The Challenge to Japan’s Labour Market in the Post-Bubble Recession

May M.L. WONG

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Abstract

This paper examines the challenges of Japan's labor market since the post-bubble recession in the early 1990s. These challenges appear to be part of the continual employment adjustments in Japan's labor market which have been occurring for the last four decades. The fundamental principle guiding the three pillars and its changes are discussed. Although there are some special features in the post-bubble recession, to a large extent, Japanese business can still follow the re-structuring methods that have been used in the past economic downturns since the observed changes in the labor market are on-going adjustments of the three pillars to the environment.
Original languageEnglish
Title of host publicationRestructuring Japanese Business for Growth : strategy, finance, management and Marketing Perspective
EditorsRaj AGGARWAL
PublisherSpringer US
Chapter11
Pages193-208
ISBN (Electronic)9781461545934
ISBN (Print)9780792385837
DOIs
Publication statusPublished - 1999

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