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Thus begins the first episode of this rollicking yet incisive introduction to the world economy from the Japanese point of view. Other episodes treat the appreciation of the yen, the impact of the 1970s oil shocks, deficit financing, the internationalization of business and banking, and the post-industrial future of Japan and the Pacific Rim.
The book is an English edition of volume 1 of Manga Nihon keizai nyumon, originally published in 1986 by Nihon Keizai Shimbun, the Japanese equivalent of the Wall Street Journal. It is based on a serious introductory text put out by the newspaper and is packed with informative charts and facts. When the comic book was first published in Japan, it was an immediate best-seller, selling over 550,000 copies in less than a year.
The stories in the book reflect Japan's national mood during the "Japanese miracle" and into the 1980s economic bubble: apprehension and optimism jostle one another, and there is a sense of national self-pity. The book also reflects a deep suspicion of politics and bureaucrats. The prime minister appears more worried about his government's popularity than about taking the right economic course. Ultimately, the employees at Toyosan Motors demonstrate that the success of the Japanese economy will not depend on natural resources or politics but on business practices that are ethical, socially responsible, and forward-looking.
Library of Congress subject headings for this publication: Japan Economic conditions 1945-1989 Caricatures and cartoons, Japan Economic policy 1945-1989 Caricatures and cartoons, Japan Foreign economic relations United States Caricatures and cartoons, United States Foreign economic relations Japan Caricatures and cartoons