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  3. Asia in Japan's Embrace
  • Cited by 196
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    • Publisher:
      Cambridge University Press
      Publication date:
      05 February 2012
      28 June 1996
      ISBN:
      9781139106771
      9780521565158
      DOI:
      https://doi.org/10.1017/CBO9781139106771
      Dimensions:
      Weight & Pages:
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.54kg, 298 Pages
      • Subjects:
      Economics, Economics: General Interest, Area Studies, Politics: General Interest, Asian Studies
      Series:
      Cambridge Asia-Pacific Studies
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    Subjects:
    Economics, Economics: General Interest, Area Studies, Politics: General Interest, Asian Studies
    Series:
    Cambridge Asia-Pacific Studies
    Information

    Book description

    This book is an incisive analysis of Japan's deepening economic presence in Asia. It challenges neoclassical economists, arguing that instead of simply building a 'yen bloc' or responding to market forces, Japanese business and government elites are working together to build an expanded - and potentially exclusive - production zone. The authors suggest that the transplantation of many standard Japanese business practices in Asia is based on the concept of keiretsu (enterprise group) which allows a complex web of production networks to develop. The book shows that such strategic control of technology is a unique model of globalisation. While informed by economic theory, Asia in Japan's Embrace is highly accessible, containing interviews and anecdotal evidence from factory floors and board rooms. It is comprehensive and controversial, outlining policy implications and the impact on global trade.

    Reviews

    ‘Readers familiar with recent writings on Japan will find this book steers a middle course between the neoclassical view, which denies Japan’s uniqueness, and the revisionist arguments pioneered by Chalmers Johnson and emphasised by James Fallows. The book is easy to read, well-written, and carefully explained. When it uses concepts or terms such as keiretsu it is careful to explain them. The first four chapters, in particular, are to be recommended to all readers.’

    Salim Rashid Source: The Economic Journal

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