"This book investigates why the convergence of Japan's bank-centered financial system to an American-style capital market-based model has lost steam since the mid-2000s, despite financial deregulation during the 1980s and 1990s"
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Japan's capitalism: creative defeat and beyond
by Galbraith, John Kenneth, Tsuru, Shigeto
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Type: Book
Contributors discuss the potential disappearance, evolution, and reconstitution of nonliberal capitalism by analyzing its historical origins from 2 perspectives: emergence and survival of nonliberal capitalism, and causes of differences between systems.
Contributors discuss the potential disappearance, evolution, and reconstitution of nonliberal capitalism by analyzing its historical origins from 2 perspectives: emergence and survival of nonliberal capitalism, and causes of differences between systems.
"In this book, Japan's former top financial diplomat asserts the urgent need for wholesale structural reform to revitalize the long-stagnant Japanese economy. Eisuke Sakakibara, whose influence over global currency markets earned him the nickname of "Mr. Yen," envisions a social…
In this candid book, Japan's former top financial diplomat asserts the urgent need for wholesale structural reform to revitalize the long-stagnant Japanese economy. Eisuke Sakakibara envisions a social and economic revolution that encompasses all sectors of Japanese society.