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Institutions, Industrial Upgrading, and Economic - The 'Flying Geese' Paradigm of Catch-up Growth


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Contents: Foreword by Kiyoshi Kojima Preface Part I: Post-WWII Growth Clustering and Japan as a Second Goose 1. Hegemon-Led Growth Clustering and the Flying-Geese Paradigm of Catch-up Growth Part II: Out of, and Beyond, the Limit of Borrowed Knowledge and Home-Spun Goods 2. Labor-Driven Stage - and Logic - of Reconstruction 3. Scale-Driven Stage - and Logic - of Modernizing Heavy and Chemical Industries: A High Growth Period 4. Assembly-Driven Stage - and Logic - of Industrial Upgrading 5. Knowledge-Driven Stage - and Logic - of Catch-up Growth 6. IT-Driven Stage - and Logic - of New Growth 7. Analytics and Stylized Features of Structural Transformation: Additional Theoretical Expositions Part III: Changes in Institutions and Industrial Organization: Toward the Reform-Driven, M&A-Active Period of Growth 8. Network Capitalism: Industrial Organization in Evolution 9. Out of an Institutional Quagmire? International Business to the Rescue Bibliography Index

About the Author

Terutomo Ozawa, Emeritus Professor of Economics, Colorado State University and Research Associate, Center on Japanese Economy and Business, Columbia Business School, US


'. . . the book reviewed here will trigger a further interest in this area of research, and will invite more researchers to seek empirical evidence in the study of post-war industrial growth in Japan.'

-- Hiroshi Ohashi, Journal of the Japanese and International Economies
'This book provides a theoretically informed and empirically illustrative account of modern Japanese industrialization. Ozawa's translation of classical political economy to the Japanese context is both original and accessible and is a welcome addition to the literature on the Japanese variety of capitalism.' -- Tim Reiffenstein, Pacific Affairs
'Ozawa succeeds in extending, building up, and joining the Akamatsu-Kojima lineage of this unique Japan-born theory of economic development from a fresh, unconventional, and discerning perspective.' -- From the foreword by Kiyoshi Kojima

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