Japan, the System That Soured

Richard Katz

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Sprache: Englisch

Verlag: Routledge, 1998

0765603101 / 9780765603104

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Artikelbeschreibung des Verkäufers

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. …

Bestandsnummer des Verkäufers 00096962803

Titel
Japan, the System That Soured
Autor
Richard Katz
Verlag
Routledge
Erscheinungsjahr
1998
Zustand
Very Good
Einband
Paperback
Sprache
Englisch
ISBN-10
0765603101
ISBN-13
9780765603104

World of Books (was SecondSale)

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Verkäufer:in bei ZVAB seit 20. Dezember 2007

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