Umfang:
1 online resource (314 pages)
Ausgabe:
1st ed.
ISBN:
9780521790253
,
9780511154836
Inhalt:
Bai Gao's analysis of Japan's economic story goes beyond other analyses to demonstrate how the same economic institutions could produce stunning economic success and the slump of the 1990s. Those who have been following the lively debate over 'What became of the Japanese miracle?' will be rewarded by Gao's contribution
Anmerkung:
Cover -- Half-title -- Title -- Copyright -- Dedication -- CONTENTS -- ACKNOWLEDGMENTS -- CHAPTER 1 INTRODUCTION -- THREE THEORIES -- POINT OF DEPARTURE -- AN INSTITUTIONAL EXPLANATION -- THE STRUCTURE OF THIS BOOK -- CHAPTER 2 THREE THEORETICAL ISSUES -- THE INSTITUTIONAL PROCESS OF GLOBALIZATION AND THE TWO STRUCTURAL SHIFTS -- COORDINATION VERSUS CONTROL AND MONITORING: THE MECHANISM OF EXCESSIVE COMPETITION -- STABILITY VERSUS ELEVATING THE ECONOMIC STRUCTURE: THE MECHANISM OF TOTAL EMPLOYMENT -- CHAPTER 3 THE RISE OF THE PRINCIPLES OF COORDINATION AND STABILITY -- THE COLLAPSE OF THE GOLD STANDARD AND THE CRISIS OF THE LAST PEAK OF GLOBALIZATION -- MAINTAINING STABILITY AND THE RISE OF THE MANDATORY CARTELS -- THE EARLY PATTERN OF TOTAL EMPLOYMENT -- DIRECT STATE CONTROL OF RESOURCE ALLOCATION -- THE DEVELOPMENT OF INDIRECT FINANCING AND THE MAIN BANK SYSTEM -- THE CONTROL ASSOCIATIONS -- THE WEAKENING CONTROL OF MANAGEMENT BY SHAREHOLDERS AND BANKS' MONITORING OF CORPORATIONS -- THE DEVELOPMENT OF SUBCONTRACTING -- CONCLUSION -- CHAPTER 4 COORDINATION, EXCESSIVE COMPETITION, AND HIGH-SPEED ECONOMIC GROWTH -- HIGH GROWTH AND EXCESSIVE COMPETITION -- AN IMPORTANT POLICY MIX -- A STABLE SUPPLY OF INDUSTRIAL CAPITAL -- CONVOY ADMINISTRATION AND THE REDUCTION OF INVESTMENT RISKS -- MITI AND COMPETITIVE OLIGOPOLIES -- THE DEVELOPMENT OF THE KEIRETSU -- INDIRECT FINANCING -- THE MAIN BANK SYSTEM -- RECIPROCAL SHAREHOLDING -- THE ONE-SET INVESTMENT STRATEGY OF THE KEIRETSU -- PERMANENT EMPLOYMENT AND THE STRONG GROWTH ORIENTATION OF JAPANESE COMPANIES -- THE LIBERALIZATION OF TRADE AND FOREIGN INVESTMENT -- THE IMPACT OF EXCESSIVE COMPETITION ON ECONOMIES OF SCALE -- THE FAILURE OF THE NEW INDUSTRIAL SYSTEM -- THE PERSISTENCE OF THE DUAL ECONOMY -- CONCLUSION -- CHAPTER 5 STABILITY, TOTAL EMPLOYMENT, AND THE WELFARE SOCIETY
,
LOSING THE FOUNDATION OF TOTAL EMPLOYMENT -- SEARCHING FOR A STABLE INTERNATIONAL ENVIRONMENT -- SOME REFLECTIONS -- AN INSTITUTIONAL DIAGNOSIS OF THE STAGNATION -- REFERENCES -- INDEX
,
STABILITY AND TOTAL EMPLOYMENT -- THE U.S. EFFORT TO BUILD A MULTILATERAL INTERNATIONAL TRADE REGIME, JAPAN'S STRONG DEVELOPMENTAL ORIENTATION, AND PRIVATIZED... -- ASYMMETRIC COOPERATION WITH THE UNITED STATES AND THE WELFARE SOCIETY IN JAPAN -- THE PERMANENT EMPLOYMENT SYSTEM -- THE ROLE OF CARTELS -- THE POLITICS OF PROTECTING THE WEAK -- JAPANESE WOMEN IN THE LABOR MARKET -- THE TRADEOFFS OF THE TOTAL EMPLOYMENT STRATEGY -- CONCLUSION -- CHAPTER 6 THE ROADS TO THE BUBBLE -- EXCESSIVE COMPETITION AND THE TWO BUBBLES -- THE COLLAPSE OF THE BRETTON WOODS SYSTEM -- THE DILEMMA BETWEEN A STABLE EXCHANGE RATE AND THE BALANCE OF DOMESTIC DEMAND AND SUPPLY -- THE FIRST OIL SHOCK AND THE DEPARTURE OF CORPORATE FINANCE FROM THE MAIN BANKS -- THE LIBERALIZATION OF FINANCE -- ZAI'TECH -- MULTILATERAL POLICY COOPERATION AND THE PLAZA ACCORD -- THE OVERSUPPLY OF MONEY -- THE MAEKAWA REPORT -- THE ADOPTION OF AN EXPANSIONARY FISCAL POLICY -- EQUITY FINANCE -- BANKS DURING THE BUBBLE -- THE TWIST OF TECHNOLOGICAL INNOVATION -- FROM PRODUCTION TO SERVICE -- THE BEGINNING OF DEINDUSTRIALIZATION -- CONCLUSION -- CHAPTER 7 THE STRUGGLE OF THE WELFARE SOCIETY -- THE END OF ASYMMETRIC COOPERATION -- THE END OF THE HIGH GROWTH AND BEGINNING OF DECLINING PROFITABILITY -- TWO ATTEMPTED DEPARTURES FROM THE PAST -- THE CHALLENGE TO CARTELS AND THE STATE-LED NONMARKET GOVERNING MECHANISMS -- THE EXPANSION OF GOVERNMENT PROTECTION OF INEFFICIENT SECTORS AND SUNSET INDUSTRIES -- THE TRADEOFFS BETWEEN JOB SECURITY AND WAGES -- COMPETITION POLICY IN A WELFARE SOCIETY -- THE RISE OF INEQUALITY -- CONCLUSION -- CHAPTER 8 FIGHTING THE STAGNATION -- THE BURST OF THE BUBBLE -- THE DILEMMAS AMONG MULTIPLE POLICY OBJECTIVES AND THE LIQUIDITY TRAP -- STRENGTHENING BANK MONITORING -- THE EFFORTS IN TIGHTENING SHAREHOLDERS' CONTROL OVER MANAGEMENT
Weitere Ausg.:
Print version Gao, Bai Japan's Economic Dilemma Cambridge : Cambridge University Press,c2001 ISBN 9780521790253
Sprache:
Englisch
Schlagwort(e):
Electronic books
URL:
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