• Hardcover: 288 pages
  • Publisher: FT Press (February 19, 2007)
  • Language: English
  • ISBN-10: 0132343908

Declaring that “Japan is back,” Shipley focuses on the “once-in-a-lifetime” investment opportunities currently available there in this dry but informative guide. Drawing largely on interviews and conversations with experts and investors, the former economist at Lehman Brothers Japan addresses topics ranging from intellectual property to real estate. Many chapters also feature brief summaries, which distill the author’s complicated analysis into clearly articulated “investor implications.” While Shipley proves incredibly optimistic about the outlook for investors in Japan, he also offers caveats and reservations along the way, directly addressing such key concerns as Japan’s declining birthrate. Having lived in Japan for 15 years, Shipley writes with authority, but his book has extremely limited appeal for the casual reader, despite its thoughtful, far-reaching analysis of Japan’s historical relationship with China. Those with the requisite economic knowledge and money to invest may learn from the book, but most readers will probably have a difficult time penetrating its challenging subject matter. (Mar.)

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