Japanization What the World Can Learn from Japan's Lost Decades

Author/creator Pesek, William Author
Format Electronic
Publication InfoHoboken : John Wiley & Sons, Incorporated
Description240 p. 25.000 x 015.000 cm.
Supplemental ContentFull text available from Ebook Central - Academic Complete
Subjects

SeriesBloomberg Ser.
Summary Annotation An in-depth look at Japan's economic malaise and the steps it must take to compete globallyIn Japanization, Bloomberg columnist William Pesek--based in Tokyo--presents a detailed look at Japan's continuing twenty-year economic slow-down, the political and economic reasons behind it, and the policies it could and should undertake to return to growth and influence. Despite new Prime Minister Shinzo Abe's promise of economic revitalization, investor optimism about the future, and plenty of potential, Japanization reveals why things are unlikely to change any time soon.Pesek argues that "Abenomics," as the new policies are popularly referred to, is nothing more than a dressed-up version of the same old fiscal and monetary policies that have left Japan with crippling debt, interest rates at zero, and constant deflation. He explores the ten forces that are stunting Japan's growth and offers prescriptions for fixing each one.Offers a skeptical counterpoint to the popular rosy narrative on the economic outlook for JapanGives investors practical and detailed insight on the real condition of Japan's economyReveals ten factors stunting Japan's growth and why they are unlikely to be solved any time soonExplains why most of what readers believe they know about Japan's economy is wrongIncludes case studies of some of the biggest Japanese companies, including Olympus, Japan Airlines, Sony, and Toyota, among othersFor many investors, businesspeople, and economists, Japan's long economic struggle is difficult to comprehend, particularly given the economic advantages it appears to have over its neighbors. Japanization offers a ground-level look at why its problems continue and what it can do to change course.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
ISBN9781118780695
ISBN1118780698 (Trade Cloth) Forthcoming
Standard identifier# 9781118780695
Stock number00028608

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