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The Fable of the Keiretsu: Urban Legends of the Japanese Economy [Hardcover] Mi
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Condition:
Good
A book that has been read but is in good condition. Very minimal damage to the cover including scuff marks, but no holes or tears. The dust jacket for hard covers may not be included. Binding has minimal wear. The majority of pages are undamaged with minimal creasing or tearing, minimal pencil underlining of text, no highlighting of text, no writing in margins. No missing pages.
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Located in: Saint Paul, Minnesota, United States
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eBay item number:135120722073
Item specifics
- Condition
- EAN
- 9780226532707
- ISBN
- 9780226532707
About this product
Product Identifiers
Publisher
University of Chicago Press
ISBN-10
0226532704
ISBN-13
9780226532707
eBay Product ID (ePID)
50216610
Product Key Features
Number of Pages
192 Pages
Language
English
Publication Name
Fable of the Keiretsu : Urban Legends of the Japanese Economy
Publication Year
2006
Subject
International / Economics, Asia / Japan, Economic Conditions, Public Policy / Economic Policy, Corporate Finance / General, International
Type
Textbook
Subject Area
Law, Political Science, Business & Economics, History
Format
Hardcover
Dimensions
Item Height
0.1 in
Item Weight
15 Oz
Item Length
0.9 in
Item Width
0.6 in
Additional Product Features
Intended Audience
Scholarly & Professional
LCCN
2005-030814
TitleLeading
The
Reviews
"In this sparkling tour de force, Miwa and Ramseyer drive a final stake through the heart of that venerable vampire, the keiretsu. Fearlessly criticizing almost everyone who has previously written on this subject, they clear away the thicket of nonsense that has for so long obscured for so many the true workings of the Japanese economy."--Gary Saxonhouse, University of Michigan, "Miwa and Ramseyer so systematically dismantle the conventional understanding of Japanese economic institutions that The Fable of the Keiretsu will no doubt be an instant classic. Their no-holds-barred account leaves the prior conception of the Japanese economy as a system of interrelated corporations and banks with little connection to a market economy in a shambles. There will surely be a strong reaction to their thesis that the keiretsu, main banks, and successful central government planning were figments of the imagination of academics on both sides of the Pacific. But Miwa and Ramseyer's data are so compelling that I don't see how the pieces could ever be put back together again."--Roberta Romano, Yale Law School , "The keiretsu is only one of the mythological beasts slain by ridicule and meticulous statistics in this highly readable knockabout polemic."- Ronald P. Dore, Pacific Affairs, "Miwa and Ramseyer so systematically dismantle the conventional understanding of Japanese economic institutions that The Fable of the Keiretsu will no doubt be an instant classic. Their no-holds-barred account leaves the prior conception of the Japanese economy as a system of interrelated corporations and banks with little connection to a market economy in a shambles. There will surely be a strong reaction to their thesis that the keiretsu, main banks, and successful central government planning were figments of the imagination of academics on both sides of the Pacific. But Miwa and Ramseyer's data are so compelling that I don't see how the pieces could ever be put back together again."--Roberta Romano, Yale Law School, "The Fable of the Keiretsuis so important and well written, it should become a classic in both the academic and popular literature on Japan . Urban legends about Japan view the country as following some kind of Confucian collectivism that does not follow behavior that would be consistent with economic rationality. Yoshiro Miwa and Mark Ramseyer instead argue that the facts about Japan conform closely with what would be both observed and expected in a market economy in which firms maximize profits."--Daniel F. Spulber, Kellogg School of Management , Northwestern University , " The Fable of the Keiretsu is so important and well written, it should become a classic in both the academic and popular literature on Japan. Urban legends about Japan view the country as following some kind of Confucian collectivism that does not follow behavior that would be consistent with economic rationality. Yoshiro Miwa and Mark Ramseyer instead argue that the facts about Japan conform closely with what would be both observed and expected in a market economy in which firms maximize profits."--Daniel F. Spulber, Kellogg School of Management, Northwestern University , "Miwa and Ramseyer so systematically dismantle the conventional understanding of Japanese economic institutions that The Fable of the Keiretsu will no doubt be an instant classic. Their no-holds-barred account leaves the prior conception of the Japanese economy as a system of interrelated corporations and banks with little connection to a market economy in a shambles. There will surely be a strong reaction to their thesis that the keiretsu, main banks, and successful central government planning were figments of the imagination of academics on both sides of the Pacific. But Miwa and Ramseyer's data are so compelling that I don't see how the pieces could ever be put back together again."--Roberta Romano, Yale Law School, " The Fable of the Keiretsu is so important and well written, it should become a classic in both the academic and popular literature on Japan. Urban legends about Japan view the country as following some kind of Confucian collectivism that does not follow behavior that would be consistent with economic rationality. Yoshiro Miwa and Mark Ramseyer instead argue that the facts about Japan conform closely with what would be both observed and expected in a market economy in which firms maximize profits."--Daniel F. Spulber, Kellogg School of Management, Northwestern University, "Thekeiretsuis only one of the mythological beasts slain by ridicule and meticulous statistics in this highly readable knockabout polemic." Ronald P. Dore,Pacific Affairs, The keiretsu is only one of the mythological beasts slain by ridicule and meticulous statistics in this highly readable knockabout polemic.
Dewey Edition
22
Illustrated
Yes
Dewey Decimal
338.8/70952
Table Of Content
Preface ix Acknowledgements xi 1. Introduction 1 2. The Fable of Keiretsu 6 3. And of the Zaibatsu 38 4. The Myth of the Main Bank 61 5. And of Outside Directors 89 6. Legends of Government Guidance 115 7. The Cost of Kipling 147 Notes 161 References 165 Index 179
Synopsis
For Western economists and journalists, the most distinctive facet of the post-war Japanese business world has been the keiretsu, or the insular business alliances among powerful corporations. Within keiretsu groups, argue these observers, firms preferentially trade, lend money, take and receive technical and financial assistance, and cement their ties through cross-shareholding agreements. In The Fable of the Keiretsu, Yoshiro Miwa and J. Mark Ramseyer demonstrate that all this talk is really just urban legend. In their insightful analysis, the authors show that the very idea of the keiretsu was created and propagated by Marxist scholars in post-war Japan. Western scholars merely repatriated the legend to show the culturally contingent nature of modern economic analysis. Laying waste to the notion of keiretsu , the authors debunk several related "facts" as well: that Japanese firms maintain special arrangements with a "main bank," that firms are systematically poorly managed, and that the Japanese government guided post-war growth. In demolishing these long-held assumptions, they offer one of the few reliable chronicles of the realities of Japanese business.
LC Classification Number
HD2756.2.J3M588 2006
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Seller feedback (669)
- 3***o (369)- Feedback left by buyer.Past 6 monthsVerified purchasegreat!Oxford KJV Scofield Concordance Reference Edition Bible 1945 Persian Leather (#135741494930)
- m***m (2111)- Feedback left by buyer.Past 6 monthsVerified purchaseThank you for a smooth transaction.David Jeremiah Audio CD DVD Lot Silver Collection Slaying Giants What To Do (#135719666152)
- k***3 (66)- Feedback left by buyer.Past 6 monthsVerified purchaseShipping was fast Packaging was safe Product was as described Great valueGrateful Dead May 1977 Spring Box Set, 14 CDs - Very Good Condition (#135526367493)