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About this product
- DescriptionDespite recent upheavals, Japan remains one of the dominant ecomic powers. Yet the Japanese ecomy is one of the most misunderstood phemena in the modern world. Conventionally, Japan is presented as the exception to mainstream ecomic theory: an exception to the standard models of modern ecomics. This book demolishes that tion, bringing the full analytical power of ecomic thought to all aspects of the most dramatic ecomic success story in recent times. David Flath concentrates on four main themes: Japan's ecomic growth and development; Japan's integration with the world ecomy; Government policies and their effects; Ecomic institutions and practices. By applying common ecomic tools such as the Solow growth model, Modigliani's life-cycle model of saving, Becker's theory of investment, Samuelson's theory of revealed preference, Coase's exposition of the problem of social cost, and the modern theory of industrial organization, this book shows that the mainstream principles of ecomics apply in Japan as successfully as they do elsewhere. Revised and updated to take account of recent developments in Japanese banking and macroecomics, this book is an indispensable resource for students and instructors alike. Lucid explanations and comprehensive and rigorous analysis make it natural choice for anyone interested in comprehending the rise of the Japanese ecomy.
- Author BiographyDavid Flath is Professor of Economics at North Carolina State University, where he has been employed since 1976. He has previously been Visiting Professor of Economics at Kyoto University (2001-2) and at Osaka University (1995-6), and is the author of numerous academic articles on the Japanese economy.
- Author(s)David Flath
- PublisherOxford University Press
- Date of Publication16/06/2005
- SubjectEconomics: Professional & General
- Place of PublicationOxford
- Country of PublicationUnited Kingdom
- ImprintOxford University Press
- Out-of-print date20/03/2015
- Content Notenumerous tables and line drawings
- Weight901 g
- Width195 mm
- Height254 mm
- Spine26 mm
- Edition Statement2nd Revised edition
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