Japan's great stagnation: forging ahead, falling behind

I am delighted to acknowledge the support and encouragement that I received from a considerable number of colleagues over the course of this study. They include Barry Eichengreen, Peter Mathias, Barry Supple, Mark Metzler and many in Japan, including Mariko Hatase, Kikuo Iwata. Michiya Kato, Takao Matsumura, Tamotsu Nishizawa, Osamu Saito, Kaoru Sugihara, Juro Teranishi, Ken'ichi Tomobe, Masazumi Wakatabe and Take shi Yuzawa. I am especially grateful to Michal Marcik for transforming my draft bibliography into a form ready for publication. As a staff member of the School of Political Science and Economics, I have also derived consid erable benefit from the intellectual and supportive environment of Waseda University in Tokyo.

Over the years my wife and family have become accustomed to my academic preoccupations, yet they have constantly made allowances beyond what I should have expected. I thank them again. This book is dedicated to my grandchildren. They bring so much joy.