This core textbook is the definitive overview of the Japanese economy. It charts its history from the period before the Meiji restoration and its astonishing growth throughout the twentieth century before conducting a thorough analysis of the contemporary scene and the implications of the ongoing financial crisis.

Written by a leading authority in the field, this is the only book to include substantive material on post-crisis Japan and it includes key material on international trade and foreign direct investment. Timely and topical, it gives a clear overview of the Japanese...

Japan is living in the shadow of its economic miracle. Its stagnation and decline relative to other advanced economies since the early 1990s is a consequence of business and government difficulty in breaking away from once-successful practices. The Japanese postwar economic miracle created the world's second largest capitalist economy. This remarkable performance, in the face of such enormous obstacles, helped solidify, even sanctify, the institutions, methods, and political arrangements associated with the economic miracle. Based upon a decade of research articles distributed in the Japan...

Japan is living in the shadow of its economic miracle. Its stagnation and decline relative to other advanced economies since the early 1990s is a consequence of business and government difficulty in breaking away from once-successful practices. The Japanese postwar economic miracle created the world's second largest capitalist economy. This remarkable performance, in the face of such enormous obstacles, helped solidify, even sanctify, the institutions, methods, and political arrangements associated with the economic miracle. Based upon a decade of research articles distributed in the Japan...