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How Did Japan Achieve a 1% Unemployment Rate?
Japan was once a country that suffered from slow progress in its economic diversification away from agriculture. While the country modernized rapidly after 1868, the problem of a skills mismatch between education and industry remained throughout the first half of the 20th century. With a large number of educated but jobless citizens, youth unemployment continued to be a major economic problem. Nevertheless, a few decades later, the country developed a productive workforce harnessing its “youth bulge” demographics and succeeded in building competitive export-oriented manufacturing industries. During the 16 years between 1960 and 1975, in which the country’s GDP per capita grew almost te...
Skilling Youth: Japan’s Experience in “Joint Training” of Small and Medium-sized Enterprises
The development of ecosystems targeting the growth of small and medium-sized enterprises (SMEs) is one of the major challenges facing the Kingdom. Such ecosystems are indispensable to achieving what economists refer to as “inclusive growth” – economic growth, not only with high and increasing competitiveness but also with the creation of broad employment opportunities. In this respect, it is worth paying attention to the experiences of other countries that have previously achieved such growth relatively well in order to benefit from the lessons these experiences can provide.
Japan and the Middle East
The book provides a comprehensive analysis of the emergence, political economy and foreign relations of Japan’s relations with the Middle East, with an emphasis on its relations with the states in the Gulf Region. It offers both country specific case studies and thematic chapters, providing comprehensive study on Japan’s relations with the Gulf and the wider Middle East. Japan enjoys a strategic partnership with the Arab Gulf countries in terms of its energy trade, yet this has morphed into a wider trading relationship with the wider Middle East. The book studies Japan’s relations with Israel, Egypt and Turkey, covering security, the oil sector and the LNG sector Middle East. This will allow this book to go beyond its rich analytical and empirical content.
The Wealth of a Nation
How the development of legal and financial institutions transformed Britain into the world’s first capitalist country Modern capitalism emerged in England in the eighteenth century and ushered in the Industrial Revolution, though scholars have long debated why. Some attribute the causes to technological change while others point to the Protestant ethic, liberal ideas, and cultural change. The Wealth of a Nation reveals the crucial developments in legal and financial institutions in the seventeenth and eighteenth centuries that help to explain this dramatic transformation. Offering new perspectives on the early history of capitalism, Geoffrey Hodgson describes how, for the emerging British ...
Oman's Transformation after 1970
Oman's 1970 coup launched a new political and economic structure that was created by and for Sultan Qaboos. The initially haphazard construction matured into a durable structure that continues under Sultan Haitham. This work details the early construction of the Qabusid state in the 1970s-1980s, emphasizing the interplay between personalities and the process of institutionalization. The narrative continues to the present demonstrating the resilience of the Qaboosid system.
Salman's Legacy
A timely look at the personalities and factions contending for power in Riyadh as one princely order crumbles and another asserts itself
How NATO Adapts
Despite momentous change, NATO remains a crucial safeguard of security and peace. Today’s North Atlantic Treaty Organization, with nearly thirty members and a global reach, differs strikingly from the alliance of twelve created in 1949 to “keep the Americans in, the Russians out, and the Germans down.” These differences are not simply the result of the Cold War’s end, 9/11, or recent twenty-first-century developments but represent a more general pattern of adaptability first seen in the incorporation of Germany as a full member of the alliance in the early 1950s. Unlike other enduring post–World War II institutions that continue to reflect the international politics of their foundi...
