Kód: 05101243
Terutomo Ozawa examines Japan's once celebrated post-war economic success from a new perspective. He applies a 'flying geese' model of industrial upgrading in a country that is still catching-up, to explore the rise, fall and rebo ... celý popis
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Terutomo Ozawa examines Japan's once celebrated post-war economic success from a new perspective. He applies a 'flying geese' model of industrial upgrading in a country that is still catching-up, to explore the rise, fall and rebound of Japanese industry with its evolving institutions and policies. The book brings together and expands upon theories developed in the author's work over many years, using them as building blocks for his flying geese model. Concepts explored include: economics of hierarchical concatenation, increasing factor incongruity, comparative advantage (or market) recycling; the Ricardo - Hicksian trap of industrial production, Smithian growth elan, triumvirate pro-trade structural transformation; knowledge creation versus knowledge diversion, the price-knowledge/industry-flow mechanism 'a la David Hume'; and the syndrome of institutional incongruity, and socially justifiable moral hazard versus degenerative moral hazard. The dynamic process of industrial upgrading is analysed in detail, and important lessons for both developing and transition economies are highlighted.
Zařazení knihy Knihy v angličtině Economics, finance, business & management Economics Development economics & emerging economies
1462 Kč
Osobní odběr Praha, Brno a 12903 dalších
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