Japanese Economy

1972 - 2025

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Digital money: New forms and old contradictions pp. 1-9: Costas Lapavitsas
The arduous path to moneyness: Cryptocurrencies compared to mobile money pp. 10-30: Costas Lapavitsas
Political economy of private cryptofinance. Technology and social relations pp. 31-54: Juan J. Duque
Could cryptocurrencies become monetary units of account? pp. 55-79: Nicolás Aguila
Displacement and complementarity between cryptocurrencies and legacy money pp. 80-104: Matteo Giordano
Beyond singularity and multipolarity: Functional fragmentation in the international monetary system pp. 105-132: Hanin Khawaja
The digital dollarization dilemma: Stablecoins and monetary subordination pp. 133-158: Carla Coburger
The struggle to become money: Bitcoin and the REC pp. 159-179: Sergi Cutillas Marquez
Hampered digitalization: Institutional failure and new instability in Japan pp. 180-207: Saori Shibata and Sébastien Lechevalier
The Japanese Financial Services Agency from 1998 to 2010: A regulatory state in the making pp. 208-232: Guillaume Larrouturou
Real exchange rate changes and employment in emerging economies: Sectorial analysis pp. 233-251: Nabil Alimi

Introduction to premature deindustralisation pp. 259-263: Robert Rowthorn and Nobuharu Yokokawa
Premature deindustrialization: A cautionary note pp. 264-275: Robert Rowthorn
A note on premature deindustrialization pp. 276-304: Hajime Sato and Hiroshi Kuwamori
Is Southeast Asia falling into a Latin American-style middle-income trap? pp. 305-337: José Gabriel Palma and Jonathan Pincus
Premature deindustrialization in Latin America: Comparative analysis of Argentina, Brazil, and Mexico pp. 338-353: Martin Lábaj and Erika Majzlíková
Premature deindustrialization, inter-sectoral employment shifts, and accelerated servicization pp. 354-373: Kazunori Fujimoto and D. Hugh Whittaker
China’s foreign policy in the Global Economy – Focus on the Belt and Road Initiative and US-China confrontation pp. 374-401: Hitoshi Hirakawa
Evaluating the impact of trade remedy measures on mature Japanese industries pp. 402-422: Keiichi Iwase and Shuichi Ishida
Correction pp. 423-424: The Editors

Introduction to special issue of the Japanese political economy: The rise and fall of the export-led industrialization model in the changing global economy pp. 115-119: Tomoo Marukawa
How can the value added of Vietnam’s export industries be increased? pp. 120-140: Haruhiko Nakamura and Tomoo Marukawa
India’s growth in the era of secular stagnation pp. 141-160: Eri Ikeda and Kannan Kumar
Korea’s economic growth and the growth model in the changing global economy pp. 161-184: Kang-Kook Lee
Japanese climate capitalism? Toward an understanding of industry’s changing attitudes toward climate change mitigation in Japan pp. 185-206: Myles Carroll
Interbank organization and central banking: Beyond M. Itoh’s contribution to the theory of credit and crisis pp. 207-228: Hideaki Tanaka
The welfare effects of partial tariff reduction in Japan pp. 229-252: Akihito Asano and Michiru Sakane
Book review of Modern Japanese Economic Thought: An Intellectual History to 1950 pp. 253-258: Gilles Campagnolo

Editorial introduction pp. 1-4: Nobuharu Yokokawa and Costas Lapavitsas
The Japanese history of Marxian value-form analysis: Focusing on the Unoist approach pp. 5-24: Kei Ehara and Akihito Imai
Unoist contributions to the triangular debate on money theory in Japan pp. 25-46: Tsuyoshi Yuki
Keynes and the drunkard under the lamp post: Making sense of Palley pp. 47-62: Arne Heise
Keynes’ denial of conflict: A reply to Professor Heise’s critique pp. 63-65: Thomas Palley
Exchange rate misalignment and trade fluctuations in Morocco: Empirical evidence pp. 66-90: Nor-Eddine Oumansour and Zainab Azghour
Russo-Ukrainian War and the emerging new globalization: a critical review of relevant research pp. 91-113: Charis Vlados and Dimos Chatzinikolaou

Introduction: Is secular stagnation in Japan and the world the beginning of a new great depression? pp. 295-307: Nobuharu Yokokawa
The crisis of neo-liberal capitalism pp. 308-323: Prabhat Patnaik
Persistent institutional malfunctioning in the Eurozone pp. 324-345: Matteo Giordano and Costas Lapavitsas
An inquiry concerning Japanese yen swap yields pp. 346-371: Tanweer Akram and Khawaja Mamun
Will democracy support switching from targeting to universalism? pp. 372-394: Mauricio Bugarin

Introduction to special issue of the Japanese Political Economy: The political economy of climate change pp. 137-140: Robert Pollin
The political economy of saving the planet pp. 141-168: Robert Pollin
Assessing the environmental and climate crisis in the Japanese context: Shigeto Tsuru revisited pp. 169-182: Toshikazu Yamakawa
Turkey: Challenges and strategies toward de-carbonization and sustainable development under the age of finance pp. 183-211: Erinc Yeldan
Greenhouse Suppliers 100: A ranking of corporate producers of greenhouse gas precursors in the USA pp. 212-230: Michael Ash, James K. Boyce and Richard Puchalsky
Evaluating the technology path of Japanese steelmakers in green steel competition pp. 231-252: Nozomu Kawabata
Living system as the core of material circulation between nature and humans pp. 253-273: Makoto Maruyama
Z-factor of the climate crisis pp. 274-294: Rohit Azad and Shouvik Chakraborty

Introduction to the special issue on secular stagnation as a new great depression pp. 1-6: Nobuharu Yokokawa
Keynes’ denial of conflict: Why The General Theory is a misleading guide to capitalism and stagnation pp. 7-34: Thomas Palley
Secular stagnation and fiscal crisis in the United States and China pp. 35-63: Minqi Li
Revisiting Baumol’s growth disease in Japan pp. 64-85: Hiroshi Nishi
The 60-year downward trend of economic growth in the industrialized countries of the world pp. 86-108: Alan Freeman
The economic and institutional dynamics of China’s growing financial influence: a “structural power” perspective pp. 109-135: Efe Can Gürcan and Can Donduran