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Japan: The Fragile Superpower

Japan: The Fragile Superpower

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Rating: 5 stars
Summary: Preview of Japan's fall in the 1990s
Review: This book was written in the 1980s*, while Japan was strong and it's future was bright. Most books in the West fell over themselves extolling the virtures of Japanese style capitalism. Anyone who disagreed was called a "revisionist". Frank Gibney was branded such because, while recognizing many of Japan's strong points, he dared point out that all that rigid, central planning might not work forever. Turns out he was right. Some of his references may be dated (unless the reissue has updated them) but the book is an excellent look at the Japan of the 1980s, and correctly predicts the problems to come. Highly recommended to anyone who wants to see how Japan got into the mess it fell into it's recession of the 1990s

*I know it says 1996 as publishing date, but I read it in the mid 1980s; maybe it's a reissue.

Rating: 5 stars
Summary: Preview of Japan's fall in the 1990s
Review: This book was written in the 1980s*, while Japan was strong and it's future was bright. Most books in the West fell over themselves extolling the virtures of Japanese style capitalism. Anyone who disagreed was called a "revisionist". Frank Gibney was branded such because, while recognizing many of Japan's strong points, he dared point out that all that rigid, central planning might not work forever. Turns out he was right. Some of his references may be dated (unless the reissue has updated them) but the book is an excellent look at the Japan of the 1980s, and correctly predicts the problems to come. Highly recommended to anyone who wants to see how Japan got into the mess it fell into it's recession of the 1990s

*I know it says 1996 as publishing date, but I read it in the mid 1980s; maybe it's a reissue.


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