Reforming Capitalism, Going Digital and Green

Japan’s Approach

D. Hugh Whittaker, Yoshifumi Nakata

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Hardback

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English

Routledge
27 March 2025

Regional studies; Development studies; Political ideologies; International business; Research & development management

The book describes Japan’s efforts since 2015 to exit the deflationary ‘lost decades’ and chart a new economic course through digital and green transformation, as well as ‘new/ sustainable capitalism.’ Japan is attempting to revitalize and reorient its economy through digital and green transformation. At the same time it is seeking to make a more equitable and sustainable transition through ‘new/ sustainable capitalism.’ These twin efforts face strong headwinds, not least from a declining and ageing population, and social divisions from earlier neoliberal policies. There are also contradictions, which are highlighted by corporate governance and labour market reforms, as well as technology push and competitiveness versus social needs- oriented innovation. The chapters in this volume, by Japanese and non- Japanese experts, highlight the emerging path of change towards Society 5.0, the quest to combine green and growth, and continued obstacles for full participation of women. They especially highlight the need for Japan to invest in people again, matching ‘human- centred’ rhetoric with concrete policy commitments and implementation. Only then will Japan truly emerge from its ‘lost decades.’ This book is relevant for students, researchers, and policymakers in the fields of economics, sustainable development, environmental studies, public policy, and social sciences. The chapters in this book were originally published as a special issue of Asia Pacific Business Review.

Edited by: D. Hugh Whittaker, Yoshifumi Nakata
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 246mm, Width: 174mm,
ISBN: 9781032986159
ISBN 10: 1032986158
Pages: 194
Publication Date: 27 March 2025
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Hardback
Publisher's Status: Forthcoming

D. Hugh Whittaker is Professor in the Economy and Business of Japan at the Nissan Institute of Japanese Studies, University of Oxford, and author of the recent book Building a New Economy: Japan’s Digital and Green Transformation. Yoshifumi Nakata is Professor of Strategic Human Resource Management and Director of the Research Institute of STEM at Doshisha University. His research focuses on the relation between work environment and engineers’ performance.