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The Japanese Economy, second edition
by Takatoshi Ito Takeo HoshiThe second edition of a comprehensive account of all the major aspects of the Japanese economy, substantially updated and expanded.This textbook offers a comprehensive, rigorous but accessible account of all the major aspects of the Japanese economy, grounding its approach in mainstream economics. The second edition has been extensively revised and substantially updated, with new material that covers Japan's period of economic stagnation between 1991 and 2010. The first edition, published in 1992, focused on Japan as a success story of catch-up economic development; this edition reflects the lessons learned from Japan's Lost Two Decades.After presenting the historical background, the book begins with macroeconomics, studying growth and business cycles. It then covers essential policy issues, with new material that takes into account the Japanese banking crisis of 1997–1998 and the global financial crisis of 2008–2009, discussing financial regulation, monetary policy, and fiscal policy. It goes on to examine saving, demography, and social security in light of Japan's ongoing demographic transition; industrial organization; labor markets; international trade and international finance; and the Japan–U.S. relationship. A new chapter offers a detailed analysis of the Lost Two Decades, synthesizing and applying concepts discussed in previous chapters and offering insights into such issues as successful catch-up growth, demographic shifts, and credit booms and busts.
Japanese Education since 1945: A Documentary Study
by Edward R. Beauchamp James M. Vardaman JrA study of postwar education in Japan which is intended to shed light on the development of Japanese educational policy. Major educational documents are included, some taken from records of the American occupation forces and others being original translations from Japanese sources.
Japanese Equities: A Practical Guide to Investing in the Nikkei
by Michiro NaitoAn indispensable resource for anyone wishing to understand and successfully invest in the Nikkei. Recent years have seen steady growth in investor interest in the Japanese equity market, the second largest in the world. Japanese Equities describes how the Nikkei works, explains its driving factors and presents a collection of insightful case studies to help you successfully invest in the market. Author Michiro Naito, a former equity derivatives/quantitative strategist for J.P. Morgan Securities Japan, helps you understand the ups and downs of the market and capitalise on its money-making opportunities. Already a substantial part of many equity investor portfolios, the Nikkei exhibits characteristics that respond more sensitively to global economic conditions than other developed markets. This valuable book helps you grasp the idiosyncrasies of the market and correctly time investing decisions to maximise profits. This English translation of the original Japanese book includes additional chapters discussing recent political developments that influence the Japanese economy such as the re-election of Prime Minister Shinzo Abe, the trade policies of Donald Trump (the US-China trade war) and the difference in monetary policy between the Bank of Japan and the FED. This book: Offers a simple quantitative strategy to take advantage of the cyclical trends and repeating patterns of the Nikkei to attain desirable returns Explains how derivatives instruments affect the equity market, which is seldom covered in textbooks Highlights a quantitative approach supported by solid historical back-tests Discusses fundamental and technical factors that underlie the movement of the Japanese equity market Provides insights drawn from the author’s decades-long research and experience working in the securities industry Japanese Equities: A Practical Guide to Investing in the Nikkei is a must-have text for investors, hedge fund and pension fund managers, academics, researchers and students of international finance.
Japanese Etiquette Today
by Michiko Sasaki Vardaman James M. VardamanJapan today "looks" more and more Western, principles governing social and business relations become harder to see. Most foreigners know that Japanese etiquette differs from that of other countries, but few people know the extent of the differences. It is this diversity that first attracted the authors of Japanese Etiquette Today, a book written to make working and living in Japan enjoyable and rewarding experiences.The authors look at a variety of formal and informal occasions governed by subtle rules-visiting a Japanese office and h ome, giving and returning gifts, attending weddings and funerals, and much more. The result is an informal overview of Japanese society and a manual of practical advice on getting a long in that society. Complete with essential vocabulary and phrases, this handy guidebook explains what to do and perhaps more important what not to do, what to say, what to wear, indeed, whatever you need to observe the complex rules of modern Japanese etiquette.
Japanese Etiquette Today
by Michiko Sasaki Vardaman James M. VardamanJapan today "looks" more and more Western, principles governing social and business relations become harder to see. Most foreigners know that Japanese etiquette differs from that of other countries, but few people know the extent of the differences. It is this diversity that first attracted the authors of Japanese Etiquette Today, a book written to make working and living in Japan enjoyable and rewarding experiences.The authors look at a variety of formal and informal occasions governed by subtle rules-visiting a Japanese office and h ome, giving and returning gifts, attending weddings and funerals, and much more. The result is an informal overview of Japanese society and a manual of practical advice on getting a long in that society. Complete with essential vocabulary and phrases, this handy guidebook explains what to do and perhaps more important what not to do, what to say, what to wear, indeed, whatever you need to observe the complex rules of modern Japanese etiquette.
Japanese Facsimile Industry in 1990
by Michael J. EnrightJapanese firms dominate the facsimile machine industry, accounting for more than 90% of worldwide sales. This case explores the reasons for this dominance.
Japanese Financial System: From Postwar to the New Millennium
by Ulrike SchaedeDescribes the development of the Japanese financial system, from extensive regulation and fund allocation through administrative guidance in the 1950s to the banking crisis and legal and structural reorganization in the 1990s. Special emphasis is on the processes of regulation, the inherent logic of the early postwar system, and the forces that triggered change in the 1980s. Extensive data materials are provided.
Japanese Firms During the Lost Two Decades
by Jun-Ichi NakamuraWhy has Japan's lost decade become the lost two decades? This book attempts to provide a novel perspective on causes of stagnant productivity growth of the Japanese corporate sector during the lost two decades. Exploiting the corporate financial dataset compiled by the Development Bank of Japan, it shows empirical evidence that an excessive conservative financial policy of firms in good standing were responsible for sluggish reallocation of productive resources after the recovery of "zombie" firms. The questions taken up in the book include: How can "zombie" firms be properly identified only on the basis of financial data? Why did a majority of "zombie" firms eventually recover? Why did the productivity and profitability of the corporate sector as a whole remain low even after the recovery of "zombie" firms? Why did firms in good standing stick to an excessive conservative financial policy and seem reluctant to invest for innovation? What can be the effective prescription to revitalize these firms in good standing? Supported by both in-depth data analyses and rich anecdotal evidence, this book is highly recommended to readers who seek a convincing and comprehensive explanation of Japan's lost two decades from the financial and corporate behavioral points of view.
Japanese Firms in Europe: A Global Perspective (Routledge Studies in Global Competition)
by Frédérique SachwaldIn this study, the contributors examine the evolution of Japanese direct investment in Europe and explore its determinants. They illustrate how, as multinationals, Japanese firms adapt to local conditions and try to take advantage of a global organisation. In this respect, three areas in particular are explored: human resource management, relationships with suppliers and R&D unit locations.
The Japanese Foreign Exchange Market (Routledge Studies in the Growth Economies of Asia)
by Beate ReszatIn recent years, Japan's financial market has seen dramatic changes, in particular the explosive growth of currency trading and the increasing international role of the yen. This book gives a comprehensive overview of this activity. This work is the first non-Japanese language title to examine the prolific rise of Japan's foreign currency exchange market, its idiosyncracies, and its future role in the global economy. It is vital reading for economists and students of Japan-related subjects.
Japanese Foreign Investments, 1970-98: Perspectives and Analyses
by Dipak R. Basu Victoria MiroshnikDrawing on numerous Japanese and non-Japanese primary and secondary sources, this highly informative book analyzes all aspects (both domestic and international) of foreign direct investment made by Japan's multinational corporations in Asia, the European Union, and the U.S. It covers the critical period from 1970 -- the point at which Japan's economy reached a level of global importance -- through 1998 -- the nadir of Japan's economic woes. The book offers numerous perspectives to explain the changing characteristics of Japan's FDI practices over the period. The text is well supported by some 50 figures and data tables compiled from both Japanese government ministries and multinational corporations.
Japanese Global Management
by Katsuo YamazakiThe Japanese management style is unique compared with those in the U. S. and Europe as is the overseas operation for Japanese companies. This book demonstrates the three essences for successful overseas operations that global enterprises as well as Japanese companies possess.
Japanese Global Strategy: Overseas Operations And Global Marketing
by Katsuo YamazakiThis book examines the global corporate strategy of Japanese multi-national enterprises (MNEs) and analyses their position in today’s business environment. Focusing in particular upon Indonesia, Kenya, Nigeria, South Africa, Sri Lanka and Vietnam, Japanese Global Strategy presents nine empirical case studies on companies including Denso, Furukawa Electric and Yamaha Motor. Based on questionnaires and interviews with senior managers, this book applies the hybrid theories of application and adaptation to each company’s corporate strategy. By delving into the historical reasons behind investing in strategy, the author asserts that MNEs should be a priory for Asian markets, making this an invaluable read for anyone researching international business and Asian business more specifically.
Japanese Human Resource Management
by Naoki KuriyamaThis book is a comprehensive study underpinned by thirty years of research conducted by the author relating to Japanese human resource management and labour-management relations. Its aim is to achieve a better understanding of the Japanese model for human resource management and labour standards issues, and its transferability to supply chains in Asia. Seeking a better understanding of the strength of Japanese management and its applicability to foreign countries, Japanese Human Resource Management introduces a new agenda for Japanese corporations that wish to operate in sustainable and inclusive ways in local societies and in global supply chains. Organized into three major themes this comprehensive study is essential reading for students, researchers and government who wish to promote productivity improvement and constructive labour-management relations.
Japanese Industrial History: Technology, Urbanization and Economic Growth
by Carl MoskA detailed examination of the industrial development of Japan since the Meiji Restoration.
Japanese Industrial Transplants in the United States: Organizational Practices and Relations of Power (Studies on Industrial Productivity: Selected Works)
by Atsushi SumiFirst Published in 1998. Routledge is an imprint of Taylor & Francis, an informa company.
Japanese Industrialization and the Asian Economy: Edited By A. J. H. Latham And Heita Kawakatsu
by A.J.H. Latham Heita KawakatsuMuch has been made of the post-war Japanese economic miracle. However, the origins of this spectacular success and its effect on the region can actually be traced back to an earlier period of Asian history. In Japanese Industrialization and the Asian Economy the authors examine the factors which contributed to the period of major industrialization
Japanese Institutionalist Post-Keynesians Revisited: Inheritance from Marx, Keynes and Institutionalism (Evolutionary Economics and Social Complexity Science #29)
by Hiroyasu UemuraThis is the first book that systematically considers the academic achievements of Japanese institutionalist post-Keynesian economists in the postwar period and argues that we can learn much from their intellectual heritage. Those Japanese economists include the world-renowned figures, Shigeto Tsuru and Hirofumi Uzawa, whose inheritance came from Keynes, Marx, and institutionalism. In the era of globalization after the 1990s, economic inequality and social divide have intensified all over the world. In this situation, the academic achievements of those economists in postwar Japan should be reconsidered for the aim of establishing a new political economy. With this perspective, the book looks at what we can learn from Japanese institutionalist post-Keynesian economists In particular, the essence of research work that each of them developed is identified, focusing on the total image of the economy for contemporary capitalism. Those economists benefited from the diverse legacies of Keynes, Marx, Kalecki and institutionalist economists such as Veblen and Galbraith. When their research is examined systematically, Japanese institutionalist post-Keynesians are commonly characterized as those who developed their institutional analysis of contemporary capitalism with in-depth theoretical and empirical studies, with the aim of establishing their own political economy as the moral science of civil society. These important features provide us with insightful implications for institutional economics in the 21st century.
Japanese Investment and British Trade Unionism: Thatcher and Nissan Revisited in the Wake of Brexit (New Directions in East Asian History)
by Hitoshi SuzukiThis book revisits the long contested negotiation between the Thatcher administration and Nissan for the latter's first green-field plant in Europe. From the very beginning, the plant took Britain’s EC/EU membership and tariff-free access to the single market as a token. A considerable amount of aid including component supplies was provided to attract Japanese investment and to prevent its transfer to the continent. The successful launch of Sunderland highlighted improved Anglo-Japanese relations and put an end to the Japan-EC/EU trade conflict. But the price was paid by Nissan’s slump and fall, and by trade unions in both countries failing to keep counterchecks on management. Brexit and the fall of Carlos Ghosn were a double blow to Anglo-Japanese relations which are in a state of drift and need redefinition.
Japanese Inward Investment in UK Car Manufacturing (Routledge Revivals)
by Young-Chan KimThis title was first published in 2002. This compelling text provides fresh insight into an area that is often touched upon, but rarely examined in any great detail - the relationship between Multinational Enterprises (MNEs) and their host governments. Taking Japanese Foreign Direct Investment (FDI) strategy, arguably the model of FDI, Young-Chan Kim takes a revealing look at why the United Kingdom (UK) has dominated among the EU member states for FDI destination, while ironically losing its nationalized car manufacturers. Scholars of business history, international business and business economics will find this work invaluable.
A Japanese Joint Venture in the Pacific: Foreign bodies in tinned tuna (Routledge Contemporary Japan Ser.)
by Kate BarclayThe Japanese, and other Asians, are increasingly taking over some of the roles previously played by Europeans in the Pacific islands, which is giving rise to interesting new economic relationships, and interesting new interactions between nationalities. This book considers the role of the Japanese in the Solomon Islands, focusing in particular on a
Japanese Management: International perspectives (Routledge Frontiers of Business Management)
by Hitoshi IwashitaThis book provides a new understanding of the constellations of logics in Japanese management practices in Asia and the West. Through comparative ethnographic case studies in a Japanese multinational corporation (MNC), the book explores the cultural meanings of family, corporation, market and religion logics at each subsidiary’s site in Thailand, Taiwan, Belgium and the United States. In doing so, the book defines cultural space through an institutional logic approach. It argues that logics are culturally interpreted, which can impose a serious limitation on the institutional logic approach based on the analysis of Western society. It reveals that Japanese ‘family’ logics and Theravada Buddhism in Asia are strengthening each other and this directly supports the presupposition of amplification. It further elaborates on the ongoing constellations of logics that are continuously formed in relation to geographical contexts. The book also explains that the boundaries of organisational communities are not automatically formed by Japanese expatriates but constructed through actors’ profiles, which, in turn, raises their importance. Therefore, this book is a must-read for researchers, managers and anyone interested in Japanese MNCs.
Japanese Management: Tradition and Transition (Routledge Revivals)
by Arthur M. WhitehillFirst published in 1991, Japanese Management succeeds in filling a major gap by providing a thorough account of the evolution and day-to-day practices of management within the Japanese firm. The 14 chapters not only build the historical framework and modern cultural, economic, and social setting, but also effectively deal with the process of management. The final two chapters address some future challenges facing Japanese firms as they operate in the global business environment. This comprehensive book is a must read for students of business management.
Japanese Management for a Globalized World
by Satoko WatanabeThis book provides a comprehensive analysis of the changes that have taken place in the systems and practices of Japanese management over the last quarter century, identifies the positive and useful attributes that ought to be maintained, and clarifies the behavioral principles that form the groundwork of their strengths. Observing the changes in the business environment brought about by the forces of intensifying globalization, the book presents a highly effective management model that builds on the superior aspects of Japanese-style management while overcoming its weaknesses. It is a multi-layered human-resources management model that combines the mutually complementary aspects of the Japanese and Anglo-Saxon systems, incorporating the strengths of both systems. This hybrid model is aimed at increasing workplace motivation, promoting the creation of new value, and enhancing performance and can be used successfully in many countries around the world. It will be of interest to business strategists and consultants, scholars, and entrepreneurs.
Japanese Management in Change
by Norio KambayashiFollowing the burst of the "economic bubble" in the 1990s, many Japanese companies were required to reform their management systems. Changes in corporate governance were widely discussed during that decade in studies on "Japanese management. " These discussions have resulted in little progress, however, since Americanization became the dominant discourse concerning governance and the management system. There have been few studies conducted from an academic point of view on the internal aspects of organizations that practice traditional Japanese management theory. This book examines how, and the degree to which, the development of market principles accompanying the advances of globalization has affected the traditional Japanese system. It focuses on four aspects of corporate management: management institutions, strategy, organization, and human resource management. The aggregation of the new management system in Japanese companies is regarded as a distinctive Japanese-style system of management. With emphasis on these four aspects, research was conducted on the basic structure of that system, following changes in the market, technology, and society. Further, specific functions of the basic structure of the Japanese-style management system were studied. Those findings are included here, along with a discussion and analysis of the direction of future changes.