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Cover

The Japanese Economy

Third Edition

David Flath

March 2014

ISBN: 9780198702405

432 pages
Paperback
246x189mm

Price: £45.99

Comprehensive survey of Japan's economic history and current situation. Concise description of Japanese economic institutions and events, integrated with cogent explanations rooted in economic logic. Extensive annotation to the scholarly literature.

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Description

Comprehensive survey of Japan's economic history and current situation. Concise description of Japanese economic institutions and events, integrated with cogent explanations rooted in economic logic. Extensive annotation to the scholarly literature.

  • Comprehensive overview of all aspects of the Japanese economy
  • Broad-based introduction to the Japanese economy
  • Expanded coverage of recent developments in Japanese banking and macroeconomics

New to this edition

  • A new chapter on Public Economics and Taxes, a focus of current political debate in Japan
  • Updated Figures and Tables
  • Discussion of more recent events including the effects of the Lehman shock on Japan, the decline of Japan's national saving rate and its many effects
  • Citations to recent scholarship

About the Author(s)

David Flath, Professor, Faculty of Economics, Ritsumeikan University

David Flath is Professor of Economics at Ritsumeikan University and Professor Emeritus of North Carolina State University, where he was employed from 1976 to 2007. He has previously been Adjunct Professor of Economics at the Osaka University Institute of Social and Economic Research (2009-13),and Visiting Professor of Economics at Kyoto University (2001-2) and at Osaka University (1995-6). Flath is the author of numerous academic articles on the Japanese economy. His Japan-related research has been supported by an Abe Fellowship and by grants from the Japan Society for the Promotion of Science, the Social Science Research Council and the Japan-US Friendship Commission. His early forays into Japan were supported by the North Carolina Japan Center and by the Fulbright Program.

Table of Contents

    Introduction
    1:Incomes and Welfare of the Japanese Today
    2:Economic History, Part 1: The Tokugawa Period (1603-1868) and the Meiji Era (1868-1912)
    3:Economic History, Part 2: The Twentieth Century (1912-1945)
    4:Economic History, Part 3: Postwar Recovery (1945-1964)
    5:Saving
    6:Macroeconomy
    7:International Finance
    8:International Trade
    9:Industrial Policy
    10:Public Economy, Part 1: Government Spending
    11:Public Economy, Part 2: Taxes
    12:Environmental Policy
    13:Industrial Organization
    14:Finance
    15:Marketing
    16:Labor
    17:Technology
    Glossary

Reviews

Review from previous edition Flath skillfully uses the powerful engine of neoclassical economic theory to dissect and integrate the unique and colorful panorama of the Japanese economy . . . An exemplary book on an important country. - Choice

In conclusion, one really cannot fault this book and it was a pleasure to read. While it is not a history of the Japanese economy per se, one can open the book at almost any page and learn something about Japan's history in the context of its economy. It is a well-written, lucid and attractive book, and should be recommended reading for all students of Japan's economy and business. Its broad historical sweep should make it appealing to business historians, too, particularly those with an interest in economics. - Michael J. Lynskey, Business History