Japan is the richest economy in terms of per capita income, and its unemployment rate is a fraction of that in Europe. This study examines the reasons for this success, explaining that they lie, according to the author, in Japan's remarkable "capitalist development state".
The godfather of Japanese revisionism, author of MITI and the Japanese Miracle and president of the Japan Policy Research Institute explains how-and why-Japan has become a world power in the past 25 years. Johnson lucidly explains here how the Japanese economy will thrive as it moves from a producer-dominated economy to a consumer-oriented headquarters for all of East Asia.
