The Japanese Economic and Social System: From a Rocky Past to an Uncertain Future

The traditional Japanese economic model is doomed to failure, says Lonien (Free U. of Brussels), because of economic and industrial structures that are inappropriate to increasing globalization, liberalization, and deregulation. However, he compares Japanese-style industrial capitalism with the economic and social models of other developed countries, and suggests a path the Japanese economy might take in the 21st century in order to survive. His topics include long waves of the Japanese eco...