Adjustment problems in advanced open economies: Japan and Germany

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The contents include various studies and reports on business management and economic interactions between Germany and Japan. R.-B. Schmidt discusses the philosophy of enterprises and human concepts, while T. Kishida explores entrepreneurship as management ideology and corporate strategy. D. Schneidewind shares experiences managing a German subsidiary in Japan, and S. Kuraku reports on challenges faced by a Japanese establishment in Germany, offering solutions. M. Yamada examines process innovation in small Japanese firms, and R. Fahrion addresses fifth-generation technology's principles and economic implications. T. Saito analyzes the influence of German business administration on Japanese practices, particularly in accounting. W. Hilke discusses the development of external accounting in Germany in line with EC directives, while T. Matsugi outlines Japan's foreign trade structure. R. Okumura presents patterns of balance of payments within an optimal growth model. G. Blümle and S. Hauser investigate Baden-Württemberg's exports within Germany, and W. Pascha reviews the internationalization of the textile and clothing industries in Japan and West Germany from 1970 to 1985. Finally, M. Mizuno assesses the economic consequences of government deficits in Japan, while W. Scherf and A. Oberhauser discuss interactions between the external economy and Germany's fiscal and monetary policy in the context of stabilization policy.