Circles of Compensation

Economic Growth and the Globalization of Japan

Kent E. Calder (Autor)

Buch | Softcover

320 Seiten

2017 | New edition
Stanford University Press (Verlag)
9781503602441 (ISBN)

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Japan grew explosively and consistently for more than a century, from the Meiji Restoration until the collapse of the economic bubble in the early 1990s. Since then, it has been unable to restart its economic engine and respond to globalization. How could the same political–economic system produce such strongly contrasting outcomes?

This book identifies the crucial variables as classic Japanese forms of socio-political organization: the "circles of compensation." These cooperative groupings of economic, political, and bureaucratic interests dictate corporate and individual responses to such critical issues as investment and innovation; at the micro level, they explain why individuals can be decidedly cautious on their own, yet prone to risk-taking as a collective. Kent E. Calder examines how these circles operate in seven concrete areas, from food supply to consumer electronics, and deals in special detail with the influence of Japan's changing financial system. The result is a comprehensive overview of Japan's circles of compensation as they stand today, and a road map for broadening them in the future.

Kent E. Calder is Director of the Reischauer Center for East Asian Studies at SAIS/Johns Hopkins University in Washington, D.C. He previously served as Special Advisor to the U.S. Ambassador to Japan and as Japan Chair at the Center for Strategic and International Studies, and he has taught at Princeton, Harvard, and Seoul National Universities.

Introduction: Confronting the Paradox
1. Paradox and Japanese Public Policy
2. The Circles-of-Compensation Concept
3. The Political Economy of Connectedness
4. Finance
5. Land and Housing
6. Food Supply
7. Energy
8. Transportation
9. Communications
10. Japan's Domestic Circles and the Broader World
11. Models for the Future
Conclusion: Unraveling the Paradox

Erscheinungsdatum	15.08.2017
Zusatzinfo	35 figures, 7 tables, 2 maps
Verlagsort	Palo Alto
Sprache	englisch
Maße	152 x 229 mm
Themenwelt	Sozialwissenschaften ► Politik / Verwaltung ► Politische Theorie
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
ISBN-13	9781503602441 / 9781503602441
Zustand	Neuware