Japanese Economic Policies and Growth: Implications for Businesses in Canada and North America

By Masao Nakamura; Iian Vertinsky | Go to book overview

Preface

Focusing on the economic policies and growth of Japan since World War II, Japanese Economic Policies and Growth: Implications for Businesses in Canada and North America describes and analyzes the policies and practices that moulded the Japanese economy and its linkages with other economies. While several books describe and attempt to explain the phenomenal economic growth of Japan between 1960 and 1990, there are few that have chosen a Canadian perspective for their investigation. This Canadian perspective allowed us to focus on the Japanese economic system and the dynamics that are either important to the understanding of the bilateral relationships of Japan and Canada or provide a basis of comparison from which Canadian policies and practices can be reassessed in view of the Japanese experience.

Understanding Japan is critical for Canadian governments and business. The fate of Japan has a great impact on the opportunities and threats facing Canada in this decade. Japan is the second largest economy in the world. Its relationship with the U.S. may affect Canada's prospects in its two most important markets. Japan is also the dominant player in the Asia-Pacific, with a great influence on the other economies of the region. The Asia- Pacific, with its expected unprecedented economic growth, provides Canada with its most significant opportunity in this decade to diversify its exports and reduce its dependence on the U.S. Thus the significant structural

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