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In the Shadow of the Miracle: The Japanese Economy Since the End of High-Speed Growth
     

In the Shadow of the Miracle: The Japanese Economy Since the End of High-Speed Growth

by Arthur J. Alexander
 

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Japan is living in the shadow of its economic miracle. Its stagnation and decline relative to other advanced economies since the early 1990s is a consequence of business and government difficulty in breaking away from once-successful practices. The Japanese postwar economic miracle created the world's second largest capitalist economy. This remarkable performance, in

Overview

Japan is living in the shadow of its economic miracle. Its stagnation and decline relative to other advanced economies since the early 1990s is a consequence of business and government difficulty in breaking away from once-successful practices. The Japanese postwar economic miracle created the world's second largest capitalist economy. This remarkable performance, in the face of such enormous obstacles, helped solidify, even sanctify, the institutions, methods, and political arrangements associated with the economic miracle. Based upon a decade of research articles distributed in the Japan Economic Institute's weekly report on Japan, In the Shadow of the Miracle analyzes the sources of Japanese growth and the nature and scale of its current economic problems. Chapters examine the steps being taken by Japan's government and business leaders to address the mounting national economic problems and the impact on Japan of the wider Asian financial crisis (1997-99). A final section addresses the question of whether Japan is fundamentally different from other advanced economies.

Editorial Reviews

Journal of Japanese Studies
Alexander's book contains plenty of curious fact-finding, some of which isnot only of an economic nature, but also of a psychological, sociological, and political nature.

Product Details

ISBN-13:
9780739156315
Publisher:
Lexington Books
Publication date:
09/24/2002
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
362
File size:
16 MB
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Meet the Author

Arthur J. Alexander was President of the Washington, D.C. based Japan Economic Institute of America from 1990 to the Institute's closing in 2000. He is currently a visiting professor at Georgetown University and has taught at George Mason University, John Hopkins University's School of Advanced International Studies, the University of California, Los Angeles, and the Rand Graduate School.

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