Despite recent upheavals, Japan remains one of the dominant economic powers at the end of the twentieth century. Yet the Japanese economy is one of the most misunderstood phenomena in the modern world. Conventionally, Japan is presented as the exception to mainstream economic theory: an exception to the standard models of modern economics. This book demolishes that notion, bringing the full analytical power of economic thought to all aspects of the most dramatic economic success story in recent times. Written for advanced undergraduate and graduate courses, this book will be indispensable both for students and instructors alike. Lucid explanations and comprehensive and rigorous analysis make it a natural choice for anyone interested in comprehending the rise of the Japanese economy.
The Japanese Economy
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Editorial Reviews
Review
`]his book is ... a most welcome addition to the literature on Japan.' Michael J. Lynskey, Business History
`In conclusion, one really cannot fault this book and it was a pleasure to read. While it is not a history of the Japanese economy per se, one can open the book at almost any page and learn something about Japan's history in the context of its economy. It is a well-written, lucid and attractive book, and should be recommended reading for all students of Japan's economy and business. Its broad historical sweep should make it appealing to business historians, too, particularly those with an interest in economics.' Michael J. Lynskey, Business History
`An exemplary book on an important country.' C.J. Talele, CHOICE Nov. 00, Vol.38, No.3.
Comprehensive and up-to-date survey of the Japanese Economy. Flath convincingly shows that one can understand the Japanese economy using the standard tools in economics. Students can learn both basic economics and the Japanese economy at the same time. I am sure this will be the leading textbook on the subject. Takeo Hoshi, Associate Professor, Graduate School of International Relations and Pacific Studies, University of California, San Diego, 1999
`This book is ... a most welcome addition to the literature on Japan.' Michael J. Lynskey, Business History
`Comprehensive and up-to-date survey of the Japanese Economy. Flath convincingly shows that one can understand the Japanese economy using the standard tools in economics. Students can learn both basic economics and the Japanese economy at the same time. I am sure this will be the leading textbook on the subject.' Takeo Hoshi, Associate Professor, Graduate School of International Relations and Pacific Studies, University of California, San Diego, 1999
`In conclusion, one really cannot fault this book and it was a pleasure to read. While it is not a history of the Japanese economy per se, one can open the book at almost any page and learn something about Japan's history in the context of its economy. It is a well-written, lucid and attractive book, and should be recommended reading for all students of Japan's economy and business. Its broad historical sweep should make it appealing to business historians, too, particularly those with an interest in economics.' Michael J. Lynskey, Business History
`An exemplary book on an important country.' C.J. Talele, CHOICE Nov. 00, Vol.38, No.3.
Comprehensive and up-to-date survey of the Japanese Economy. Flath convincingly shows that one can understand the Japanese economy using the standard tools in economics. Students can learn both basic economics and the Japanese economy at the same time. I am sure this will be the leading textbook on the subject. Takeo Hoshi, Associate Professor, Graduate School of International Relations and Pacific Studies, University of California, San Diego, 1999
`This book is ... a most welcome addition to the literature on Japan.' Michael J. Lynskey, Business History
`Comprehensive and up-to-date survey of the Japanese Economy. Flath convincingly shows that one can understand the Japanese economy using the standard tools in economics. Students can learn both basic economics and the Japanese economy at the same time. I am sure this will be the leading textbook on the subject.' Takeo Hoshi, Associate Professor, Graduate School of International Relations and Pacific Studies, University of California, San Diego, 1999
About the Author
David Flath is Professor of Economics at North Carolina State University and a Research Associate at the Center for Japanese Economy and Business, Columbia University Graduate School of Business. He has previously been Professor of Economics at Osaka University.
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Inside This Book
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First Sentence:
A surprisingly wide range of opinions abounds concerning the economic well-being of the Japanese compared with the citizens of other countries. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
selected other nations, nontrade goods, zaibatsu founding families, wholesale steps, wartime industrial policy, dealing stipulations, largest debtholder, shi yoran, autarkic prices, financial keiretsu, financial debentures, low natural rate, tax stipulations, high national saving rate, price stipulations, public financial intermediaries, government financial intermediaries, retail density, public intermediaries, new zaibatsu, chúkin bank, major zaibatsu, reorder costs, net national saving rate, main bank system Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Bank of Japan, New York, World War, American Economic Review, Board of Trade, Journal of Political Economy, Oxford University Press, Large Store Law, Princeton University Press, American Occupation, Kozo Yamamura, Japan Development Bank, Harvard University Press, Stanford University Press, Yale University Press, University of Chicago Press, Cambridge University Press, David Flath, Meiji Japan, Patterns of Japanese Economic Development, University of Tokyo Press, Assets Liab, Bretton Woods, Edo Period New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
A surprisingly wide range of opinions abounds concerning the economic well-being of the Japanese compared with the citizens of other countries. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
selected other nations, nontrade goods, zaibatsu founding families, wholesale steps, wartime industrial policy, dealing stipulations, largest debtholder, shi yoran, autarkic prices, financial keiretsu, financial debentures, low natural rate, tax stipulations, high national saving rate, price stipulations, public financial intermediaries, government financial intermediaries, retail density, public intermediaries, new zaibatsu, chúkin bank, major zaibatsu, reorder costs, net national saving rate, main bank system Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Bank of Japan, New York, World War, American Economic Review, Board of Trade, Journal of Political Economy, Oxford University Press, Large Store Law, Princeton University Press, American Occupation, Kozo Yamamura, Japan Development Bank, Harvard University Press, Stanford University Press, Yale University Press, University of Chicago Press, Cambridge University Press, David Flath, Meiji Japan, Patterns of Japanese Economic Development, University of Tokyo Press, Assets Liab, Bretton Woods, Edo Period New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 117
books:
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12
books
cite this book:
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- Patterns of Japanese Economic Development: A Quantitative Appraisal (A publication of the Economic Growth Center, Yale University, & the Council on East Asian Studies, Yale University) by Kazushi Ohkawa on 10 pages
- Political Change and Industrial Development in Japan: Government Enterprise: 1868-1880 by Thomas C. Smith on 4 pages
- The Politics of Oligarchy: Institutional Choice in Imperial Japan (Political Economy of Institutions and Decisions) by J. Mark Ramseyer on page 32, page 56, and page 66
- The Japanese Experience of Economic Reforms by Juro Teranishi on page 83, page 85, and page 93
- Industrial Policy of Japan by Ryutaro Komiya on page 203, page 206, and page 212
See all 117 books this book cites
- Understanding Australia's Neighbours: An Introduction to East and Southeast Asia by Nick Knight on page 148, and Back Matter
- Japan's New Economy: Continuity and Change in the Twenty-First Century by Magnus Blomstrï¿1/2m in Front Matter, and page 239
- Trade with Japan: Has the Door Opened Wider? (National Bureau of Economic Research Project Report) by Paul Krugman on page 172
- Capitalism (Routledge Frontiers of Political Economy) by Victor D. Lippit in Back Matter
- Distribution in Japan by Yoshiro Miwa in Back Matter
See all 12 books citing this book
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