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In the Shadow of the Miracle
The Japanese Economy Since the End of High-Speed Growth
In the Shadow of the Miracle
The Japanese Economy Since the End of High-Speed Growth
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Description
Japan is living in the shadow of its economic miracle. Its stagnation and decline relative to other advanced economies since the early 1990s is a consequence of business and government difficulty in breaking away from once-successful practices. The Japanese postwar economic miracle created the world's second largest capitalist economy. This remarkable performance, in the face of such enormous obstacles, helped solidify, even sanctify, the institutions, methods, and political arrangements associated with the economic miracle. Based upon a decade of research articles distributed in the Japan Economic Institute's weekly report on Japan, In the Shadow of the Miracle analyzes the sources of Japanese growth and the nature and scale of its current economic problems. Chapters examine the steps being taken by Japan's government and business leaders to address the mounting national economic problems and the impact on Japan of the wider Asian financial crisis (1997-99). A final section addresses the question of whether Japan is fundamentally different from other advanced economies.
Table of Contents
Chapter 2 The Economy in the Twentieth Century
Chapter 3 Japan as Number Three: Long-Term Productivity Problems
Chapter 4 Investment
Chapter 5 Basic Research and Science
Chapter 6 International Capital Flows
Chapter 7 The Long-Run Behavior of the Yen
Chapter 8 Japan's Foreign Direct Investment in the United States
Chapter 9 Foreign Direct Investment in Japan
Chapter 10 U.S.-Japan Relations Viewed through Events Data
Chapter 11 Structural Change and Adaptation
Chapter 12 Deregulation in Aviation
Chapter 13 Is Japan an Outlier?
Chapter 14 America's Images of Japan
Chapter 15 Revisionism Revisited
Chapter 16 Long-Term Prospects
Product details
| Published | Sep 24 2002 |
|---|---|
| Format | Hardback |
| Edition | 1st |
| Extent | 362 |
| ISBN | 9780739101278 |
| Imprint | Lexington Books |
| Dimensions | 9 x 6 inches |
| Series | Studies of Modern Japan |
| Publisher | Bloomsbury Publishing |
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