Description

Book Synopsis
Japan's first decade of the twenty-first century is often called the “second lost decade”, following the post-bubble “lost decade” of the 1990s, characterized by policy paralysis and overall lackluster economic growth. For those studying Japan more closely, however, the same decades reveal nothing short of a broad transformation in numerous core tenets of Japan's postwar political economy. How can we best capture this transformation?

Each chapter in this volume examines a different aspect of Japan's political economy within a longer historical trajectory, from multiple angles, to depict a flexible but resilient system. They include: a comprehensive overview of the political economy; Japan's financial system; corporate reorganization; the politics of reform; small and medium enterprises and the labor market; compensation systems; and foreign multinational corporations. The editors characterize Japan's process of change as syncretism - practices foreign, domestic, old and new were selectively adopted, mixed and matched, along the way creating a new and unique hybrid system.

Syncretism: The Politics of Economic

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    A Paperback / softback by Kenji E. Kushida, Kay Shimizu, Jean C. Oi

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      Publisher: Asia/Pacific Research Center, Div of The Institute for International Studies
      Publication Date: 31/01/2014
      ISBN13: 9781931368230, 978-1931368230
      ISBN10: 1931368236
      Also in:
      Corporate governance

      Description

      Book Synopsis
      Japan's first decade of the twenty-first century is often called the “second lost decade”, following the post-bubble “lost decade” of the 1990s, characterized by policy paralysis and overall lackluster economic growth. For those studying Japan more closely, however, the same decades reveal nothing short of a broad transformation in numerous core tenets of Japan's postwar political economy. How can we best capture this transformation?

      Each chapter in this volume examines a different aspect of Japan's political economy within a longer historical trajectory, from multiple angles, to depict a flexible but resilient system. They include: a comprehensive overview of the political economy; Japan's financial system; corporate reorganization; the politics of reform; small and medium enterprises and the labor market; compensation systems; and foreign multinational corporations. The editors characterize Japan's process of change as syncretism - practices foreign, domestic, old and new were selectively adopted, mixed and matched, along the way creating a new and unique hybrid system.

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