Keiretsu Economy - New Economy?

This text combines a theoretical study of Japan's economic structures and multinational enterprises with a post modern analysis of the contemporary multinational enterprise. The author considers the appropriateness of the post modern approach for discussing economic activities, in particular the New Economy, and also Japanese society and culture. Kensy analyses Japan's economic structure, interpreting its methods, strategies and results in a post modern context and presents a survey of socio-economic development in Japan since the beginning of westernization. He goes on to discuss Japanese models for the transformation of society in the future, with particular reference to the Keiretzu. Finding Japan to be a truly postmodern society, Kensy shows that it is prepared to be a leader in the New Economy.