Circles of Compensation : Economic Growth and the Globalization of Japan Paperback / softback
by Kent E. Calder
Paperback / softback
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Description
Japan grew explosively and consistently for more than a century, from the Meiji Restoration until the collapse of the economic bubble in the early 1990s.
Since then, it has been unable to restart its economic engine and respond to globalization.
How could the same political–economic system produce such strongly contrasting outcomes?This book identifies the crucial variables as classic Japanese forms of socio-political organization: the "circles of compensation." These cooperative groupings of economic, political, and bureaucratic interests dictate corporate and individual responses to such critical issues as investment and innovation; at the micro level, they explain why individuals can be decidedly cautious on their own, yet prone to risk-taking as a collective.
Kent E. Calder examines how these circles operate in seven concrete areas, from food supply to consumer electronics, and deals in special detail with the influence of Japan's changing financial system.
The result is a comprehensive overview of Japan's circles of compensation as they stand today, and a road map for broadening them in the future.
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Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Paperback / softback
- Pages:320 pages
- Publisher:Stanford University Press
- Publication Date:01/08/2017
- Category:
- ISBN:9781503602441
Other Formats
- Hardback from £87.01
- EPUB from £25.19
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Paperback / softback
- Pages:320 pages
- Publisher:Stanford University Press
- Publication Date:01/08/2017
- Category:
- ISBN:9781503602441