Rich Nation, Poor People

Jon Woronoff

Chapter 6 in The Japanese Economic Crisis, 1996, pp 99-126 from Palgrave Macmillan

Abstract: Abstract Judging by most of the standard indicators, Japan has prospered over the years and become a highly affluent nation. It already accounts for 13 percent of world gross national product. That is second only to the United States and well ahead of any European country. It is also the world’s biggest creditor. Per capita income reached $20,185 in 1990, placing it second only after the Swiss. Most people have cars, clothing, consumer gadgets, household appliances and sporting gear galore. More and more travel abroad or take vacations at home.

Keywords: Market Share; Japanese Company; Trade Union; Fringe Benefit; Dollar Term (search for similar items in EconPapers)
Date: 1996
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DOI: 10.1057/9780230375680_6

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