The Transformation of the Japanese Economy [Hardcover]

During the rapid growth period of the Japanese economy, from the mid-1950s to the mid-1970s, the economic system that became entrenched in Japan -- the so-called Japanese-style capitalism -- was based on the government-business-bureaucracy triad. Although its distinct features survived the subsequent two decades of slow growth, there are many indications that the Japanese economy is once again struggling to transform itself. These translations from the Japanese economic literature expertly address this transformation.These readings address various aspects of the transformation of the Japanese economic system from one based on the government-business-bureaucracy triad to one which accommodates such changes as the further slowdown of growth, the rapid ageing of the population and structural changes.I: The Japanese Economy in Transition; 1: Japan at a Crossroads; 2: The Japanese Economy in the 1990s; II: The Economic System; 3: The Economic System of Contemporary Japan: Its Structure and the Possibility of Change 1; III: The Business System; 4: Japan's Corporate Capitalism in Peril; 5: The Keiretsu Issue: A Theoretical Approach; IV: The Employment System; 6: White-Collar Workers in Japan and the United States: Which Are More Ability Oriented?; 7: Japanese-Style Employment Practices and Male-Female Wage Differentials; V: The Financial System; 8: Economic Development and Financial Deepening: The Case of Japan; 9: Japanese Banks in Deregulation and the Economic Bubble; 10: Bubbles in Japan's Stock Market: A Macroeconomic Analysis; VI: The International System; 11: The Destruction of the Full-Set Industrial StructureEast Asia's Tripolar Structure; 12: Economic Growth, Foreign Trade, and Trade Policy in Japan; VII: The Government System; 13: Recent Changes in Japanese Public Administration; 14: Leaving the 1940 System and Moving into a New SystemUSCopyright ? 1999 Taylor & Francis.