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

Satoshi Mizobata ()
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Satoshi Mizobata: Institute of Economic Research, Kyoto University

No 680, KIER Working Papers from Kyoto University, Institute of Economic Research

Abstract: The current 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: economic crisis; liberalisation; market; economic system; corporate governance; labour market (search for similar items in EconPapers)
JEL-codes: P16 P52 F02 D21 M10 O53 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2009-09
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