1999 Reports
Japan at a crossroads
Following our review of recent economic changes in Japan, we continue or study by speculating on the future course of macroeconomic changes of the IS balance and the trade balance associated with population aging and post-industrialization. Interpreting Japanese-style capitalism as a joint politics-bureaucracy-business utility maximization, we discuss the process of its demise as the collapse of this collective utility function.
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More About This Work
- Academic Units
- Center on Japanese Economy and Business
- Publisher
- Center on Japanese Economy and Business, Graduate School of Business, Columbia University
- Series
- Center on Japanese Economy and Business Working Papers, 167
- Published Here
- February 10, 2011