"Drawing from a wide variety of primary sources, noted asset manager and Japan analyst Milton Ezrati describes how, in the midst of market chaos and bureaucratic opposition, Japan is already taking the first steps toward renewed economic growth and securing her place in the new world order. After fifty years of relying almost exclusively on domestic production she is expanding her manufacturing facilities abroad, especially on the Asian mainland.

As these foreign investments deepen, she will begin to assume the role of Asia's "headquarters nation," the region's chief exporter of ideas, expertise, and capital. As she becomes ever more dependent on foreign labor and cooperation, she will necessarily develop an aggressive new foreign policy - and an active new military - to defend her interests in the region and beyond."--BOOK JACKET.

"All of these changes will strip Japan of her present identity - that of an isolationist commercial giant - and force her to become something more, a nation among nations, with new and formidable powers - economic, financial, diplomatic, and military. Weaving these perspectives together, Ezrati explores the risks of this transformation - for Japan and for the world - as Japan's future leaders take charge of their nation's destiny."--BOOK JACKET.