CIRCLES OF COMPENSATION
CIRCLES OF COMPENSATION Japan grew explosively and consistently for more than a century, from the Meiji Restoration until the collapse of the economic bubble in the early 1990s. How could the same…
Specifikacia CIRCLES OF COMPENSATION
CIRCLES OF COMPENSATION
Japan grew explosively and consistently for more than a century, from the Meiji Restoration until the collapse of the economic bubble in the early 1990s. How could the same political-economic system produce such strongly contrasting outcomes?This book identifies the crucial variables as classic Japanese forms of socio-political organization: the circles of compensation. Since then, it has been unable to restart its economic engine and respond to globalization.
Calder examines how these circles operate in seven concrete areas, from food supply to consumer electronics, These cooperative groupings of economic, political, and bureaucratic interests dictate corporate and individual responses to such critical issues as investment and innovation; at the micro level, they explain why individuals can be decidedly cautious on their own, yet prone to risk-taking as a collective. Kent E.
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