In his final work, one that distills decades of research and thought, a distinguished economic thinker turned social scientist and philosopher confronts three crucial questions facing the world at the end of the century: How and in what form can a harmonious and stable post-cold war world order be created? How can the world maintain the economic performance necessary for the well-being of people while minimizing international economic conflicts and further deterioration of the world’s environment? What must be done to safeguard the freedoms of all peoples? In attempting to answer these questions, Murakami criticizes classical political-economic analysis and offers his own “anticlassical” analyses and visions for the next century. By classical political-economic analysis, Murakami refers to analyses of power politics based on the nation-state system and to classical and neoclassical economic analysis which holds that unimpeded competition and free trade are fundamental bases for increasing wealth for the benefit of all. Murakami’s anticlassical stance takes the form of a new, intellectually integrated and reasoned concept called “polymorphic liberalism,” which argues that traditional “progressivism”—the belief that humans have an ultimate unique path on which they will reach an ideal social and political-economic system—can no longer meet today’s challenges.

In his final work, Murakami confronts three crucial questions: How and in what form can a harmonious and stable post-cold-war world order be created? How can the world maintain the necessary economic performance while minimizing conflicts and environmental deterioration? What must be done to safeguard the freedoms of all peoples?

Nine essays critically evaluate Murakami's sanguine vision for the future which is sustained by "polymorphic liberalism," a new type of liberalism that reflects the needs of both developed and developing economies and the realities of the diversity of cultures.

The Economic Emergence of Modern Japan is a useful book for those interested in how Japan succeeded in transforming an agricultural economy into an advanced industrial economy. This volume brings together chapters from The Cambridge History of Japan, Volumes 5 and 6, and The Cambridge Economic History of Europe, Volume 7, part 2. Each of the seven chapters, written by leading specialists in Japanese economic history, explains in an authoritative, detailed analysis how institutions, the behaviour of individuals and firms, and official policies changed in order to enable Japan to accumulate capital, adopt new technology, ensure a skilled labour-force, and increase exports of manufactured goods. The authors pay special attention to distinctive Japanese institutions and policies, the effect of the Tokugawa legacy, and the impact of various wars, and the global economy.

This book is the eagerly awaited successor to Robert Gilpin's 1987 The Political Economy of International Relations, the classic statement of the field of international political economy that continues to command the attention of students, researchers, and policymakers. The world economy and political system have changed dramatically since the 1987 book was published. The end of the Cold War has unleashed new economic and political forces, and new regionalisms have emerged. Computing power is increasingly an impetus to the world economy, and technological developments have changed and are changing almost every aspect of contemporary economic affairs. Gilpin's Global Political Economy considers each of these developments. Reflecting a lifetime of scholarship, it offers a masterful survey of the approaches that have been used to understand international economic relations and the problems faced in the new economy. Gilpin focuses on the powerful economic, political, and technological forces that have transformed the world. He gives particular attention to economic globalization, its real and alleged implications for economic affairs, and the degree to which its nature, extent, and significance have been exaggerated and misunderstood. Moreover, he demonstrates that national policies and domestic economies remain the most critical determinants of economic affairs. The book also stresses the importance of economic regionalism, multinational corporations, and financial upheavals. Gilpin integrates economic and political analysis in his discussion of "global political economy." He employs the conventional theory of international trade, insights from the theory of industrial organization, and endogenous growth theory. In addition, ideas from political science, history, and other disciplines are employed to enrich understanding of the new international economic order. This wide-ranging book is destined to become a landmark in the field.

No nation was more deeply affected by America’s rise to world power than Japan. President Franklin Roosevelt’s uncompromising policy of unconditional surrender led to the catastrophic finale of the Asia-Pacific War and the most intrusive international reconstruction of another nation in modern history. Japan in the American Century examines how Japan, with its deeply conservative heritage, responded to the imposition of a new liberal order. The price Japan paid to end the occupation was a cold war alliance with the United States that ensured America’s dominance in the region. Still traumatized by its wartime experience, Japan developed a grand strategy of dependence on U.S. security guarantees so that the nation could concentrate on economic growth. Yet from the start, despite American expectations, Japan reworked the American reforms to fit its own circumstances and cultural preferences, fashioning distinctively Japanese variations on capitalism, democracy, and social institutions. Today, with the postwar world order in retreat, Japan is undergoing a sea change in its foreign policy, returning to an activist, independent role in global politics not seen since 1945. Distilling a lifetime of work on Japan and the United States, Kenneth Pyle offers a thoughtful history of the two nations’ relationship at a time when the character of that alliance is changing. Japan has begun to pull free from the constraints established after World War II, with repercussions for its relations with the United States and its role in Asian geopolitics.

The Japanese economy, after decades of seemingly unsurpassable competitiveness, experienced a major crisis in the 1990s. Observers of Japan are faced with a challenging question: How can one explain Japan's reversal from stunning prosperity to dismal stagnation? Bai Gao, in this illuminating, comprehensive analysis of Japan's economic story goes beyond other analyses to demonstrate how the same economic institutions could produce both stunning economic success and the slump of the 1990s. By comparing the factors that sustained miracle growth in Japan in the 1960s and 1970s with the factors that led to the bubble economy of the late 1980s, Gao sheds new light on internal tensions in the Japanese economic system and how, finally, they 'burst the bubble' in the 1990s. Those who have been following the lively debate over 'What Became of the Japanese Miracle?' will be rewarded by Gao's richly detailed, historically informed, and multilayered contribution.