Japan's Growing Power over East Asia and the World Economy

In 40 years Japan has developed from a war-devastated, poverty-stricken country into the second largest and most prosperous economy in the world, holding seven of the world's ten largest banks, huge surpluses with almost all of its trading partners, and scientific technology that is largely supplanting America's role as the dynamic technological and financial core of East Asia and the world economy. It has become the dynamic technological and economic core of East Asia and indeed the world. This book analyzes how Japan attained its current status and argues that Japan's supremacy over world economies seems poised to deepen and expand well into the 21st century.