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Why Did Japanese Industry Lose Out in the Global Competition During the 1990s? : Current Problems and Prospect for Recovery

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  • RISABURO NEZU

Abstract

Over the last ten years, Japan and Germany--two post-war industrial superpowers--have fallen substantially behind their common rival, the United States. These two economies are now seen as major contributors to slowing down the global economy. This paper aims to examine the causes of the abrupt weakening of the manufacturing sector of Japan, particularly in the information and communication technology (ICT) industry, while comparing their performances with those of the United States and Germany.

Suggested Citation

  • Risaburo Nezu, 2004. "Why Did Japanese Industry Lose Out in the Global Competition During the 1990s? : Current Problems and Prospect for Recovery," Japanese Economy, Taylor & Francis Journals, vol. 32(1), pages 45-75.
  • Handle: RePEc:mes:jpneco:v:32:y:2004:i:1:p:45-75
    DOI: 10.1080/2329194X.2004.11045181
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