Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2022. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 07 July 2022

Abstract and Keywords

The purpose of this article is to discuss the postwar Japanese keiretsu. In the face of powerful forces of institutional and economic change, the groups have “withered away,” such that they no longer constitute a significant topographic feature of the Japanese economic landscape, despite having been one from the 1950s to the early 2000s. The review of the keiretsu presented here is largely retrospective. This article gives an overview of the horizontal and vertical keiretsu; how they differed from business groups in other countries; where they came from; how they were structured; their benefits and liabilities for individual firms and the Japanese economy as a whole; why they have largely died out; and whether they—the vertical groups in particular—might be revived.

Keywords: postwar Japanese keiretsu, Japanese economic landscape, business groups, firms, Japanese economy

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.