have been instrumental in enhancing the understanding of Japan's modern economic history, focusing in particular on the Japanese cotton-spinning industry. Volume II features a selection of his published papers that look at how Japan's technology and innovation were key in promoting Japan's economic success; how its economy was shaped by its comparative advantage and related policies; and how its macro-financial policies were implemented in the course of its economic growth after World War II

Book The Japanese Economy During the Great Depression

Download or read book The Japanese Economy During the Great Depression written by Masato Shizume and published by Springer Nature. This book was released on 2021-09-25 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a systematic explanation of a remarkable policy innovation in an emerging economy in the modern world. In doing so, it highlights the nature of the Japanese economy during the interwar period. It offers a canonical case study for an international macroeconomic policy of a small and open economy. Readers can draw lessons from the Japanese experience in the 1930s, recalling what kinds of challenges policymakers faced in a crisis situation, what they can do, and what they should not do. As a whole, it is a novel reference both for scholars in economic history and international economics and for policymakers all over the world. A comprehensive and clear-cut picture of the Japanese economy during the Great Depression in the 1930s is presented, including the policy innovations brought about by an iconoclastic finance minister, Korekiyo Takahashi, at that time. To this end, the book integrates the narrative analysis based on newly available archival documents and the quantitative analysis based on newly constructed macroeconomic data and contemporary econometric methodologies. This work shows how Japan escaped from the depression in its early stage. It illustrates a transmission mechanism of the macroeconomic stimulus package of currency depreciation, easy money, and fiscal expansion. As well, it argues that the key for economic recovery was currency depreciation and that expectations played a pivotal role in ending deflation and kick-starting economic recovery. Also contained here is an exploration of politico-economic interaction in the shaping of economic policy and the long-term consequences of policy actions such as departure from the gold standard and initiation of the government debt finance by the central bank. It is shown that the collapse of the international gold standard and the lack of governance of military spending resulted in a loss of fiscal discipline in the long run.

Book Global Change

Download or read book Global Change written by T. Inoguchi and published by Springer. This book was released on 2001-04-17 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines global change from a dialectical perspective. Looking at global change in terms of unipolarisation in international security, globalisation in the world economy, and democratisation in global governance, the volume provides a refreshingly Japanese angle on addressing complex interplays between the social forces underlying these themes. The book is indispensable reading for undergraduate and graduate students or IR theory, international security, international political economy, and global governance, as well as American and Japanese foreign policy.