Concluding Remarks

The Editors

Japanese Economy, 1996, vol. 24, issue 4, 95-96

Abstract: The postwar reform was intended to democratize Japan, but it failed to change Japan's top-down system. The triad of national politics, elite bureaucracy, and big business has become too well entrenched. However, many circumstances are changing and will continue to change, including population aging, growth slowdown, deindustrialization, the breakup of the three-generation family, the demise of the lifetime employment system, and so on.

Date: 1996
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DOI: 10.2753/JES1097-203X240495

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