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Japan's Managed Globalization - Adapting to the Twenty-first Century (Paperback)
Loot Price: R1,359
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Japan's Managed Globalization - Adapting to the Twenty-first Century (Paperback)
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Total price: R1,379
Discovery Miles: 13 790
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As Japan moves from a "catch-up" strategy to a post-developmental
stage, it is changing its actions and reactions both in terms of
international political economy and domestic policy issues. The
current changes in Japan can best be understood as following a path
toward "permeable insulation." Japan's government and economic
system continue to insulate domestic businesses from full
competition and the rigor of market forces, but this insulation is
also permeable because a decline in state power vis-a-vis the
private sector since the 1990s has combined with a decline in the
solidarity of private institutions (such as keiretsu or trade
associations) to make strategies of insulation much less rigid and
uniform. As a result of the "permeable insulation," Japan's
response to the global and domestic challenges of the 1990s is
neither one of full acceptance nor rejection of global standards
and practices. Instead, the basic scheme is one of pragmatic
utilization of new rules and circumstances to continue industrial
policies of promotion or protection in a new post-developmental
era. By bringing together in-depth case studies of eight critical
issue areas, this book looks at Japan's responses to globalization
and move toward "permeable insulation." Part 1 introduces the
reader to the concept of "permeable insulation" and provides a
detailed review of past practices and changes in policy. Part 2
deals with international trade issues, Japan's compliance with and
resistance to global trade rules, and the domestic interests
visible in Japan's compliance. Part 3 focuses on domestic measures
and policies that Japanese firms have used to adapt to the changes,
within Japan and abroad, triggered by globalization and
liberalization.
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