Institutional and technological change is a highly topical subject.
At the theoretical level, there is much debate in the field of
institutional economics about the role of technological change in
endogenous growth theory. At a practical policy level, arguments
rage about how Japan and the Japanese economy should plan for the
future. In this book, leading economists and economic historians of
Japan examine a range of key issues concerning institutional and
technological change in Japan, rigorously using discipline-based
tools of analysis, and drawing important conclusions as to how the
process of change in these areas actually works. In applying these
ideas to Japan, the writers in this volume are focusing on an issue
which is currently being much debated in the country itself, and
are helping our understanding of the world's second-largest
economy.
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