Systemic Changes in the German and Japanese Economies

Download or read book Systemic Changes in the German and Japanese Economies written by Werner Pascha and published by Routledge. This book was released on 2004-08-05 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should Japan and Germany strive to restructure their institutional fabric and arrangements to make them more similar to Anglo-American standards? Where will systemic change lead? This book offers fresh insights by collecting Japanese and German contributions to this scholarly discussion both from theoretical and empirical viewpoints. A major conclusion of several papers is that the forces of differentiation are frequently underestimated. Important thematic issues include: contingency, path dependence and complementarity. Examinations of economic globalisation and rapidity of technological change pose questions about the nature of socio-economic system analysis in the future.