The post-war Japanese economy and Schumpeter's corporatist principle

Article Abstract:

Post-war Japan is not a good example of Schumpeter's corporatist principles in action, because resource allocation is dealt with more by civil servants rather Schumpeter's view, which placed for emphasis on the private sector, and because group effort dominates ethics, rather than Schumpeter's emphasis on individualism. The Japanese brand of corporatism more closely resembles a kind of capitalism dominated by bureaucracy which Schumpeter described as being like an oxygen tent. The idea of corporatism was set out by Pius XI, and backed by Schumpeter in 1945, but, though he was the sole big league economist to back this idea, he still placed a strong emphasis on free enterprise.

Japan, Beliefs, opinions and attitudes, Schumpeter, Joseph Alois

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Post-Soviet reform in Lativia: early progress and future prospects

Article Abstract:

Lativia has been moving toward a market economy since 1991, through government led reform, and new legislation has been set up to cover private property and other aspects of economic life, while old laws have been clarified. Latvia is affected by events and conditions in other former Soviet Union republics, but is aided by tied with Western countries such as Germany. Due to Latvia's relatively favourable circumstances, the country is well placed compared with other fomer Soviet republics, so is likely to spearhead the reform movement.

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Old lessons not learned: the clash of political and economic nationalism in Latvia

Article Abstract:

The problems of Latvia after Soviet occupation are examined in detail, with comparisons between Latvia, Lithuania and Estonian, and Latvia's previous period of independence from 1918 to 1940.

Economics, Research and Development in the Social Sciences and Humanities, Economic development

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