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Hiroaki Richard Watanabe

Unions and Labor Market Deregulation in Japan

by Hiroaki Richard Watanabe

Japan has suffered from economic stagnation since the collapse of the bubble economy in the early 1990s. Japanese companies also have experienced intensified economic competition from neighboring East Asian countries. In response to employers’ demand for greater labor market flexibility to cope with this situation, the government of the Liberal Democratic Party (LDP) has implemented labor market deregulation since the 1990s by increasing its authoritarian...

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