Introduction : Background. Outline
The postwar economic system : Banking bias and horizontal keiretsu. Corporate governance. Vertical keiretsu. Restrained price conpetition. Labor markets. Industrial policy. Attractiveness. Interconnections. Conclusion
The argument for change : The macroeconomic spur to change. Inefficiencies. Inherent flaws. Globalization. Conclusion
Vested interests : The rural sector. Lifetime employees. Government workers. The construction sector. The distribution sector. Small manufacturing firms. Homeowners. Conclusion
Consistency with society : Social features. Implications for the economic system. Conclusion
Weak outcomes: Deregulation. Administrative reform. Continuing government role in the economy. Private-sector restructuring. Conclusion
Implications for American policy : Implications for bilateral economic relations. Diplomatic-political relations. Security. Conclusion
