Systemic Change in the Japanese and German Economies: by Werner Pascha

By Werner Pascha

Should still Japan and Germany attempt to restructure their institutional cloth and preparations to cause them to extra just like Anglo-American criteria? the place will systemic swap lead? This ebook bargains clean insights via gathering eastern and German contributions to this scholarly dialogue either from theoretical and empirical viewpoints. a huge end of numerous papers is that the forces of differentiation are often underestimated. vital thematic concerns contain: contingency, course dependence and complementarity. Examinations of monetary globalisation and rapidity of technological switch pose questions on the character of socio-economic process research sooner or later.

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For the national level, Melo/Gelb (1997) or Melo/Ofer (1999), for the subnational. In the mid-nineties, the famous Krugman debate over the alleged institutional deficiency of the “Asian model” directly referred to the concept of productivity frontier because data on growth accounting were interpreted as reflections of institutional regimes (for a survey of the problems involved, see Rodrik 1998). The evolutionary perspective on institutional divergence 35 for institutional divergence, even if we were to believe that in the market sector there would be strong forces of convergence toward the competitive ideal type.

Nishizawa, Tamotsu, ‘Nakayama Ichiro and the Stabilization in Industrial Relations’ [Nakayama Ichiro to roshi-kankei no anteika], in: Ikeo 1999, pp. 276–290. Noguchi, Asahi, ‘Trade Liberalization and the “Structural Industrial Policy’” [Taigai jiyuuka to ‘sangyo kozo seisaku’], in: Ikeo 1999, pp. 305–335. Noguchi, Yukio, The 1940 Regime [1940 nen taisei]. Tokyo 1995. Ohyama, Kosuke, Political Economy of the Administrative Guidance [Gyo sei shido no seijikeizaigaku]. Tokyo 1996. Japanese theory of industrialization/modernization 29 Okazaki, Tetsuji, Masahiro Okuno, Origins of Modern Japanese Economic Systems.

The editor is confident, though, that this should not keep any interested reader from diving further into the following pages. Why? As happens so often, posing topical questions like the one concerning convergence will not lead to “plain vanilla” answers, but rather to more advanced and adequate ways of looking at real-world issues. With these considerations in mind, we can try to pull some of the strings together, making use of the concepts introduced above and hopefully not doing injustice to the authors by oversimplying their arguments.

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