Chapter

The Fable of the Keiretsu

J. Mark Ramseyer

in The Fable of the Keiretsu

Published by University of Chicago Press

Published in print July 2006 | ISBN: 9780226532707
Published online February 2013 | e-ISBN: 9780226532721 | DOI: http://dx.doi.org/10.7208/chicago/9780226532721.003.0002
The Fable of the Keiretsu

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This chapter evaluates the concept of Japanese insular business alliances called keiretsu. It analyzes whether information about keiretsu matches business data from Japan and examines the so-called vertical keiretsu. The analysis reveals that there are no keiretsu and never have been any. At root, the keiretsu instead represent a fable about the mythical vision of the Japanese economy.

Keywords: keiretsu; insular business alliances; Japan; business data; fable; Japanese economy

Chapter.  13457 words. 

Subjects: International Economics

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