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Table of Contents

Preface ix Acknowledgments xiii Chapter 1: How Japan Papers Over Economic Cracks with Monetary and Fiscal Policy 1 Chapter 2: The Female Problem: How Institutionalized Sexism Kills Growth 39 Chapter 3: The 1,000,000,000,000,000 Yen Monster: When a Debt Market Becomes So Big It Dominates Everything 67 Chapter 4: The Fukushima Effect: How Rampant Cronyism Holds Japan Back 95 Chapter 5: Galapagos Nation: How Isolation Stunts Japan?s Evolution 125 Chapter 6: Hello Kitty Isn?t a Foreign Policy: How Amateurish Diplomacy Undermines Japan 155 Chapter 7: Will Abenomics Save the World? 185 Bibliography 213 About the Author 219 Index 221

About the Author

WILLIAM PESEK is a Bloomberg columnist in Tokyo. He provides opinions and commentary on economics, business, markets, and politics throughout Asia. His columns routinely appear in publications around the globe. Previously, he was a columnist for Barron s, writing about global economics, politics, and financial markets. William was the winner of the Society of American Business Editors and Writers (SABEW) s 2010 award for commentary.

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