The Japanese economy is currently at a crossroads and the embarrassing situation the country faces today is even worse than the Meiji restoration of 1868, the defeat after World War II in 1945 and the yen appreciation after the Plaza Agreements of 1985. Indeed, the traditional Japanese model is doomed to failure, mainly due to economic and industrial structures that are inappropriate towards increasing globalization, liberalization and deregulation. However, Japanese-style industrial capitalism is in this work compared to the economic and social models of other developed countries and this enables us to point out the path the Japanese economy may take in the 21st century in order to survive.
Japan to 1600 surveys Japanese historical development from the first evidence of human habitation in the archipelago to the consolidation of political power under the Tokugawa shogunate at the beginning of the seventeenth century. It is unique among introductory texts for its focus on developments that impacted all social classes rather than the privileged and powerful few. In accessible language punctuated with lively and interesting examples, William Wayne Farris weaves together major economic and social themes. The book focuses on continuity and change in social and economic structures and experiences, but it by no means ignores the political and cultural. Most chapters begin with an outline of political developments, and cultural phenomena—particularly religious beliefs—are also taken into account. In addition, Japan to 1600 addresses the growing connectedness between residents of the archipelago and the rest of the world. Farris describes how the early inhabitants of the islands moved from a forager mode of subsistence to a more predominantly agrarian base, supplemented by sophisticated industries and an advanced commercial economy. He reveals how the transition to farming took place over many centuries as people moved back and forth from settled agriculture to older forager-collector regimes in response to ecological, political, and personal factors. Economics influenced demographics, and, as the population expanded, the class structure became increasingly complex and occupational specialization and status divisions more intricate. Along with this came trends toward more tightly knit corporate organizations (village, city, market, family), and classes of servants, slaves, and outcastes formed. In reflecting the diversity of traditional Japan’s economy and society, Japan to 1600 is well suited for both undergraduate and graduate courses and will be a welcome introduction to Japan’s early history for scholars and students of other disciplines and regions.
Among the world's great industrial states, Japan is the newest, most dynamic, and most distinctive. Whether viewed as a model, a partner, or a threat, no country is more important or less understood. What are the central features of Japan's industrial system? What are the core institutions and practices that have to be understood in order to know how it functions? What sets it apart from other industrial systems, notably that of the United States? Is the Japanese system changing, and if so, how? These are the basic questions addressed in this volume, which presents in compact form the best thinking, the most stimulating arguments, and the classic interpretations of contemporary Japan. The book comprises 55 selections by economists, political scientists, anthropologists, business consultants, and others, which together give an unparalleled insight into the inner workings of the Japanese industrial system.
The Japanese Economy, 4th Edition is for anyone curious about economics, for it is impossible to appreciate economics without vivid examples of its application. This book is also for anyone broadly interested in Japan, for it is impossible to fully understand Japan without learning what basic economics has to say about it, which is much. To know Japan - or any country for that matter - is more than an ability to recite a litany of facts about its history, geography, institutions, and culture. Disciplined thinking is needed to organize the disparate facts into a coherent system that can be grasped whole. Modern economics is the academic discipline underlying this book. The book uses economics and explains it, but without presuming the reader has any prior knowledge of it. The main object of interest is Japan. It starts with Japan's economic history since the late sixteenth century through the twentieth century. It then addresses contemporary topics in Japan's economy, beginning with ones that require an economy - wide perspective - economic growth and the business cycle, exchange rates, and the balance of trade. The discussion then moves on to sectors of the economy: the public sector, industry and trade, the financial system, the labor market, and more. The chapters can be read in any order, but four threads run through all the chapters and link them: Japan's economic growth and development, Japan's integration with the world economy, government policies and their effects, and peculiar economic institutions and practices.
First Published in 1999. The best scholarship on the development of contemporaryJapan This collection presents well over 100 scholarly articles on modern Japanese society, written by leading scholars in the field. These selections have been drawn from the most distinguished scholarly journals as well as from journals that are less well known among specialists; and the articles represent the best and most important scholarship on their particular topic. Anunderstanding of the present through the lens of the past The field of modern Japan studies has grown steadily as Westerners have recognized the importance of Japan as a lading world economic force and an emerging regional power. The post-1945 economic success of the Japanese has, however, been achieved in the context of that nation's history, social structure, educational enterprise and political environment. It is impossible to understand the postwar economic miracle without an appreciation of these elements. Japan's economic emergence has brought about and in some cases, exacerbated already existing tensions, and these tensions have, in turn, had a significant impact on Japanese economic life. The series is designed to give readers a basic understanding of modern Japan-its institutions and its people-as we stand on the threshold of a new century, often referred to as "the Pacific Century".
U.S.—Japanese Economic Relations: Cooperation, Competition, and Confrontation provides a comprehensive review of the patterns of U.S.-Japanese interaction. This book describes the tension in the economic sphere that frayed the whole system of connections between U.S. and Japan, including various factors that contribute to these tensions. The ways on how to to reverse the process of estrangement that can lead both nations out of the atmosphere of confrontation and back into one of healthy competition and cooperation is also elaborated. This text also discusses Japan and the United States’ possible developments of policies in pursuit of a rapprochement. This publication is a good reference for students and individuals researching on the sources of confrontation, competition, and cooperation in U.S.-Japanese relations.
