ensued. This comparative study of Japan and Italy shows that economic stagnation and the globalisation of finance and … mixed market economies (MMEs). Yet, Japan, a typical CME in the VoC literature, introduced greater labour market flexibility … than Italy, an MME. This article analyses why this is the case and claims that the institutional complementarities that had …

"Japan and Italy encountered severe economic problems in the early 1990s, and the governments had to deal with those … policies between Japan and Italy, despite the fact that the two countries shared a number of similar political, social and … many industrialised countries including Japan and Italy, but the level of the protection for these workers depends on a …