Japan Restored: How Japan Can Reinvent Itself and Why This Is Important for America and the World

Clyde Prestowitz, Author

Labor economist Prestowitz (Rogue Nation) projects visions of Japan’s future in this well-handled study of sensitive politico-economic issues disguised as a love letter to the country. Japan’s economic decline after the 2011 tsunami spurred this peek into a crystal ball. Prestowitz opens with a snapshot of the nation in 2050 as a world leader in technology, medicine, athletics, and education. These strides follow a series of potential crises in 2016 that prompt the government to appoint an Extraordinary National Revitalization Commission. The commission introduces changes that strengthen Japan’s regional power and promote women into management positions, as well as transforming it into an English-speaking nation like Singapore. Finally, the 20th-century zaibatsu model that guaranteed citizens jobs for life is replaced by the profit-driven model that turned Nissan around in 2001. While there’s nothing in this big-themed fabulist tale that seems out of reach, it remains to be seen whether Prestowitz’s well-intentioned advice will make an impact among Japan’s decision makers. (Nov.)