Buch

Institutional change in Japan

This is a new analysis of recent changes in important Japanese institutions. It addresses the origin, development, and recent adaptation of core institutions, including financial institutions, corporate governance, lifetime employment, and the amakudari system. After four decades of rapid economic growth in Japan, the 1990s saw the country enter a prolonged period of economic stagnation. Policy reforms were initially half-hearted, and businesses were slow to restructure as the global economy changed. The lagging economy has been impervious to aggressive fiscal stimulus measures and has been plagued by ongoing price deflation for years. Japan's struggle has called into question the ability of the country's economic institutions, originally designed to support factor accumulation and rapid development, to adapt to the new economic environment of the twenty-first century. This book discusses both historical and international comparisons including Meiji Japan, and recent economic and financial reforms in Korea, Scandinavia, Switzerland, and New Zealand, placing the current institutional changes in perspective. The contributors argue that, contrary to conventional wisdom that Japanese institutions have remained relatively rigid, there has been significant institutional change over the last decade.

ISBN
978-0-203-96881-9
Sprache
Englisch

Erschienen in
Series: European Institute of Japanese Studies, East Asian Economics & Business Series ; No. 8

Klassifikation
Wirtschaft
Thema
Institutioneller Wandel
Sozialer Wandel
Corporate Governance
Politische Reform
Stagnation
Altersgrenze
Arbeitsmobilität
Japan
Ehe

Ereignis
Geistige Schöpfung
(wer)
Blomström, Magnus
La Croix, Sumner J.
Ereignis
Veröffentlichung
(wer)
Routledge
(wo)
London
(wann)
2006

DOI
doi:10.4324/9780203968819
Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Buch

Beteiligte

  • Blomström, Magnus
  • La Croix, Sumner J.
  • Routledge

Entstanden

  • 2006

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