Arthritic Japan: The Slow Pace of Economic Reform

(Paperback)

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Analyzes why deregulation and other aspects of systemic economic restructuring have proceeded so sluggishly. If Japan continues to underperform economically, it threatens to distance itself from trade liberalization, and will likely react to regional and global issues in a more nationalistic manner. Lincoln argues that reform is likely to remain less forceful than necessary for a restoration of economic growth.

Reviews

One of the few American scholars who understands Japan well. . . . [He] has done a good job in explaining what ails Japan's economy and what the implications are for the world."- Asian Affairs;

"Offers very clear and convincing explanations for the slow pace of Japanese economic reform, explanations that in turn yield sound predictions."- Journal of the Asia Pacific Economy

Author Bio

Edward J. Lincoln is a senior fellow in Asia and Economic Studies at the Council on Foreign Relations. His previous Brookings books include Arthritic Japan (2001), Troubled Times: U.S.-Japan Trade Relations in the 1990s (1999), Japan's New Global Role (1995), and Japan's Unequal Trade (1990). In the mid-1990s, Lincoln served as special economic advisor to Walter Mondale, former U.S. ambassador to Japan.