| ID | 074812 |
| Title Proper | Japanese economic model revisited |
| Language | ENG |
| Author | Vogel, Steven |
| Publication | 2006. |
| Summary / Abstract (Note) | Japan's "lost decade" was actually not lost, because the country's government and industry were quite busy changing, though in distinctively Japanese ways. Japanese firms have tried to enhance flexibility without undermining their existing strengths. Instead of abandoning their stable partnerships with their workers, banks, and suppliers when times were rough, they renegotiated terms with them. This contrasts with American companies, which have been quicker to lay off workers, seek new funding sources, and switch suppliers. |
| `In' analytical Note | Japan Echo Vol. 33, No. 4; Aug 2006: p42-44 |
| Journal Source | Japan Echo Vol: 33 No 4 |
| Key Words | Japan ; Economic Development |