325-310 Japanese Business and Institutions

The completion of at least 125 points of commerce subjects or any of the optional level-2 or level-3 subjects listed in the Asian studies program in the Faculty of Arts.

The Japanese economy is still massive despite prolonged economic stagnation. This subject explores why the post-WW2 'miracle' and late-1980s 'bubble' were followed by such stagnation and identifies the profound changes that have been occurring beneath the surface in the economy, business, political institutions and society. Topics include globalisational structural change, the organisation of big business, including keiretsu relationships and the role of the trading houses, and of small business, including subcontracting ties; financial markets and labour markets for both large and small firms; industrial policy and the role of technology; consumer markets; and government-business relationships and cultural aspects of the business environment.

A 2-hour examination (50%), written assignment(s) totalling not more than 3500 words (35%) and tutorial participation (15%).

• The Japanese Business System, Tutorial Readings. (details from the department).