Japan's economic dilemma : the institutional origins of prosperity and stagnation / Bai Gao. 6

By: Gao, Bai, 4 0 16, 1955- [, ] | [, ] |
Contributor(s): 5 6 [] |
Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ; New York : Cambridge University Press, [2001]46Edition: Description: 24 cm. xi, 300 pagesContent type: text Media type: unmediated Carrier type: volumeISBN: 0521790255 (hardback)ISSN: 2Other title: 6 []Uniform titles: | | Related works: 1 40 6 []Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- Financial crises -- Japan. -- 20 -- | -- -- Economic conditions Japan -- 1989-20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | HC462.95 | .G36 20012Other classification:
Contents:
1. Introduction -- 2. Three Theoretical Issues -- 3. The Rise of the Principles of Coordination and Stability -- 4. Coordination, Excessive Competition, and High-Speed Economic Growth -- 5. Stability, Total Employment, and the Welfare Society -- 6. The Roads to the Bubble -- 7. The Struggle of the Welfare Society -- 8. Fighting the Stagnation.
Action note: In: Summary: The Japanese economy, after decades of seemingly unsurpassable competitiveness, experienced a major crisis in the 1990s. The depth of the crisis has been as remarkable as Japan's renowned meteoric success. Economies rise and fall, to be sure; but the magnitude of the Japanese economy's swing within such a short time, and in the absence of major wars, is unprecedented. Observers of Japan are faced with a challenging question: How can one explain Japan's seemingly abrupt reversal from stunning prosperity to dismal stagnation? Bai Gao not only explains the reversion but also goes beyond other analyses to demonstrate how the same economic institutions could produce both stunning international economic success and the subsequent, intractable slump of the 1990s.--BOOK JACKET. Other editions:
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Circulation Section 		Circulation-Circulating 330.952 G159j 2001 (Browse shelf) Available CD958
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Includes bibliographical references (p. 275-293) and index.

1. Introduction -- 2. Three Theoretical Issues -- 3. The Rise of the Principles of Coordination and Stability -- 4. Coordination, Excessive Competition, and High-Speed Economic Growth -- 5. Stability, Total Employment, and the Welfare Society -- 6. The Roads to the Bubble -- 7. The Struggle of the Welfare Society -- 8. Fighting the Stagnation.

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The Japanese economy, after decades of seemingly unsurpassable competitiveness, experienced a major crisis in the 1990s. The depth of the crisis has been as remarkable as Japan's renowned meteoric success. Economies rise and fall, to be sure; but the magnitude of the Japanese economy's swing within such a short time, and in the absence of major wars, is unprecedented. Observers of Japan are faced with a challenging question: How can one explain Japan's seemingly abrupt reversal from stunning prosperity to dismal stagnation? Bai Gao not only explains the reversion but also goes beyond other analyses to demonstrate how the same economic institutions could produce both stunning international economic success and the subsequent, intractable slump of the 1990s.--BOOK JACKET.

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