The Japanese Crisis - A Case of Strategic Failure ?  

Oleh:

Cowling, Keith ; Tomlinson, Philip R.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 110 no. 464 (2000), page F358-F381.
Topik: CRISIS; crisis; strategic failure
Fulltext: 358.pdf (269.34KB)

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE28.2 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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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 physical 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'.

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