Susan Carpenter

Forget the Third Arrow and Behold the Old World Order

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This book’s commentary demonstrates: i) the consequences of historic protectionist trade policies and isolationism for Japan’s current economy; ii) the factors which contribute to the self-perpetuating nature of a system which frustrates reform; iii) the resurgence of a strong nationalism; iv) the enduring relationship between government and business; v) an understanding of the similarities with other non-market driven economies where government and business are intertwined; vi) the parallels between the experience of Japan following the 1990 Financial Crisis and events in the West since 2008.The book explains how the author's experiences in Japan Inc. allowed her to predict what is happening currently regarding US-Japan trade relations, to predict the expansion of Japan’s military and to predict that nothing fundamental would change in Japan's political economic system.
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545 printed pages
Original publication
2017

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