Japanese Capitalism in Crisis: A Regulationist Interpretation

ISBN-13: 9780415205597 / Angielski / Twarda / 2000 / 256 str.

Robert Boyer; Toshio Yamada

Opis

Is Japan totally exceptional or is it a typical market economy? Is the poor macroeconomic performance of the 1990s down to archaic institutions or short term monetary and budgetary policies? Is the Japanese manufacturing system based on solid ground or does the bursting of the bubble highlight fundamental structural weaknesses? Should the Japanese authorities preserve the main tenets of their post-World War II economic institutions or should they do more to embrace market led capitalism? The contributions to Japanese Capitalism in Crisis show that there can be a middle ground between these extremes and delivers two benefits: a deeper understanding of long term development and an extension of existing theory. A regulationist approach is used to examine how the periods of growth and crisis can be attributed to the institutions which govern capital accumulation. This book should prove to be of value to students and researchers studying the economies of Japan and other east Asian countries as well as all those interested in patterns of boom and recession worldwide.

Spis treści

Introduction: a puzzle for economic theories Robert Boyer and Toshio Yamada Part I Institutional interpretations and theories 1. Japanese capitalism and the companyist compromise Toshio Yamada 2. The hierarchical market-firm nexus as the Japanese mode of régulation Akinori Isogai, Akira Ebizuka and Hiroyasu Uemura 3. Disproportionate productivity growth and accumulation regimes Hiroyuki Uni Part II The wage labour nexus, forms of competition, financial regime: major structural transformations 4. The capital-labour compromise and the financial system: a changing hierarchy Hironori Tohyama 5. 'Industrial welfare' and 'company-ist' régulation : an eroding complementarity Masanori Hanada and Yasuro Hirano 6. The financial mode of régulation in Japan and its demise Naoki Nabeshima Part III What crisis and what futures? 7. The wage labour nexus challenged: more the consequence than the cause of the crisis Robert Boyer and Michel Juillard 8. Growth, distribution and structural change in the post-war Japanese economy Hiroyasu Uemura 9. Beyond the East Asian economic crisis Yasuo Inoue 10. Some limitations on Japanese competitiveness enjamin Coriat, Patrice Geoffron and Marianne Rubenstein Conclusion: an epochal change ... but uncertian future Robert Boyer and Toshio Yamada

O autorze

Robert Boyer, Toshio Yamada