Download or read book Structural Impediments to Growth in Japan written by Magnus Blomstrom and published by University of Chicago Press. This book was released on 2007-11-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Japan's decade-long economic stagnation continues, there has been much analysis of the immediate macroeconomic problems that confront the Japanese economy. This book looks past the short-run challenges to the future of Japan and highlights the intermediate and longer-term issues that country faces. In this, the first book-length academic treatment of this important issue, a team of notable contributors present nine papers, offering a comprehensive assessment of those economic difficulties and addressing a range of specific issues, from financial restructuring and the impact of the aging Japanese population to corporate behavior, public lending, employment practices, and innovative capacity. In each paper, contributors clearly identify and outline problems and concerns, carefully pose provocative questions, and in many instances present concrete suggestions for improvement. The resulting volume is a timely and important examination of critical issues for Japan's stalling economy, packed with both telling data and expert analysis and offering valuable perspectives on Japan's current obstacles.
Download or read book The Structural Impediments in the Japanese Economic and Social System written by Claude Lonien and published by . This book was released on 2007 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Structural Barriers to Wage Income Growth in written by Rui Xu and published by International Monetary Fund. This book was released on 2023-05-18 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stagnant income growth has limited Japan’s growth potential and reflation efforts. This paper dissects the wage dynamics of different labor groups and identifies the structural barriers to income growth. Although average income growth has been weak due to the rise of part-time workers and their declining hours, real wages per hour have risen across all labor groups, with the most gain seen among part-time and female workers. The weak income growth is largely driven by structural factors, including disincentives for second earners in the social security system, pension policies, and more broadly the dual labor market structure. Policies to address these structural barriers are key to boost income growth in Japan.
Download or read book Causes and Problems of Rapid Growth in Postwar Japan written by Saburō Ōkita and published by . This book was released on 1967 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the economic growth of Japan - covers causes, problems and economic implications thereof.
Download or read book Structural Reform in Japan written by Eisuke Sakakibara and published by . This book was released on 2003 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this candid book, Japan's former top financial diplomat asserts the urgent need for wholesale structural reform to revitalize the long-stagnant Japanese economy. Eisuke Sakakibara, whose influence over global currency markets earned him the nickname of Mr. Yen, envisions a social and economic revolution that encompasses all sectors of Japanese society. Sakakibara. Profitable investment opportunities are hard to find in the dysfunctional corporate sector, where costs are high and earnings continue to decline. The country's entrenched power elite - the Liberal Democratic Party, the bureaucracy, and vested interest groups - are threatened by reform efforts. It will be difficult to restore economic health to Japan until its political leaders are able to break the grip of this iron triangle and implement aggressive, widespread reforms.
Download or read book S T Strategies of Six Countries written by National Research Council and published by National Academies Press. This book was released on 2010-10-04 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: An increase in global access to goods and knowledge is transforming world-class science and technology (S&T) by bringing it within the capability of an unprecedented number of global parties who must compete for resources, markets, and talent. In particular, globalization has facilitated the success of formal S&T plans in many developing countries, where traditional limitations can now be overcome through the accumulation and global trade of a wide variety of goods, skills, and knowledge. As a result, centers for technological research and development (R&D) are now globally dispersed, setting the stage for greater uncertainty in the political, economic, and security arenas. These changes will have a potentially enormous impact for the U.S. national security policy, which for the past half century was premised on U.S. economic and technological dominance. As the U.S. monopoly on talent and innovation wanes, arms export regulations and restrictions on visas for foreign S&T workers are becoming less useful as security strategies. The acute level of S&T competition among leading countries in the world today suggests that countries that fail to exploit new technologies or that lose the capability for proprietary use of their own new technologies will find their existing industries uncompetitive or obsolete. The increased access to information has transformed the 1950s' paradigm of "control and isolation" of information for innovation control into the current one of "engagement and partnerships" between innovators for innovation creation. Current and future strategies for S&T development need to be considered in light of these new realities. This book analyzes the S&T strategies of Japan, Brazil, Russia, India, China, and Singapore (JBRICS), six countries that have either undergone or are undergoing remarkable growth in their S&T capabilities for the purpose of identifying unique national features and how they are utilized in the evolving global S&T environment.
Download or read book Structural Changes in Japan s Economic Development written by Miyohei Shinohara and published by Tokyo : Kinokuniya Bookstore Company. This book was released on 1970 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the factors contributing to the rapid economic growth of Japan and of the structural changes which have occurred in the economy - covers the labour force force, technological change, the financing structure and investments, consumption expenditure, the role of savings and examines the industrial structure, industrial development, regional and interindustry productivity differentials, etc. Diagrams, map and statistical tables.
Download or read book Economic Growth and Resources Growth and resources Problems related to Japan written by International Economic Association and published by . This book was released on 1979 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japan s Lost Decade written by Naoyuki Yoshino and published by . This book was released on 2015 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan has suffered from sluggish economic growth and recession since the 1990s, a phenomenon dubbed "Japan's Lost Decade." The People's Republic of China, many countries in the eurozone, and the United States may face similar problems in future and they have been concerned by Japan's long-term recession. This paper will address why Japan's economy has stagnated since the bursting of its economic bubble. Our empirical analysis challenges the beliefs of some western economists, such as Paul Krugman, that the Japanese economy is in a liquidity trap. We argue that Japan's economic stagnation stems from a vertical IS curve rather than a liquidity trap. The impact of fiscal policy has declined drastically, and the Japanese economy faces structural problems rather than a temporary downturn. These structural problems have many causes: an aging demographic (a problem that is frequently overlooked), an over-reliance by local governments on transfers from the central government, and Basel capital requirements that have made Japanese banks reluctant to lend money to startup businesses and small and medium-sized enterprises. This latter issue has discouraged Japanese innovation and technological progress. The paper will address all these issues empirically and theoretically and will provide some remedies for Japan's long-lasting recession.
Download or read book Asset Price Fluctuations Structural Adjustments and Sustained Economic Growth written by Kunio Okina and published by . This book was released on 2004 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper, examines implications of asset price fluctuations and resultant structural adjustments on sustained economic growth, based on Japan's experience since the latter half of the 1980s. In doing so, the view that the protracted economic stagnation in Japan can be seen as a result of the incomplete economic adjustments to significant changes in relative prices, in part triggered by the bursting of the asset price bubble. Such changes in relative prices include movements in both intertemporal and cross-sectional dimensions, which interacted crucially to lower the economy's trend growth. This aspect of Japan's asset price bubble, with its consequences for structural adjustments since the 1990s, is important because it illustrates the specific environment in which the Bank of Japan has to conduct monetary policy: namely, not a standard stabilization policy around a stable growth trend. Rather, it has operated in an environment of unanswered policy management questions coupled with hampered sustained growth.
Download or read book Japan s Turn written by Panos Mourdoukoutas and published by . This book was released on 1993 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: With a lead in microelectronics applications and flexible institutions, Japan, rather than Europe, is to succeed the United States' economic leadership in the post-Soviet era. This book is an inquiry into the transition economics of this era and the differences between the American and Japanese economic problems. Contents: Introduction; PART I. Economic Performance, Resources and Institutions; The Japanese Economy and Government: An Overview; The Japanese Corporation and Industry; Employment Relations; Assimilation of New Technology: Labor Adjustment; PART II. Economic Relations with the U.S. and the Pacific; The Anatomy of the Japanese Trade Surplus; Japanese Direct Investment in the U.S.; Japan and the Region; Japan in the 21st Century: An Unusual Leadership. Tables and graphs with each chapter.
Download or read book Dynamics of Japan s Trade and Industrial Policy in the Post Rapid Growth Era 1980 2000 written by RIETI and published by Springer. This book was released on 2020-09-18 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book provides an in-depth examination of Japan's policy responses to the economic challenges of the 1980s and '90s. While MITI's earlier role in promoting rapid growth has been addressed in other studies, this volume, based on official records and exhaustive interviews, is the first to examine the aftermath of rapid growth and the evolution of MITI's interpretation of the economy's changing needs. Covering such topics as the oil shocks, trade conflict with the United States, and the rise and collapse of the so-called bubble economy, it presents a detailed analysis and evaluation of how these challenges were interpreted by government officials, the kinds of policies that were enacted, the extent to which policy aims were realized, and lessons for the longer term. This book is recommended especially to officials of countries concerned about the challenges that follow on high economic growth and to readers interested in Japan’s contemporary economic history.
Download or read book Japan written by David Williams and published by Other. This book was released on 1994 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the ideological and political basis and present character of public policy in Japan, especially in the areas of financial and industrial policy. Argues that Japan is a nationalist polity moving towards becoming a liberal polity.
Download or read book The Japanese Social Structure written by 福武直 and published by [Tokyo] : University of Tokyo Press. This book was released on 1982 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japan s Quest for Growth written by Mr. Murtaza H. Syed and published by International Monetary Fund. This book was released on 2010-12-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: As labor input in Japan shrinks with population aging, capital accumulation and productivity gains will drive growth over the medium-term. At the same time, a changing global landscape calls for a shift in export-oriented investment toward new markets and a new generation of products, as well as increased investment by domestically-oriented firms. What policies could be adopted to help firms adjust to the imperatives of the post-crisis global economy and boost medium-term growth? Using disaggregated data, this paper investigates the determinants of investment and R&D spending by Japanese firms. The results suggest that policies could usefully focus on four areas. First, raising the return on investment, including through reforms to the tax code. Second, decreasing uncertainty through improved risk management by firms and by bolstering the business climate. Third, improving SME access to finance, notably by encouraging venture capital investment in innovative areas and more risk-based lending. And fourth, reducing excess leverage and supporting corporate restructuring to enable new investments to flourish.
Download or read book Final Report written by Commission on US-Japan Relations for the Twenty First Century and published by . This book was released on 1991 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book United States Japan Structural Impediments Initiative SII written by United States. Congress. Senate. Committee on Finance. Subcommittee on International Trade and published by . This book was released on 1990 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
