This is a new analysis of recent changes in important Japanese institutions. It addresses the origin, development, and recent adaptation of core institutions, including financial institutions, corporate governance, lifetime employment, and the amakudari system. After four decades of rapid...

Intro -- Contents -- Preface -- Chapter 1 Introduction and Overview -- Chapter 2 The Impact of Inward FDI on Host Countries: Why Such Different Answers? -- Chapter 3 Disentangling FDI Spillover Effects: What Do Firm Perceptions Tell Us? -- Chapter 4 Foreign Direct Investment and Externalities:...