The Growing Service Sector in the Japanese Economy: The Present and the Future

Takamitsu Sawa

The Japanese Political Economy, 1992, vol. 20, issue 3, 37-50

Abstract: It has been some time since the expression "the softization of the economy" came into use. The word softization, created by the mass media, means a drastic structural change in the economic society and is symbolized by six types of change. They are the increased service sector, the growing importance of information, internationalization, the growing importance of the financial sector (economic obesity), increased speculation, and the increased importance of energy saving.

Date: 1992
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DOI: 10.2753/JES1097-203X200337

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