WHERE IS THE JAPANESE ECONOMY HEADED?

Motomichi Ikawa

Pacific Economic Review, 2005, vol. 10, issue 4, 493-514

Abstract: Abstract. The Japanese economy now seems to be emerging from the negative legacy of the collapse of the bubble in the 1990s. In order to assess where the economy is going, the paper reviews the decade‐long stagnation and subsequent recovery in the context of globalization, with reference to policies of the Japanese government and management practices of the corporate sector. The rebirth of the Japanese economy will be forthcoming as long as ongoing policy efforts of the government and private‐sector management endeavours continue, in a harmonious way and in the context of globalization.

Date: 2005
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