Rebuilding Japan, Without the Graft (BusinessWeek)

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BusinessWeek - At the end of World War II, the Japanese had a saying that, thanks to American bombers, a person could roll a bowling ball from Tokyo all the way to Yokohama. The half-century that followed was an almost uninterrupted construction binge. Japanese firms built factories and office buildings, apartment blocks and highways, dams and bridges, bullet trains and airports -- the links in the nation's vast, intricate, just-in-time supply chains. The outside world thinks of Japan's rise from smoldering wreck to the world's second-largest economy as being built on cars and electronics. ...

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