Japan's lame-duck support
Article Abstract:
Japanese industrial policy was once admired and contrasted favorably with policies in the US and Europe. Japanese industry then became more resistant to change, and the government proved less adept at selecting winners. Industry has since started to restructure, but government measures to help industry can sometimes do more harm than good. Financial markets are starting to apply pressure on companies, fostering restructuring. The government has to tackle restructuring and macroeconomic problems, and should give aid in exchange for restructuring.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
A Japanese puzzle
Article Abstract:
Japan's economy in the late 1980's contradicts many accepted notions on the relationship between current-account balance and long-term capital outflows. Long-term capital flowed into Japan at a time it was experiencing a growing current-account surplus.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Corporate Japan attempts another rebirth. Dawning: Japanese corporate governance. Wave riders: corporate performance in Japan
- Abstracts: Up, up and away: the yen. Life after death: Japanese bonds. Upward bound: Japanese money supply
- Abstracts: Investigating investment. Derive and rule. Exit Europe
- Abstracts: No man is an island. Britannia rules the waverers. No land in an island
- Abstracts: Papa knows best: Cambodia. Chaos, please: Cambodia