Overview

This book aims to serve as a reading source for all those interested in the Japanese economic miracle. Japan's economy is invariably seen as a capitalist system, and a consideration of the elements upon which the Japanese economy is founded seems to lead to the conclusion that Japan is an established member of a group of highly developed capitalist nations. Yet a country's internal mechanisms can differ markedly from the system as perceived externally. Although not yet widely recognized, a new kind of economic system has developed in Japan, a system that differs greatly from traditional capitalism. The author of this book, as a former high-ranking official of the Ministry of International Trade and Industry, has observed Japanese industry from the inside. He provides detailed explanations of the unique features of the new corporate system, and how it differs from the system of orthodox capitalistic corporations. The book introduces a new perspective on Japan, one which provides an understanding of the development of the modern Japanese economy.

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9780710304889

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