Circles of compensation : economic growth and the globalization of Japan /

Japan grew explosively and consistently for more than a century, from the Meiji Restoration until the collapse of the economic bubble in the early 1990s. Since then, it has been unable to restart its economic engine and respond to globalization. How could the same political-economic system produce s...

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Bibliographic Details
Main Authors: Calder, Kent E
Published: Stanford University Press,
Publisher Address: Stanford, California :
Publication Dates: [2017]
Literature type: Book
Language: English
Subjects:
Summary: Japan grew explosively and consistently for more than a century, from the Meiji Restoration until the collapse of the economic bubble in the early 1990s. Since then, it has been unable to restart its economic engine and respond to globalization. How could the same political-economic system produce such strongly contrasting outcomes? This book identifies the crucial variables as classic Japanese forms of socio-political organization: the "circles of compensation." These cooperative groupings of economic, political, and bureaucratic interests dictate corporate and individual responses to such
Carrier Form: xvi, 297 pages : illustrations ; 24 cm
Bibliography: Includes bibliographical references (pages [277]-286) and index.
ISBN: 9781503602441 (paperback : alkaline paper) :
1503602443 (paperback : alkaline paper)
9780804798686 (cloth : alkaline paper)
0804798680 (cloth : alkaline paper)
Index Number: HC462
CLC: F131.30
Call Number: F131.30/C146
Contents: Introduction : confronting the paradox -- Paradox and Japanese public policy -- The circles-of-compensation concept -- The political economy of connectedness -- Finance -- Land and housing -- Food supply -- Energy -- Transportation -- Communications -- Japan's domestic circles and the broader world -- Models for the future -- Conclusion : unraveling the paradox.