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The aim of this book is to evaluate accurately economic development mechanism and to extract valuable lessons from a comparison of the economic development of Japan and that of Germany. The book covers an extensive range of economic issues: (1) macro-economic factors: capital, labor, technology; (2) macro-economic policies: financial, monetary, industrial; (3) external shocks to both economies: oil crises, exchange rate fluctuations, environmental problems; (4) development processes of major industries: steel, chemicals, and automobiles. The analyses with this systematic and comprehensive approach provide useful insights for the general reader as well as guidelines for developing countries and for Eastern European countries in transition.
This book presents comparative research into the economic and industrial systems of Japan and Germany after the Second World War. Both Japan and Germany became "miracles" of economic development in the postwar reconstruction period, although their political, industrial, and corporate systems are quite different, as are the processes of development. The particular differences reflect the economic, social, and environmental backgrounds of the two countries. The aim of this book is to evaluate accurately the economic development mechanism and to extract valuable lessons from a comparison of the economic development of Japan and that of Germany.
This book presents comparative research into the economic and industrial systems of Japan and Germany after the Second World War. Both Japan and Germany became "miracles" of economic development in the postwar reconstruction period, although their political, industrial, and corporate systems are quite different, as are the processes of development. The particular differences reflect the economic, social, and environmental backgrounds of the two countries. The aim of this book is to evaluate accurately the economic development mechanism and to extract valuable lessons from a comparison of the economic development of Japan and that of Germany.
After the devastation of World War II, Germany and Japan built national capitalist institutions that were remarkably successful in terms of national reconstruction and international competitiveness. Yet both "miracles" have since faltered, allowing U.S. capital and its institutional forms to establish global dominance. National varieties of capitalism are now under intense pressure to converge to the U.S. model. Kozo Yamamura and Wolfgang Streeck have gathered an international group of authors to examine the likelihood of convergence—to determine whether the global forces of Anglo-American capitalism will give rise to a single, homogeneous capitalist system. The chapters in this volume approach this question from five directions: international integration, technological innovation, labor relations and production systems, financial regimes and corporate governance, and domestic politics. In their introduction, Yamamura and Streeck summarize the crises of performance and confidence that have beset German and Japanese capitalism and revived the question of competitive convergence. The editors ask whether the two countries, confronted with the political and economic exigencies of technological revolution and economic internationalization, must abandon their distinctive institutions and the competitive advantages these have yielded in the past, or whether they can adapt and retain such institutions, thereby preserving the social cohesion and economic competitiveness of their societies.
Tests the understanding of basic economic concepts by high school students.
Gender, Growth and Trade examines the role of women as a flexible, contingent workforce in Germany and Japan. This unique comparative study of two of the world's foremost industrialized economies situates empirical results in the context of broader cultural concerns, considering issues such as market flexibility, unemployment, union policy and labour market institutions.
In light of the growing global economic importance of East Asia, this book analyzes and compares the extraordinary development paths and strategies of Japan, South Korea, and China. It examines both the factors that enabled these countries’ prolonged periods of high-speed economic growth, and the reasons for their subsequent “cool-downs.” In addition, the book illustrates how their development strategies served as role models for one another, and what current and future developing countries can learn from the East Asian success stories. This book will appeal to scholars and students of economics and development studies with an interest in the East Asian development model.
An essential guide to the current state of Market Entry in Japan that illustrates the challenges, opportunities and routes to successfully doing business in Japan. It offers a short but scientifically well-founded overview of the ways into the Japanese market that promise success.
The flow of goods, capital technology and organisational know-how between Japan and China has increased dramatically, yet the relationship between the two countries remains far below its potential scope. The differing economic structures of the two countries, the mutual political distrust and the burden of an unsettled historical past stand in the way of a more intensive economic integration. This book combines up to date research from the German Institute for Japanese Studies (DIJ) with papers from a conference organised jointly with the Fujitsu Research Institute (FRI) and is an essential tool for academics and those doing business in East Asia.
A major addition to the literature on modern Japanese development, emphasizing the role of ideas and ideology.