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Growth And Stability Of The Postwar Japanese Economy
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Book Synopsis Postwar Japanese Economy, The; Its Development and Structure, 1937-1994, 2nd Ed. by : Takafusa Nakamura
Download or read book Postwar Japanese Economy, The; Its Development and Structure, 1937-1994, 2nd Ed. written by Takafusa Nakamura and published by . This book was released on 1995 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy of Japan, with its high rates of growth, exemplary productivity levels, overall stability, and resilience in the face of financial and other crises, has been one of the wonders of the postwar world. In this book, which has since its first publication in 1981 been a standard text and reference work on the postwar economy, one of Japan's leading economist-scholars describes its workings, its roots in the prewar and wartime years, and its structure and institutions. For this revised second edition, the author has written several new chapters, added data bringing the discussion up to the 1990s, and reorganized the presentation.
Book Synopsis The Postwar Japanese System by : William K. Tabb
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 Synopsis Japan's Quest for Stability in Southeast Asia by : Taizo Miyagi
Download or read book Japan's Quest for Stability in Southeast Asia written by Taizo Miyagi and published by Routledge. This book was released on 2017-12-12 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than any other region in the world, Asia has witnessed tremendous change in the post-war era. A continent once engulfed by independence and revolution, and later by the Cold War and civil war, has now been transformed into the world’s most economically dynamic region. What caused this change in Asia? The key to answering this question lies in the post-war history of maritime Asia and, in particular, the path taken by the maritime nation of Japan. Analysing the importance of Japan’s relationship with Southeast Asia, this book therefore aims to illustrate the hidden trail left by Japan during the period of upheaval that has shaped Asia today—an era marked by the American Cold War strategy, the dissolution of the British Empire in Asia, and the rise of China. It provides a comprehensive account of post-war maritime Asia, making use of internationally sourced primary materials, as well as declassified Japanese government papers. As such, Japan's Quest for Stability in Southeast Asia will be useful to students and scholars of Japanese Politics, Asian Politics and Asian History.
Book Synopsis Capital as Will and Imagination by : Mark D. Metzler
Download or read book Capital as Will and Imagination written by Mark D. Metzler and published by Cornell University Press. This book was released on 2013-04-15 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Joseph Schumpeter’s conceptions of entrepreneurship, innovation, and creative destruction have been hugely influential. He pioneered the study of economic development and of technological paradigm shifts and was a forerunner of the emerging field of evolutionary economics. He is not thought of as a theorist of credit-supercharged high-speed growth, but this is what he became in postwar Japan. As Mark Metzler shows in Capital as Will and Imagination, economists and planners in postwar Japan seized upon Schumpeter’s ideas and put them directly to work. The inflationary creation of credit, as theorized by Schumpeter, was a vital but mostly unrecognized aspect of the successful stabilization of Japanese capitalism after World War II and was integral to Japan’s postwar success. It also helps to explain Japan’s bubble, and the global bubbles that have followed it. The heterodox analysis presented in Capital as Will and Imagination goes beyond the economic history of postwar Japan; it opens up a new view of the core circuits of modern capital in general.
Book Synopsis MITI and the Japanese Miracle by : Chalmers Johnson
Download or read book MITI and the Japanese Miracle written by Chalmers Johnson and published by Stanford University Press. This book was released on 1982-06 with total page 818 pages. Available in PDF, EPUB and Kindle. Book excerpt: The focus of this book is on the Japanese economic bureaucracy, particularly on the famous Ministry of International Trade and Industry (MITI), as the leading state actor in the economy. Although MITI was not the only important agent affecting the economy, nor was the state as a whole always predominant, I do not want to be overly modest about the importance of this subject. The particular speed, form, and consequences of Japanese economic growth are not intelligible without reference to the contributions of MITI. Collaboration between the state and big business has long been acknowledged as the defining characteristic of the Japanese economic system, but for too long the state's role in this collaboration has been either condemned as overweening or dismissed as merely supportive, without anyone's ever analyzing the matter. The history of MITI is central to the economic and political history of modern Japan. Equally important, however, the methods and achievements of the Japanese economic bureaucracy are central to the continuing debate between advocates of the communist-type command economies and advocates of the Western-type mixed market economies. The fully bureaucratized command economies misallocate resources and stifle initiative; in order to function at all, they must lock up their populations behind iron curtains or other more or less impermeable barriers. The mixed market economies struggle to find ways to intrude politically determined priorities into their market systems without catching a bad case of the "English disease" or being frustrated by the American-type legal sprawl. The Japanese, of course, do not have all the answers. But given the fact that virtually all solutions to any of the critical problems of the late twentieth century--energy supply, environmental protection, technological innovation, and so forth--involve an expansion of official bureaucracy, the particular Japanese priorities and procedures are instructive. At the very least they should forewarn a foreign observer that the Japanese achievements were not won without a price being paid.
Download or read book Regime Shift written by T. J. Pempel and published by Cornell University Press. This book was released on 1998 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pempel contrasts the political economy of Japan during two decades: the 1960s ̧when the nation e¡perienced conservative political dominance and high growth ̧and the early 1990s ̧when the "bubble economy" collapsed and electoral politics changed. The different dynamics of the two periods indicate a regime shift in which the present political economy deviates profoundly from earlier forms. This shift has involved a transformation in socioeconomic alliances ̧political and economic institutions ̧and public policy profile ̧rendering Japanese politics far less predictable than in the past. Pempel weighs the Japanese case against comparative data from the USA ̧Great Britain ̧Sweden and Italy ̧to show how unusual Japan's political economy had been in the 1960s. The te¡t suggests that Japan's present troubles are deeply rooted in the economy's earlier success.
Book Synopsis Japan’s Lost Decade by : Naoyuki Yoshino
Download or read book Japan’s Lost Decade written by Naoyuki Yoshino and published by Springer. This book was released on 2017-09-20 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses Japan’s long-term economic recession and provides remedies for that recession that are useful for other Asian economies. The book addresses why Japan’s economy has stagnated since the bursting of its economic bubble in the 1990s. Its empirical analysis challenges the beliefs of some economists, such as Paul Krugman, that the Japanese economy is caught in a liquidity trap. This book argues that Japan’s economic stagnation stems from a vertical “investment–saving” (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 start-up businesses and small and medium-sized enterprises. This latter issue has discouraged Japanese innovation and technological progress. All these issues are addressed empirically and theoretically, and several remedies for Japan’s long-lasting recession are provided. This volume will be of interest to researchers and policy makers not only in Japan but also the People’s Republic of China, many countries in the eurozone, and the United States, which may face similar challenges in the future.
Book Synopsis Economic Growth in Prewar Japan by : Takafusa Nakamura
Download or read book Economic Growth in Prewar Japan written by Takafusa Nakamura and published by New Haven : Yale University Press. This book was released on 1983-01 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Japan Transformed by : Frances Rosenbluth
Download or read book Japan Transformed written by Frances Rosenbluth and published by Princeton University Press. This book was released on 2010-04-12 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: With little domestic fanfare and even less attention internationally, Japan has been reinventing itself since the 1990s, dramatically changing its political economy, from one managed by regulations to one with a neoliberal orientation. Rebuilding from the economic misfortunes of its recent past, the country retains a formidable economy and its political system is healthier than at any time in its history. Japan Transformed explores the historical, political, and economic forces that led to the country's recent evolution, and looks at the consequences for Japan's citizens and global neighbors. The book examines Japanese history, illustrating the country's multiple transformations over the centuries, and then focuses on the critical and inexorable advance of economic globalization. It describes how global economic integration and urbanization destabilized Japan's postwar policy coalition, undercut the ruling Liberal Democratic Party's ability to buy votes, and paved the way for new electoral rules that emphasized competing visions of the public good. In contrast to the previous system that pitted candidates from the same party against each other, the new rules tether policymaking to the vast swath of voters in the middle of the political spectrum. Regardless of ruling party, Japan's politics, economics, and foreign policy are on a neoliberal path. Japan Transformed combines broad context and comparative analysis to provide an accurate understanding of Japan's past, present, and future.
Book Synopsis Cultural Norms and National Security by : Peter J. Katzenstein
Download or read book Cultural Norms and National Security written by Peter J. Katzenstein and published by Cornell University Press. This book was released on 2018-09-05 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nonviolent state behavior in Japan, this book argues, results from the distinctive breadth with which the Japanese define security policy, making it inseparable from the quest for social stability through economic growth. While much of the literature on contemporary Japan has resisted emphasis on cultural uniqueness, Peter J. Katzenstein seeks to explain particular aspects of Japan's security policy in terms of legal and social norms that are collective, institutionalized, and sometimes the source of intense political conflict and change. Culture, thus specified, is amenable to empirical analysis, suggesting comparisons across policy domains and with other countries. Katzenstein focuses on the traditional core agencies of law enforcement and national defense. The police and the military in postwar Japan are, he finds, reluctant to deploy physical violence to enforce state security. Police agents rarely use repression against domestic opponents of the state, and the Japanese public continues to support, by large majorities, constitutional limits on overseas deployment of the military. Katzenstein traces the relationship between the United States and Japan since 1945 and then compares Japan with postwar Germany. He concludes by suggesting that while we may think of Japan's security policy as highly unusual, it is the definition of security used in the United States that is, in international terms, exceptional.
Book Synopsis Dilemmas of a Trading Nation by : Mireya Solis
Download or read book Dilemmas of a Trading Nation written by Mireya Solis and published by Brookings Institution Press. This book was released on 2017-08-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The balancing of competing interests and goals will have momentous consequences for Japan—and the United States—in their quest for economic growth, social harmony, and international clout. Japan and the United States face difficult choices in charting their paths ahead as trading nations. Tokyo has long aimed for greater decisiveness, which would allow it to move away from a fragmented policymaking system favoring the status quo in order to enable meaningful internal reforms and acquire a larger voice in trade negotiations. And Washington confronts an uphill battle in rebuilding a fraying domestic consensus in favor of internationalism essential to sustain its leadership role as a champion of free trade. In Dilemmas of a Trading Nation, Mireya Solís describes how accomplishing these tasks will require the skillful navigation of vexing tradeoffs that emerge from pursuing desirable, but to some extent contradictory goals: economic competitiveness, social legitimacy, and political viability. Trade policy has catapulted front and center to the national conversations taking place in each country about their desired future direction—economic renewal, a relaunched social compact, and projected international influence. Dilemmas of a Trading Nation underscores the global consequences of these defining trade dilemmas for Japan and the United States: decisiveness, reform, internationalism. At stake is the ability of these leading economies to upgrade international economic rules and create incentives for emerging economies to converge toward these higher standards. At play is the reaffirmation of a rules-based international order that has been a source of postwar stability, the deepening of a bilateral alliance at the core of America's diplomacy in Asia, and the ability to reassure friends and rivals of the staying power of the United States. In the execution of trade policy today, we are witnessing an international leadership test dominated by domestic governance dilemmas.
Book Synopsis Dr. Osamu Shimomura's Legacy and the Postwar Japanese Economy by : Kozo Horiuchi
Download or read book Dr. Osamu Shimomura's Legacy and the Postwar Japanese Economy written by Kozo Horiuchi and published by Springer. This book was released on 2017-08-10 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book elucidates the economic conditions and policies during the post War Japanese economy from the view point of an influential policy maker. Dr. Osamu Shimomura is one of the most eminent economists in Japan. He entered the Ministry of Finance and played a crucial role in actualizing the High-Growth era from the late 1950s to the early 70s. "The Doubling Income Plan", which is issued by the Ikeda cabinet, originates from him. It should be noted that while most economists held pessimistic view on the future, Shimomura is brave and foresighted. Shimomura’s theory is not merely one of the pioneer works in macroeconomics, but also suits the economic conditions of Japan. Shimomura extends the principle of effective demand, which means that his theory includes effects of capital accumulation to production capacity. While one may argue that Harrod (1939) and Domar (1946) have already achieved that, Shimomura’s theory centers policy recommendations for sustaining the high economic growth against the productivity growth that would cause excess supply in the market. Succinctly, Shimomura is a Keynesian who believes the vigor in its private sector but recognizes that Japanese economy urgently needs the government’s auxiliary macroeconomic policies. This book emphasizes that the rapid Japanese growth owes mainly to affluent entrepreneurship filled in the economy not to the sheer government’s planning. Dr. Shimomura’s theory endorses our assertion.
Author :International Monetary Fund. Research Dept. Publisher :International Monetary Fund ISBN 13 :1451956029 Total Pages :229 pages Book Rating :4.4/5 (519 download)
Book Synopsis IMF Staff Papers by : International Monetary Fund. Research Dept.
Download or read book IMF Staff Papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1963-01-01 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses effects of inflation on economic development. A mild inflation may well encourage little, or no, evasion of the “inflation tax.” On the other hand, a strong inflation, and frequently a mild one also, will lead to community reactions which have effects like those of widespread tax evasion. A development policy may have wider aims than the encouragement of a high level of investment. Inflation has two effects on the desire for liquidity, which are related to the two basic reasons why individuals and businesses wish to hold liquid assets—the speculative and precautionary motives. Inflation increases the value of effective liquidity, thereby raising the community's desire for it, but it makes the most generally accepted store of liquidity unacceptable sources of protection. The control of inflation is only one of the problems facing a government wishing to encourage rapid economic development. The fight against illiteracy, the reform of bureaucratic practices, the building of basic sanitary facilities for the eradication of endemic diseases, the substitution of competitive for monopolistic trade practices, the encouragement of a widespread spirit of entrepreneurship, and the creation of an adequate amount of social capital, may be important prerequisites for rapid growth.
Book Synopsis Japan's Growing Technological Capability by : National Research Council
Download or read book Japan's Growing Technological Capability written by National Research Council and published by National Academies Press. This book was released on 1992-02-01 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The perspectives of technologists, economists, and policymakers are brought together in this volume. It includes chapters dealing with approaches to assessment of technology leadership in the United States and Japan, an evaluation of future impacts of eroding U.S. technological preeminence, an analysis of the changing nature of technology-based global competition, and a discussion of policy options for the United States.
Book Synopsis The Political Economy of the Abe Government and Abenomics Reforms by : Takeo Hoshi
Download or read book The Political Economy of the Abe Government and Abenomics Reforms written by Takeo Hoshi and published by Cambridge University Press. This book was released on 2021-02-25 with total page 573 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the politics and economics of the Abe government and evaluates major policies, such as Abenomics policy reforms.
Book Synopsis Postwar Japanese Economy by : Mitsuhiko Iyoda
Download or read book Postwar Japanese Economy written by Mitsuhiko Iyoda and published by Springer Science & Business Media. This book was released on 2010-08-05 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of World War II, the Japanese economy has seen rapid changes and remarkable progress. It has also experienced a bubble economy and period of prolonged stagnation. The book seeks to address three major questions: What kind of changes have taken place in the postwar years? In what sense has there been progress? What lessons can be drawn from the experiences? The book is organized as follows: It begins with an overview of the postwar Japanese economy, using data to highlight historical changes. The four major economic issues in the postwar Japanese economy (economic restoration, rapid economic growth, the bubble economy and current topics) are addressed, with particular focus on the meaning of economic growth and the bubble economy. The next chapters examine the important economic issues for Japan related to a welfare-oriented society, including income distribution, asset distribution, and the relative share of income. Another chapter deals with the household structure of Japan, the pension issue, and the importance of the effect of demographic change on income distribution. The final chapter gives a brief summary, examines quality of life as a lesson of this research, and briefly outlines a proposal for a basic design towards achieving a high satisfaction level society. This book will be of interest to economists, economic historians and political scientists and would be useful as a text for any course on the Japanese economy.
Download or read book Postwar Japan written by Michael J. Green and published by Rowman & Littlefield. This book was released on 2017-02-02 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japanese security, economic, institutional, and developmental policies have undergone a remarkable evolution in the 70 years since the end of World War II. In this volume, distinguished Japanese scholars reflect on the evolution of these policies and draw lessons for the coming decades. The pillars of Japan’s reentry into the international community since 1945 remain no less important seven decades later as Japan’s economy and society enter the next phase of maturity. The authors demonstrate the continuing viability of Japan’s postwar strategic choices, as well as the inevitability of adaptation to challenging new circumstances. This book will be of interest to historians of U.S.-Japan relations and policy makers seeking to place today’s policy issues in a historical context. Contributions by Akiko Imai, Akiko Fukushima, Jun Saito, Kazuya Sakamoto, Yoshihide Soeya, and Yoko Takeda
