Arthritic Japan : the slow pace of economic reform / Edward J. Lincoln.

Format:

Book

Author/Creator:

Lincoln, Edward J.

Language:

English

Subjects (All):

Japan--Economic conditions--1989-.

Japan.

Japan--Economic policy--1989-.

Physical Description:

1 online resource (259 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : Brookings Institution Press, c2001.

Language Note:

English

Summary:

In the late 1980s, Japan's strong economic performance put it on a the verge of becoming a major player in regional and global affairs. But nearly a decade of economic stagnation, a mounting of bad debts, and a continuing stream of scandals have tarnished the country's distinctive economic model. At the turn of the millennium, the Japanese economy remained mired in a pattern of stagnation. As this disappointing condition dragged on, the government pursued policies to restore economic health. Yet Japan has been slow to embrace the systemic reform on which a robust economic recovery depends. In Arthritic Japan, Edward J. Lincoln examines the causes and implications of this weak response. Concluding that Japan is unlikely to pursue the vigorous reform necessary for economic growth, Lincoln warns of serious consequences: a stumbling economy bedeviled by recession and financial crisis, eroding leadership in economic and security issues, a continued defensive trade posture, and a disgruntled population that could turn a more nationalistic stance in foreign policy.

Contents:

Intro

Title Page

Copyright Page

Foreword

Table of Contents

Chapter 1: Introduction

Chapter 2: The Postwar Economic System

Chapter 3: The Argument for Change

Chapter 4: Vested Interests

Chapter 5: Consistency with Society

Chapter 6: Weak Outcomes

Chapter 7: Implications for American Policy

Notes

Index.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references and index.

ISBN:

9780815798712

0815798717

OCLC:

614643750