This volume fills an important gap in the existing economic literature. While much has been written about Japan's pre-1990s institutions and economic performance, this text is unique in its forward-looking orientation - trying to understand not only the institutional and structural changes that have already reshaped Japan in the 1990s, but to identify the critical trends and institutional changes that will mould Japan's new economy over the next decade.

This volume fills an important gap in the existing economic literature. While much has been written about Japan's pre-1990s institutions and economic performance, this text is unique in its forward-looking orientation - trying to understand not only the institutional and structural changes that have already reshaped Japan in the 1990s, but to identify the critical trends and institutional changes that will mould Japan's new economy over the next decade.

This is a new analysis of recent changes in important Japanese institutions. It addresses the origin, development, and recent adaptation of core institutions, including financial institutions, corporate governance, lifetime employment, and the amakudari system.

After four decades of rapid economic growth in Japan, the 1990s saw the country enter a prolonged period of economic stagnation. Policy reforms were initially half-hearted, and businesses were slow to restructure as the global economy changed. The lagging economy has been impervious to aggressive fiscal stimulus measures and...

International trade continues to expand robustly in East Asia and elsewhere, but global trade negotiations have collapsed and globalization is widely criticized.

In this book, the participants of the thirtieth Pacific Trade and Development Conference--including the then-Director General of the World Trade Organization, and leading government officials, academics and executives from a dozen major Pacific Rim economies--debate whether global negotiations have ended once and for all, or are suffering temporarily from 'globalization fatigue;' whether East Asia's new regional...

Focuses on the recent surge of foreign and Taiwan investment to mainland China's coastal provinces. The 15 papers presented in this text provide data on the emerging pattern of East Asian investments in China and an understanding of the mistakes of early investors.