The Japanese Economy
by David Flath
The Japanese Economy
by Takatoshi Ito, Takatoshi Itō
— Gary Saxonhouse, Professor of Economics, University of Michigan A comparative perspective and an analytic approach grounded in mainstream economics distinguish this broad, accessible introduction to the Japanese economy. Throughout, Ito utilizes standard economic concepts in comparing Japan with the United States in terms of economic performance, underlying institutions, and government policies.
Referring to cultural factors where appropriate, Ito subjects the basic facts about the Japanese economy to modern theoretical and empirical scrutiny, discussing macroeconomic growth, business cycles, monetary and fiscal policies, industrial structures and policies, the labor market, saving and investment, and international trade and finance.
Ito reviews relevant aspects of Japan’s history before launching into a broad analysis of the country’s markets and its economic policies. He concludes with a look at such contemporary economic issues as the Japanese distribution system, Japanese asset prices, and US-Japan trade conflicts.
Princes of the Yen
by Richard Werner
According to the author, the most recent upheaval in the Japanese economy is the result of the policies of a central bank less concerned with stimulating the economy than with its own turf battles and its ideological agenda to change Japan’s economic structure. The book combines new historical research with an in-depth behind-the-scenes account of the bureaucratic competition between Japan’s most important institutions: the Ministry of Finance and the Bank of Japan. Drawing on new economic data and first-hand eyewitness accounts, it reveals little known monetary policy tools at the core of Japan’s business cycle, identifies the key figures behind Japan’s economy, and discusses their agenda. The book also highlights the implications for the rest of the world, and raises important questions about the concentration of power within central banks.
The Power to Compete
by Hiroshi Mikitani, Ryoichi Mikitani
Father and son – entrepreneur and economist – search for Japan’s economic cure
The Power to Compete tackles the issues central to the prosperity of Japan – and the world – in search of a cure for the “Japan Disease.” As founder and CEO of Rakuten, one of the world’s largest Internet companies, author Hiroshi Mikitani brings an entrepreneur’s perspective to bear on the country’s economic stagnation. Through a freewheeling and candid conversation with his economist father, Ryoichi Mikitani, the two examine the issues facing Japan, and explore possible roadmaps to revitalization. How can Japan overhaul its economy, education system, immigration, public infrastructure, and hold its own with China? Their ideas include applying business techniques like Key Performance Indicators to fix the economy, using information technology to cut government bureaucracy, and increasing the number of foreign firms with a head office in Japan. Readers gain rare insight into Japan’s future, from both academic and practical perspectives on the inside.
Mikitani argues that Japan’s tendency to shun international frameworks and hide from global realities is the root of the problem, while Mikitani Sr.’s background as an international economist puts the issue in perspective for a well-rounded look at today’s Japan.
- Examine the causes of Japan’s endless economic stagnation
- Discover the current efforts underway to enhance Japan’s competitiveness
- Learn how free market “Abenomics” affected Japan’s economy long-term
- See Japan’s issues from the perspective of an entrepreneur and an economist
Japan’s malaise is seated in a number of economic, business, political, and cultural issues, and this book doesn’t shy away from hot topics. More than a discussion of economics, this book is a conversation between father and son as they work through opposing perspectives to help their country find The Power to Compete.
The New, Emerging Japanese Economy
by Panos Mourdoukoutas
The postwar Japanese economy
by Takafusa Nakamura
China and Japan in the Global Economy
by Tomoo Kikuchi, Masaya Sakuragawa
This book discusses the necessity for cooperation between China and Japan to provide international public goods to Asia. It provides insight into how China and Japan can redesign the process of economic integration and security architecture to ensure peace and prosperity in Asia, and how China and Japan can cooperate to correct the capital misallocation and channel savings more effectively to investments in Asia. It also suggests how China and Japan can promote free trade to help Asian economies upgrade their industries in the global supply chain.
The book is an invaluable contribution to the existing discussion on China–Japan relations and how their cooperation is beneficial not only for them but also for Asia, and even the world.