Synopses & Reviews
This volume fills an important gap in the existing economic literature. While much has been written about Japan's pre-1990s institutions and economic performance, this text is unique in its forward-looking orientation - trying to understand not only the institutional and structural changes that have already reshaped Japan in the 1990s, but to identify the critical trends and institutional changes that will mold Japan's new economy over the next decade.
Table of Contents
1. Historical, Structural, and Macroeconomic Perspectives on the Japanese Economic Crisis,
David E. Weinstein2. Population, Labor Force, Saving, and Japan's Future, Andrew Mason and Naohiro Ogawa
3. Will Japan's Current Account Turn to Deficit?, F. Gerard Adams and Byron Ganges
4. Japan's Public Pension System in the Twenty-First Century, Charles Yuji Horioka
5. Japanese Labor Markets: Can We Expect Significant Change?, Marcu Rebick
6. Central Banking, Financial, and Regulatory Change in Japan, Thomas F. Cargill
7. Japan's Big Bang and the Transformation of Financial Markets, Takatoshi Ito and Michael Melvin
8. Has Japan Specialized in the Wrong Industries?, Edward N. Wolff
9. The Sogo Shosha: Finding a New Role?, Orjan Sjoberg and Marie Soderberg
10. Regulatory Reform in Japan: The Road Ahead, Sumner La Croix and James Mak
11. FDI in the Restructuring of the Japanese Economy, Magnus Blomström, Danise Konan, and Robert E. Lipsey
12. A New Millennium for Japanese-North American Economic Policy Relations?, Steven Globerman and Ari Kokko
13. Japan as Number Three: Effects of European Integration, Ari Kokko, Bruce Henry Lambert, and Fredrik Sjoholm
14. Economic Development in China and its Implications for Japan, Shigeyuki Abe, Chung H. Lee, and East-West Center