Pesek Japanization

What the World Can Learn from Japan's Lost Decades
1. Auflage 2014
ISBN: 978-1-118-78072-5
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 240 Seiten, E-Book

Reihe: Bloomberg

An in-depth look at Japan's economic malaise and the steps itmust take to compete globally
In Japanization, Bloomberg columnist WilliamPesek--based in Tokyo--presents a detailed look atJapan's continuing twenty-year economic slow-down, the politicaland economic reasons behind it, and the policies it could andshould undertake to return to growth and influence. Despite newPrime Minister Shinzo Abe's promise of economic revitalization,investor optimism about the future, and plenty of potential,Japanization reveals why things are unlikely to change anytime soon.
Pesek argues that "Abenomics," as the new policies are popularlyreferred to, is nothing more than a dressed-up version of the sameold fiscal and monetary policies that have left Japan withcrippling debt, interest rates at zero, and constant deflation. Heexplores the ten forces that are stunting Japan's growth and offersprescriptions for fixing each one.
* Offers a skeptical counterpoint to the popular rosy narrativeon the economic outlook for Japan
* Gives investors practical and detailed insight on the realcondition of Japan's economy
* Reveals ten factors stunting Japan's growth and why they areunlikely to be solved any time soon
* Explains why most of what readers believe they know aboutJapan's economy is wrong
* Includes case studies of some of the biggest Japanesecompanies, including Olympus, Japan Airlines, Sony, and Toyota,among others
For many investors, businesspeople, and economists, Japan's longeconomic struggle is difficult to comprehend, particularly giventhe economic advantages it appears to have over its neighbors.Japanization offers a ground-level look at why its problemscontinue and what it can do to change course.

Autoren/Hrsg.

Pesek, William

Inhaltsverzeichnis

Preface ix
Acknowledgments xiii
Chapter 1: How Japan Papers Over Economic Cracks with Monetaryand Fiscal Policy 1
Chapter 2: The Female Problem: How Institutionalized SexismKills Growth 39
Chapter 3: The 1,000,000,000,000,000 Yen Monster: When a DebtMarket Becomes So Big It Dominates Everything 67
Chapter 4: The Fukushima Effect: How Rampant Cronyism HoldsJapan Back 95
Chapter 5: Galapagos Nation: How Isolation Stunts Japan'sEvolution 125
Chapter 6: Hello Kitty Isn't a Foreign Policy: HowAmateurish Diplomacy Undermines Japan 155
Chapter 7: Will Abenomics Save the World? 185
Bibliography 213
About the Author 219
Index 221

Über Autor(innen)

WILLIAM PESEK is a Bloomberg columnist in Tokyo. Heprovides opinions and commentary on economics, business, markets,and politics throughout Asia. His columns routinely appear inpublications around the globe. Previously, he was a columnist forBarron's, writing about global economics, politics, andfinancial markets. William was the winner of the Society ofAmerican Business Editors and Writers (SABEW)'s 2010 awardfor commentary.