Japan's Economic Dilemma - The Institutional Origins of Prosperity and Stagnation

Bai Gao explains Japan??s economic reversal from miracle growth to the slump of the 1990s.

List of contents

1. Introduction; 2. Three theoretical issues; 3. The rise of the coordination and stability principles; 4. Coordination, excessive competition, and the high growth; 5. Stability, total employment, and the welfare society; 6. The roads toward the bubble; 7. The crisis of the welfare society; 8. Epilogue.

Summary

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.

Product details

• Authors: Bai Gao, Gao Bai
• Publisher: Cambridge Academic
• Languages: English
• Product format: Hardback
• Released: 31.07.2015
• EAN: 9780521790253
• ISBN: 978-0-521-79025-3
• Dimensions: 152 mm x 229 mm x 22 mm
• Weight: 630 g
• Illustrations: 11 b/w illus. 8 tables, Zeichnungen, nicht spezifiziert, Tabellen, nicht spezifiziert
• Subjects: Natural sciences, medicine, IT, technology > Geosciences > Geography; Social sciences, law, business > Business > Economics; Japan, POLITICAL SCIENCE / Political Economy, Political Economy