Edited by Craig Freedman, Director, Centre for Japanese Economic Studies, Macquarie University, Australia

'This attractively titled volume, Japanese Economic Policy Reconsidered, analyses the Japanese economy and associated economic policy issues not by responding to old arguments dealing with Japan's 'Economic Miracle', but by taking a pragmatic view of the current complexities that define the industrial and financial organization of Japan. The internationally known scholars tackle the problems associated with the need for reform in a mature economy. They conclude that Japan requires significant reforms in monetary, regulatory and even foreign policy. The striking insights are made easily accessible thanks to the editor's insightful introduction. Anyone interested in the economic problems currently facing Japan will find much in this volume to be of lasting interest.'

• Contents: 1. The End of Economic Miracles (C. Freedman) Part I: Main Issues facing Japan’s Economy 2. The Japanese Economy at Historical Crossroads 3. Structural Reforms Proposed in the Japanese Government’s Mid-term Economic Plan 4. Theoretical Approaches to the Japan–American Security Alliance Part II: Foreign Trade and Investment 5. Japan and the 1994 Economic Report of the President 6. Foreign Direct Investment in Japan 7. Japanese Foreign Direct Investment Part III: The Financial Sector 8. Monetary Policy in Japan, Germany and the United States 9. Prudential Policy in Japan 10. Asset Prices and Consumption Index

Edited by Craig Freedman, Director, Centre for Japanese Economic Studies, Macquarie University, Australia

'This attractively titled volume, Japanese Economic Policy Reconsidered, analyses the Japanese economy and associated economic policy issues not by responding to old arguments dealing with Japan's 'Economic Miracle', but by taking a pragmatic view of the current complexities that define the industrial and financial organization of Japan. The internationally known scholars tackle the problems associated with the need for reform in a mature economy. They conclude that Japan requires significant reforms in monetary, regulatory and even foreign policy. The striking insights are made easily accessible thanks to the editor's insightful introduction. Anyone interested in the economic problems currently facing Japan will find much in this volume to be of lasting interest.'

• Contents: 1. The End of Economic Miracles (C. Freedman) Part I: Main Issues facing Japan’s Economy 2. The Japanese Economy at Historical Crossroads 3. Structural Reforms Proposed in the Japanese Government’s Mid-term Economic Plan 4. Theoretical Approaches to the Japan–American Security Alliance Part II: Foreign Trade and Investment 5. Japan and the 1994 Economic Report of the President 6. Foreign Direct Investment in Japan 7. Japanese Foreign Direct Investment Part III: The Financial Sector 8. Monetary Policy in Japan, Germany and the United States 9. Prudential Policy in Japan 10. Asset Prices and Consumption Index