The Rise Of The Japanese Corporate System

This book is essential reading for all those interested in the Japanese economic miracle. Japan's economy is invariable seen as a capitalist system, and a consideration of the elements upon which the Japanese economy is founded seems to lead inexorably to the conclusion that Japan is an established member of the group of highly developed capitalist nation. 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 Rise of the Japanese Corporate System introduces an important new perspective on Japan, one that provides a clear and complete understanding of the development of the modern Japanese economy.