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By Andrew Zimbalist, Howard J. Sherman

ISBN-10: 0127810501

ISBN-13: 9780127810508

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121 (July 1983), published by Japan's Ministry of Finance. 10. S. S. G o v e r n m e n t Printing Office, Aug. 1978), 3, 12. A S e p t e m b e r 1983 study r e l e a s e d by the J a p a n e s e e m b a s s y c o n c l u d e d that m e t h o d o l o g i c a l differences l o w e r the m e a s u r e d rate in J a p a n by a m e r e two-tenths of o n e p e r c e n t a g e point. S. women. S. female-to-male median wage ratio of 60 percent. Moreover, Japanese women are to an overwhelming extent part-time workers.

Another adaptation has been to modify the rules of the game. In some cases, one can observe a trend toward the separation of the wage system and the promotion system so that a subordinate might be earning more than his superior. In other cases, the wage system has developed to consider both seniority and merit or merit alone. Indeed, a September 1977 Ministry of Labor survey found that 4 3 percent of enterprises were basing wage increases on merit alone. Part of the pressure to reward merit or skill has come from m a r k e d demographical shifts.

S. 8 schools. Other experts, such as Nathan Glazer, argue that it is hard to perceive a clear link between Japanese culture and savings. We will remain agnostic on this dispute. These, then, are the major explanations for Japanese thriftiness. It should be self-evident that many of these savings-promoting features are either nontransferable or not desirable to other economies. 7. Ezra Vogel, Japan as Number One (Cambridge: Harvard University Press, 1979), 177. 8. N a t h a n Glazer, "Social and Cultural Factors in J a p a n e s e Economic Growth," in Patrick and Rosovsky, Asia's New Giant.

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Comparing Economic Systems. A Political-Economic Approach by Andrew Zimbalist, Howard J. Sherman


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