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Japan today is caught up in chronic economic crisis, its financial system wracked by record-breaking bankruptcies and its companies hobbled by bad balance sheets, overproduction, and weak consumer demand. In turn, Japan's faltering fortunes have sent shock waves across Asia, triggering the collapse of economies in South Korea, Thailand, and other Asian countries that followed its model for rapid growth and development. While a growing chorus of Japanese politicians, business leaders, and economic analysts blame the current troubles on the misguided policies of Japan's Ministry of Finance,...

This classic account (1952) of the makers of "New Japan" tells the life stories of a journalist, an ex-Navy vice-admiral, a steel worker, a farmer, and Emperor Hirohito. Frank Gibney was a wartime intelligence officer who became Time magazine correspondent during the American Occupation of Japan. He went on to be a major interpreter of Japan to Americans and America to Japanese, known as a knowledgeable, genial presence in the PBS series Pacific Century.
In the late 1940s and early 1950s, Japan was a poor, broken, and troubled society. Many in both Japan and the...

This classic account (1952) of the makers of "New Japan" tells the life stories of a journalist, an ex-Navy vice-admiral, a steel worker, a farmer, and Emperor Hirohito. Frank Gibney was a wartime intelligence officer who became Time magazine correspondent during the American Occupation of Japan. He went on to be a major interpreter of Japan to Americans and America to Japanese, known as a knowledgeable, genial presence in the PBS series Pacific Century.
In the late 1940s and early 1950s, Japan was a poor, broken, and troubled society. Many in both Japan and the...