Chapter

The Cost of Kipling

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/9780226532721.003.0007
The Cost of Kipling

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This chapter sums up the key findings of this study about some of the myths about the Japanese economy. It confirms that the fables about Japanese bureaucrats, keiretsu, main banks, and systematically misgoverned firms are just fables with no factual basis or data to support them. This chapter also provides an analysis of the possible causes of the economic crisis in Japan in the 1990s.

Keywords: Japanese economy; bureaucrats; keiretsu; main banks; misgoverned firms; economic crisis; Japan

Chapter.  5617 words.  Illustrated.

Subjects: International Economics

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