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In its series of public lectures, the German Institute for Japanese Studies
will present on
Tuesday, March 7, 2000
T. J. Pempel
(Professor, University of Washington, Seattle)
Embedded Capitalisms Under Siege: Japan and Germany
For several decades, Japan and Germany both embraced capitalist systems
that rewarded patient capital and patient labor. Maximizing short-term
profitability was valued less than was longer term predictability and
social cohesion. Since at least the late 1980s however, both countries have
seen their former systems subjected to massive outside economic pressures
ñpressures often summarized as 'globalization'. Both the German and
Japanese political economies have since confronted dramatic slowdowns from
their previous growth rates and the systems as a whole have been subjected
to massive reassessment. Interestingly, however, pressures on Japan have
come primarily within capital markets whereas those in Germany have been
most acute in labor markets.
T.J. Pempel is Boeing Professor of International Studies at the University
of Washington. He has written extensively on problems of Japanese and
comparative political economy. His most recent books are Regime Shift:
Comparative Dynamics of the Japanese Political Economy (1998), and The
Politics of the Asian Economic Crisis (1999), both in paperback from
Cornell University Press.
The lecture will be given in English. It will take place on Tuesday, March
07, 2000 at 6:30 p.m. at the DIJ. Admission is free, but please register by
March 06 with Ms. Dinkel at the DIJ.
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