By Nobuaki Yamashita
It examines how and why this has happened to Japanese production, and compares it to the experience of US industry, which underwent the shift decades earlier.
The chapters introduce theories, formulas and reams of statistics to explain and measure the fragmentation of the manufacturing process across national barriers. With the current concerns about the hollowing out of Japanese industry, many will no doubt be interested in Yamashita’s findings, namely, that off-shoring will lead to increased profitability for Japanese firms and more employment — rather than mass job losses.
