Reforming Capitalism, Going Digital and Green

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corporate governance Japan
digital transformation strategies Japan
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evidence-based policymaking
forthcoming
gender equality policies
labour market reform
Society 5.0 policy
sustainable economic transition

Product details

  • ISBN 9781032986173
  • Weight: 380g
  • Dimensions: 174 x 246mm
  • Publication Date: 22 Jun 2026
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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The book describes Japan’s efforts since 2015 to exit the deflationary ‘lost decades’ and chart a new economic course through digital and green transformation, as well as ‘new/ sustainable capitalism.’

Japan is attempting to revitalize and reorient its economy through digital and green transformation. At the same time it is seeking to make a more equitable and sustainable transition through ‘new/ sustainable capitalism.’ These twin efforts face strong headwinds, not least from a declining and ageing population, and social divisions from earlier neoliberal policies. There are also contradictions, which are highlighted by corporate governance and labour market reforms, as well as technology push and competitiveness versus social needs- oriented innovation. The chapters in this volume, by Japanese and non- Japanese experts, highlight the emerging path of change towards Society 5.0, the quest to combine green and growth, and continued obstacles for full participation of women. They especially highlight the need for Japan to invest in people again, matching ‘human- centred’ rhetoric with concrete policy commitments and implementation. Only then will Japan truly emerge from its ‘lost decades.’

This book is relevant for students, researchers, and policymakers in the fields of economics, sustainable development, environmental studies, public policy, and social sciences.

The chapters in this book were originally published as a special issue of Asia Pacific Business Review.

D. Hugh Whittaker is Professor in the Economy and Business of Japan at the Nissan Institute of Japanese Studies, University of Oxford, and author of the recent book Building a New Economy: Japan’s Digital and Green Transformation.

Yoshifumi Nakata is Professor of Strategic Human Resource Management and Director of the Research Institute of STEM at Doshisha University. His research focuses on the relation between work environment and engineers’ performance.