Forget the Third Arrow and Behold the Old World Order

a journey into the depths of Japan Inc.

Business & Finance
Cover of the book Forget the Third Arrow and Behold the Old World Order by Susan Carpenter, Susan Carpenter
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Author: Susan Carpenter ISBN: 9781527206731
Publisher: Susan Carpenter Publication: May 5, 2017
Imprint: Kaikaku Language: English
Author: Susan Carpenter
ISBN: 9781527206731
Publisher: Susan Carpenter
Publication: May 5, 2017
Imprint: Kaikaku
Language: English

This book’s commentary demonstrates: i) the consequences of historic protectionist trade policies and isolationism for Japan’s current economy; ii) the factors which contribute to the self-perpetuating nature of a system which frustrates reform; iii) the resurgence of a strong nationalism; iv) the enduring relationship between government and business; v) an understanding of the similarities with other non-market driven economies where government and business are intertwined; vi) the parallels between the experience of Japan following the 1990 Financial Crisis and events in the West since 2008.The book explains how the author's experiences in Japan Inc. allowed her to predict what is happening currently regarding US-Japan trade relations, to predict the expansion of Japan’s military and to predict that nothing fundamental would change in Japan's political economic system. 

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This book’s commentary demonstrates: i) the consequences of historic protectionist trade policies and isolationism for Japan’s current economy; ii) the factors which contribute to the self-perpetuating nature of a system which frustrates reform; iii) the resurgence of a strong nationalism; iv) the enduring relationship between government and business; v) an understanding of the similarities with other non-market driven economies where government and business are intertwined; vi) the parallels between the experience of Japan following the 1990 Financial Crisis and events in the West since 2008.The book explains how the author's experiences in Japan Inc. allowed her to predict what is happening currently regarding US-Japan trade relations, to predict the expansion of Japan’s military and to predict that nothing fundamental would change in Japan's political economic system. 

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