The Enigma of Japanese Power: People and Politics in a Stateless Nation
In this brilliantly authoritative book, Karel van Wolferen unravels the confusions and misperceptions the West has about Japan and can no longer afford to maintain.
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Since the war Japanese corporations have had little choice but to rely for capital
on bank borrowings rather than on equity raised in public markets. The banks
have been practically the only source of finance for industry. They hold large ...
Finance - as well as by friction between the ministry and the CPB and numerous
personal quarrels'* - a monetary control association established in May 1 942
treated the precedent for post-war central-bank control over the commercial ...
24 The commercial banks were Teikoku, Mitsubishi, Yasuda, Sumitomo and
Sanwa; the Industrial Bank of Japan belonged in the same category. They were
backed by fifty-six banks designated as 'banks to absorb funds from private
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LibraryThing ReviewUser Review - antiquary - LibraryThing
While the author seems biased by his own negative experiences as a foreigner trying to work in Japanese media, his severe critique of the weakness of Japanese leadership has been confirmed by events to a considerable degree. Read full review
Review: The Enigma of Japanese Power: People and Politics in a Stateless NationUser Review - Arjen - Goodreads
If you want to understand Japan and the Japanese this book is a must read Read full review