1st Edition

Japanese Phoenix: The Long Road to Economic Revival The Long Road to Economic Revival

By Richard Katz Copyright 2003
368 Pages
by Routledge

320 Pages
by Routledge

Japan will recover and its economic achievements will once again earn the world's admiration, with sustained annual growth of three percent, perhaps more, well within reach. This is the confident forecast that begins Japanese Phoenix: The Long Road to Economic Revival by the author of Japan: The System That Soured, which several years ago accurately predicted Japan's current travails at a time... Read more
1. Introduction; Part One: A Tale of Two Problems: Supply and Demand; 2. The Incredible Shrinking Japan; 3. Overcoming the Dual Economy: Backward Sectors Are the Key to Japan's Revival; 4. Anorexia: The Labors of Sisyphus; Part Two: Macroeconomic Policy Debates; 5. Fiscal Dilemmas; 6. Monetary Magic Bullets Are Blanks; 7. Japan Cannot Export Its Way Out; Part Three: Globalization: A Progress Report; 8. Globalization: The Linchpin of Reform; 9. Imports: Too Many Captives, not Enough Competitors; 10. Foreign Direct Investment: A Sea Change; 11. Financial Integration: The Iceberg Cracks; Part Four: Structural Reform: A Progress Report; 12. What Is Structural Reform? 13. Financial Reform: Big Bang vs. Financial Socialism; 14. Corporate Reform: No Competitiveness Without More Competition; 15. Competition Policy: Not Enough Competition; Even Less Policy; 16. Labor Reform: Mobility, Not Wage Cuts, Is the Name of the Game; 17. Deregulation and State Enterprises: The Momentum Is Clear, the Destination Is Not; 18. Tax Reform: Don't Exacerbate Anorexia; 19. Electoral Reform: Ending the One-Party State; 20. The U.S. Is Not Japan; 21. How the U.S. Can Help; 22. The Phoenix Economy

Biography

Richard Katz