Japans Economic Dilemma: The Institutional Origins of Prosperity and Stagnation Bai Gao

ISBN: 9780521790253

Published: August 27th 2001

Hardcover

314 pages


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Japans Economic Dilemma: The Institutional Origins of Prosperity and Stagnation  by  Bai Gao

Japans Economic Dilemma: The Institutional Origins of Prosperity and Stagnation by Bai Gao
August 27th 2001 | Hardcover | PDF, EPUB, FB2, DjVu, audiobook, mp3, RTF | 314 pages | ISBN: 9780521790253 | 5.12 Mb

After decades of seemingly unsurpassable growth and prosperity, Japans economy declined in the 1990s. The reversal stunned observers: How could the economy have reversed itself so abruptly? Bai Gaos illuminating analysis of Japans economic storyMoreAfter decades of seemingly unsurpassable growth and prosperity, Japans economy declined in the 1990s.

The reversal stunned observers: How could the economy have reversed itself so abruptly? Bai Gaos illuminating analysis of Japans economic story demonstrates how the same economic institutions could produce both remarkable successes and a prolonged slump. In Japans Economic Dilemma, Gao describes tensions within the Japanese economic system that created a bubble in the 1980s, yet became unsustainable and led to a stagnant domestic economy in the 1990s.

Those who have been following the lively debate over What became of the Japanese Miracle? will appreciate Gaos historical perspective and multilayered analysis. Bai Gao is an associate professor in the department of sociology at Duke University in Durham, North Carolina. He was a visiting scholar at Tokyo University and taught at Hitotsubashi University and Yokohama National University. He is the author of Economic Ideology and Japanese Industrial Policy (Cambridge, 1997), which received the 1998 Hiromi Arisawa Memorial Award in Best Books in Japanese Studies from the Association of American University Presses.



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