The Japanese Economic System under the Global Crisis: Change and Continuity

Satoshi Mizobata ()

Society and Economy, 2011, vol. 33, issue 2, 271-294

Abstract: The Japanese economy has continued to grow, albeit at a low rate, through the drastic changes in the Japanese economic system. The global crisis has seriously affected the Japanese economy, despite it causing only slight damage to the banking sector. The current global economic crisis will have far-reaching consequences on the economic system and structure. In this study, the economic characteristics following the bubble economy and the sustainability of the Japanese economic system are examined.

Keywords: Japan; economic crisis; liberalisation; economic system; corporate governance; labour market (search for similar items in EconPapers)
JEL-codes: D21 F02 M10 O53 P16 P52 (search for similar items in EconPapers)
Date: 2011
Note: The paper was prepared for the KIER-UNC international workshop with the Japanese Society for Comparative Economic Studies (JSCES) on 26 September 2009. I am grateful to Kenji Matsuoka (Ryukoku University), Steven Rosefielde (UNC) and Takumi Horibayashi (Kanazawa University) for their invaluable comments. Needless to say, any remaining errors are solely the author’s responsibility.
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Working Paper: The Japanese Economic System under the Global Crisis: Change and Continuity (2009)
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