Home > Authors > Sébastien Lechevalier > The Great Transformation of Japanese Capitalism
The Great Transformation of Japanese Capitalism
"In the 1980s the performance of Japan's economy was an international success story, and led many economists suggest that the 1990s would be a Japanese decade. Today however, the dominant view today is that Japan is inescapably on a downward slope. Rather than focusing on the evolution of the performance of Japanese capitalism, this book reflects on the changes that it has experienced over the past 30 years, and presents a comprehensive analysis of the great transformation of Japanese capitalism from the heights of the 1980s, through the lost decades of the 1990s, and well into the 21st century. This book posits an alternative analysis of the Japanese economic trajectory since the early 1980s, and argues that whereas policies inspired by neo-liberalism have been presented as a solution to the Japanese crisis, these policies have in fact been one of the causes of the problems that...
