The Japanese Economic System and its Historical Origins
Series: Japan Business and Economics Series;
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Product details:
- Publisher Clarendon Press
- Date of Publication 12 August 1999
- ISBN 9780198289012
- Binding Hardback
- No. of pages304 pages
- Size 241x164x21 mm
- Weight 600 g
- Language English
- Illustrations line figures 0
Categories
Short description:
Japan's rise from the ashes of defeat in the Second World War to its position now as one of the world's foremost economies has long been recognized as one of the most startling turnarounds of the 20th Century. With economic reform again at the top of the global agenda with the fall of the Soviet bloc and the continuing struggle of the developing nations, the lessons of Japan's success have never been more valuable. This volume looks closely at the origins of the current Japanese economic system, focusing particularly on the contrast between the war period of 1930-1945 and the preceding situation. The contributors argue that Japan had an `Anglo-Saxon model' economy until the 1930s, and that the special features of the Japanese system -- good labour relations; employee-based corporate governance; the main banks' financial system; and the principle of `administrative guidance' -- were all deliberately created during militarization (1930-1945).
MoreLong description:
Japan's rise from the ashes of defeat in the Second World War to its position now as one of the world's foremost economies has long been recognized as one of the most startling turnarounds of the 20th Century. With economic reform again at the top of the global agenda with the fall of the Soviet bloc and the continuing struggle of the developing nations, the lessons of Japan's success have never been more valuable.
This volume looks closely at the origins of the current Japanese economic system, focusing particularly on the contrast between the war period of 1930-1945 and the preceding situation. The contributors argue that Japan had an `Anglo-Saxon model' economy until the 1930s, and that the special features of the Japanese system -- good labour relations; employee-based corporate governance; the main banks' financial system; and the principle of `administrative guidance' -- were all deliberately created during militarization. Although there are many post-war factors that have led to the present-day Japanese situation -- the Dodge Plan, high post-war inflation, new technology, massive shifts in the labour force, deregulation from the 1960s onwards -- without the reforms introduced between 1930 and 1945 there would be no `Japanese system'.
This remains a most significant work, essential reading for those who wish to understand the workings of the present-day Japanese economy. It may be added that the translation is excellent, and the book can be read with pleasure as well as profit. Malcolm Falkus, Business History
Table of Contents:
Preface to the English Edition
Japan's Present-day Economic System and its Historical Origins
The Financial System and its Regulations
The Main Bank System
Corporate Governance
`Japanese-style' Labour Relations
The Functions of Industrial Associations
The `Japanese Model' Fiscal System
The Food Control System and Nokyo
Japan's Present-day Economic System: Its Structure and Potential for Reform
