How Fragile a Super State?

Ronald Dore

Chapter 7 in Japan and World Depression, 1987, pp 83-110 from Palgrave Macmillan

Abstract: Abstract What difference does half a century make? The men whom Ernest Penrose taught in Nagoya are now either retired or occupying those honorific top posts which give the Japanese business world the appearance of a gerontocracy. The pace of change in their lifetime has been hectic, the secular trends — of output growth, increasing technical and intellectual sophistication, rising welfare levels, etc. — being overlaid by shorter-term swings of war and political upheaval of a violent kind. But what are the relations among those secular trends, institutional changes and cyclical upheavals? Is the Japan of the 1980s a less fragile society, with better adapted and more firmly established institutions, less liable to produce civil disorder or external military adventure, than the Japan of the 1920s and 1930s?

Keywords: Liberal Democratic Party; Japanese Economy; Taboo Word; Economic Adversity; Private Sector Bank (search for similar items in EconPapers)
Date: 1987
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DOI: 10.1007/978-1-349-07520-1_7

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