> Seriously, from all the inefficiencies pointed out in this article, how is the economy of Japan not in the verge of collapse?
I dare say that it is. Have you ever seen their debt to GDP ratio?
How Japan manages to compete has been a big question in academic business studies for a very long time. I think Michael Porter did one of the best analysis of why Japan manages to be competitive in some markets, but his work is getting rather old now.
I dare say that it is. Have you ever seen their debt to GDP ratio?
How Japan manages to compete has been a big question in academic business studies for a very long time. I think Michael Porter did one of the best analysis of why Japan manages to be competitive in some markets, but his work is getting rather old now.
http://www.amazon.com/Can-Japan-Compete-Michael-Porter/dp/04...