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Vol 23 No 4 April/May 2018

Book of the Month

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Williams, Mortimer and Sunnucks: Executors, Administrators and Probate

Edited by: Alexander Learmonth, Charlotte Ford, Julia Clark, John Ross Martyn
Price: £295.00

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Finance, Governance and Competitiveness in Japan

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ISBN13: 9780198297215
ISBN: 0198297211
Published: November 2001
Publisher: Oxford University Press
Format: Hardback
Price: £152.50

Despatched in 5 to 7 days.

Since the 1950's, Japan's economic success has stimulated the interest of scholars from around the world. In the 1990s and particularly since 1997, however, it is Japan's economic difficulties which have attracted the most attention. The very institutions whose efficacy was earlier praised are now often criticised as being the core of Japan's economic problems.;This volume brings together the research of many specialists on the Japanese economy to assess how Japan's distinctive economic institutions have operated in the past and how their evolution in the face of changing domestic and international circumstances will shape the prospects for the Japanese economy in the 21st century. Particular attention is paid to the evolution of Japan's financial system and the changing character of Japanese firm governance, and to the changing role that government and the legal system play in Japan's economy.

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Masahiko Aoki and Gary R. Saxonhouse: Introduction. Yoshio Suzuki: Chapter 1: Strategies for Overcoming Japan's Financial Crisis. Part I: Corporate Governance and the Evolution of Japan's Financial System. Masahiko Aoki and Serdar Dinc: Chapter 2: Relational Financing as an Institution and its Viability under Competition. Juro Teranishi: Chapter 3: The Fall of the Taisho Economic System. Brian Hall and David Weinstein: Chapter 4: Main Banks, Creditor Concentration, and the Resolution of Financial Distress in Japan. Fumio Hayashi: Chapter 5: The Main Bank System and Corporate Investment: an Empirical Assessment. Takeo Hoshi: Comment on Hayashi. Yusushi Hamao and Takeo Hoshi: Chapter 6: Bank-owned Security Subsidies in Japan: Evidence after the 1992 Financial System Reform. Franklin Packer: Chapter 7: Credit Ratings and Spreads in the Samurai Bond Market. Jennifer Corbett: Chapter 8: Japan's Banking Crisis in International Perspective. Part II: Government, the Legal System, and the Structure and Operation of Japanese Economy. Koichi Hamada: Chapter 9: Explaining the Low Litigation Rate in Japan. J. Mark Ramseyer: Comment on Hamada. J. Mark Ramseyer: Chapter 10: Rethinking Administrative Guidance. Gary R. Saxonhouse: Chapter 11: R & D Consortia, News, and Japanese High Technology Policy - Optoelectronics in Japan. Richard Nelson: Chapter 12: The Sources of Industrial Leadership. Part III: Finale. Hugh Patrick: Chapter 13: The Development of Studies of the Japanese Economy in the United States

Series: Japan Business and Economics Series

Cooperative Capitalism ISBN 9780198297185
Published June 2000
Oxford University Press