A Comparative Analysis of Japanese and German Economic Success
Ifo Institute for Economic Research, IFO Institute for Economic Research, Sakura Institute ofResearch, Japan, Ifo-Institut für Wirtschaftsforschung, Sakura Institute of Research
Springer Japan, Apr 21, 1997 - Business & Economics - 539 pages
The aim of this book is to evaluate accurately economic development mechanism and to extract valuable lessons from a comparison of the economic development of Japan and that of Germany. The book covers an extensive range of economic issues: (1) macro-economic factors: capital, labor, technology; (2) macro-economic policies: financial, monetary, industrial; (3) external shocks to both economies: oil crises, exchange rate fluctuations, environmental problems; (4) development processes of major industries: steel, chemicals, and automobiles. The analyses with this systematic and comprehensive approach provide useful insights for the general reader as well as guidelines for developing countries and for Eastern European countries in transition.
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Immediate Postwar Situation
Phases of Economic Development
Political and Social Systems
18 other sections not shown
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achieved banks Bretton Woods system bubble economy Bundesbank capital investment cartels characterised chemical industry companies consumer electronics consumption corporate costs countries currency D-Mark decline Deutsche Bundesbank economic development economic growth employment energy enterprises environment European exchange rate expansion exports factors Federal firms fiscal foreign funds German economy Germany’s high-growth period important improvement increase industrial policy industrial structure industrialised industry’s innovation institutions international competitiveness Japan and Germany Japanese automobile industry Japanese economy keiretsu labour force labour market liberalisation long-term machine tool machinery major manufacturers measures million monetary policy oil crisis oil shock organisations overseas phase pollution post-war period post-war reconstruction production ratio rationalisation reduce regulations result role sector share shift social social market economy Source strategy subsidies supply tariff trade trend United wage West Germany whilst workers World War II