UNSPECIFIED (2000) The Japanese crisis - A case of strategic failure? ECONOMIC JOURNAL, 110 (464). F358-F381. ISSN 0013-0133

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Abstract

This paper provides an alternative insight into Japan's current economic problems. We concentrate upon the role played by the economy's central actors, namely Japan's transnational corporations. Since the early 1980's, Japan's transnationals have become dominant players in the global economy, and now have a higher rate of physic;ll investment in new, overseas greenfield sites than their competitors. This has had detrimental consequences for Japan's domestic economy, particularly for small firms who operate in keiretsu networks. This has led to concerns about the 'hollowing out' of Japan's domestic industry raising the possibility of long-term industrial decline and 'strategic failure'.

Item Type:	Journal Article
Subjects:	H Social Sciences > HC Economic History and Conditions
Journal or Publication Title:	ECONOMIC JOURNAL
Publisher:	BLACKWELL PUBL LTD
ISSN:	0013-0133
Date:	June 2000
Volume:	110
Number:	464
Number of Pages:	24
Page Range:	F358-F381
Publication Status:	Published
URI:	http://wrap.warwick.ac.uk/id/eprint/13267

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