Capital and Labour in Japan: The Functions of Two Factor by Toshiaki Tachibanaki,Atsuhiro Taki

By Toshiaki Tachibanaki,Atsuhiro Taki

Toshiaki Tachibanaki and Atsuhiro Taki emphasise a number of institutional good points in Japan which vary from these in Euro-American international locations: for instance, the everlasting employment and seniority method in wages and promoting, the twin constitution, Keiretsu transactions, the most financial institution method, and intercorporate shareholding. This booklet examines specifically the excellence among long-run and short-run contractual relationships which produced such positive aspects. It provides either the optimistic and the adverse reviews of the issue marketplace. Exploring the similarities and interdependencies among very important and idiosyncratic issue markets in Japan, this e-book brings facts handy which in the past has in simple terms been to be had in expert journals.

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