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." These cooperative g.
Since then, it has been unable to restart its Economic engine and respond to globalization.
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