Chapter

Alliance Capitalism and the Japanese Economy

Michael L. Gerlach

in Alliance Capitalism

Published by University of California Press

Published in print August 1997 | ISBN: 9780520208896
Published online May 2012 | e-ISBN: 9780520919105 | DOI: http://dx.doi.org/10.1525/california/9780520208896.003.0008
Alliance Capitalism and the Japanese Economy

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This concluding chapter summarizes the arguments developed in this book concerning alliance capitalism and the Japanese economy. It discusses the belief that intercorporate alliances have set the framework within which other institutional characteristics of Japanese market capitalism operate and describes the three broad characteristics of the Japanese economy. These include a high-degree of resilience, impressive rates of long-term corporate investment, and a market structure with substantial barriers to entry to newcomers. The chapter also considers the implications of Japan's economic system for its relationships with its major trading partners.

Keywords: alliance capitalism; Japanese economy; intercorporate alliances; market capitalism; market structure; economic system; trading partners

Chapter.  9463 words.  Illustrated.

Subjects: Anthropology

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