The book opens with a concise account of modern Japanese economic history and the essence of postwar macroeconomic issues and policy. Then, the nature of the Japanese corporation, labour relations and technological innovations, as well as the Japanese experience in structural adjustments are discussed. Three chapters are devoted to Japan’s international economic relations, in which emphasis is placed on Japan’s trade surplus, conflicts with Western powers and Japan’s overseas investments. The final section contains chapters dealing with the service sector (including distribution, health and education) and with Japan’s quality of life (relating to matters such as pollution and urbanisation).