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In the Shadow of the Miracle
The Japanese Economy Since the End of High-Speed Growth
Authors:
Publisher:
2002
Summary
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.
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Bibliographic data
Copyright year
2002
ISBN-Print
978-0-7391-0127-8
ISBN-Online
978-0-7391-5631-5
Publisher
Lexington, Lanham
Language
English
Pages
347
Product type
Book Titles
Table of contents
ChapterPages
Contents No access
List of Figures No access
List of Tables No access
Preface No access
1 An Economy in Transition No access Pages 1 - 18
2 The Economy in the Twentieth Century No access Pages 19 - 38
3 Japan as Number Three: Long-Term Productivity Problems No access Pages 39 - 56
4 Investment No access Pages 57 - 74
5 Basic Research and Science No access Pages 75 - 92
6 International Capital Flows No access Pages 93 - 114
7 The Long-Run Behavior of the Yen No access Pages 115 - 138
8 Japan's Foreign Direct Investment in the United States No access Pages 139 - 162
9 Foreign Direct Investment in Japan No access Pages 163 - 188
10 U.S.-Japan Relations Viewed through Events Data No access Pages 189 - 216
11 Structural Change and Adaptation No access Pages 217 - 228
12 Deregulation in Aviation No access Pages 229 - 254
13 Is Japan an Outlier? No access Pages 255 - 272
14 America's Images of Japan No access Pages 273 - 296
15 Revisionism Revisited No access Pages 297 - 318
