Institutional Change in Japan

Nonfiction, History, Asian, Japan, Social & Cultural Studies, Social Science, Cultural Studies, Ethnic Studies, Business & Finance, Economics
Cover of the book Institutional Change in Japan by , Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781134180561
Publisher: Taylor and Francis Publication: August 21, 2006
Imprint: Routledge Language: English
Author:
ISBN: 9781134180561
Publisher: Taylor and Francis
Publication: August 21, 2006
Imprint: Routledge
Language: English

This is a new analysis of recent changes in important Japanese institutions. It addresses the origin, development, and recent adaptation of core institutions, including financial institutions, corporate governance, lifetime employment, and the amakudari system.

After four decades of rapid economic growth in Japan, the 1990s saw the country enter a prolonged period of economic stagnation. Policy reforms were initially half-hearted, and businesses were slow to restructure as the global economy changed. The lagging economy has been impervious to aggressive fiscal stimulus measures and has been plagued by ongoing price deflation for years. Japan’s struggle has called into question the ability of the country’s economic institutions, originally designed to support factor accumulation and rapid development, to adapt to the new economic environment of the twenty-first century.

This book discusses both historical and international comparisons including Meiji Japan, and recent economic and financial reforms in Korea, Scandinavia, Switzerland, and New Zealand, placing the current institutional changes in perspective. The contributors argue that, contrary to conventional wisdom that Japanese institutions have remained relatively rigid, there has been significant institutional change over the last decade.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This is a new analysis of recent changes in important Japanese institutions. It addresses the origin, development, and recent adaptation of core institutions, including financial institutions, corporate governance, lifetime employment, and the amakudari system.

After four decades of rapid economic growth in Japan, the 1990s saw the country enter a prolonged period of economic stagnation. Policy reforms were initially half-hearted, and businesses were slow to restructure as the global economy changed. The lagging economy has been impervious to aggressive fiscal stimulus measures and has been plagued by ongoing price deflation for years. Japan’s struggle has called into question the ability of the country’s economic institutions, originally designed to support factor accumulation and rapid development, to adapt to the new economic environment of the twenty-first century.

This book discusses both historical and international comparisons including Meiji Japan, and recent economic and financial reforms in Korea, Scandinavia, Switzerland, and New Zealand, placing the current institutional changes in perspective. The contributors argue that, contrary to conventional wisdom that Japanese institutions have remained relatively rigid, there has been significant institutional change over the last decade.

More books from Taylor and Francis

Cover of the book Climate Change and Food Security by
Cover of the book New Directions in Media and Politics by
Cover of the book Global Political Justice by
Cover of the book The Regional City by
Cover of the book International Intervention in the Post-Cold War World: Moral Responsibility and Power Politics by
Cover of the book The Routledge Guidebook to The New Testament by
Cover of the book Legislatures of Small States by
Cover of the book Matter, Materiality and Modern Culture by
Cover of the book A History of Egypt from the End of the Neolithic Period to the Death of Cleopatra VII B.C. 30 (Routledge Revivals) by
Cover of the book The Cosmopolitan Ideal by
Cover of the book A Guide to Leadership and Management in Higher Education by
Cover of the book Miniatures by
Cover of the book Jumpstart! French and German by
Cover of the book Judgment and Decision Making by
Cover of the book The Political Element in the Development of Economic Theory by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy