Research Catalog

Japan Inc. on the brink : institutional corruption and agency failure

Title: Japan Inc. on the brink : institutional corruption and agency failure / Susan Carpenter.
Author: Carpenter, Susan, 1943-
Publication: Houndmills, Basingstoke, Hampshire ; New York : Palgrave Macmillan, 2015.

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Status	Format	Access	Call Number	Item Location
Request for On-site Use Request Scan How do I pick up this item and when will it be ready?	Text	Request in advance	HJ192.5 .C37 2015	Off-site

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Details

Description

xix, 316 pages; 23 cm

Summary

"Based on the assessment of entrenched vested interests in Japan's political economy and the rigidity of the Japan Inc model, this book contends that structural reforms, the essential third arrow in Abe's 'Abenomics', will not happen. As a result, Abenomics is merely a combination of reckless monetary policy and ambiguous fiscal policies which will fail to regenerate Japan's fragile economy and cut sovereign debt. Japan Inc. on the Brink evaluates the consequences of Japan's protectionist policies throughout the post-war period on Japan's' current economic dilemma and details the continuing impact of the bursting of the asset-inflated bubble in 1989, discussing (i) the tendency of Japanese firms to over-invest and abandon their core competencies since the mid-1980s: (ii) creditor-corporate relations (percentages of shares and directorships); (ii) why large business failed during the past two decades, despite continuous capital investment and loans from creditors; (iv) why banks continued to loan to zombie companies; (v) reasons for the reticence of banks to change banking behaviour despite more regulation and monitoring by the MOF and FSA; (v) institutional corruption leading to agency failure"--

Subject

Bibliography (note)

Includes bibliographical references and index.

Contents

Machine generated contents note: -- INTRODUCTION1. Back to Basics?2. THE SIGN OF THE TIMES: Japan Inc (1955-1974)3.The Route to Heaven-on-Earth4.Pork-barrel Politics in the Prefectures: the winners5.The Japanese Economic Miracle: Japan Inc on Center Stage6.The Roaring 80s: The Bicycle Economy Out of Control7.The Metamorphous of Sanraku Inc8. The Martini, Glenfiddich and Babycham Marathons9.Marketing and Advertising Strategies: What's it all About?10.Bubble, Bubble Turmoil and Trouble11.Special Corporations: Insatiable12.The Skill at Disguising13.The Price of Pork-barrel Patronage: Beggars Can't be Choosers14. Still Bubbling.

ISBN

9781137469434 (hardback)
1137469439 (hardback)

LCCN

2014023220
99961603243

OCLC

ocn891427598
891427598
SCSB-9400540

Owning Institutions

Columbia University Libraries