Recently the term “corporate restructuring’ has been used to signify a series of strategies to relieve corporate cost burdens. In the American context, corporate restructuring has been synonymous with widespread layoffs and worker terminations as a prevailing strategy. Japanese and German firms, in contrast, use alternative employment adjustment measures with worker termination used as a last resort. Close examination indicates Japanese corporations exhibit organizing principles based on an elaborate sequence of employment adjustment responses to prolonged recession. Further, this article identifies the institutional relations that permit Japanese firms to resist terminating regular employees as a response to recession. Finally, we contend that societal accounting conventions mediate these institutional configurations and employment adjustments to economic recession. These Japanese organizing principles are not universal but represent a societal accounting scheme sustained by overlapping and crosscutting corporate, government, and social institutions.
Recent reforms with regard to Japan's child daycare policies have moved in the direction of deregulation, increased privatization and private/public partnerships. These reforms have substantially increased the availability of diversity of child daycare services. However, initiatives creating diversity have introduced issues of lack of equal access to highly desired services as, with privatization, higher quality services may cost more. Also, in municipally-provided care, parents are paying a greater proportion of the cost of childcare. These factors create a situation where poorer parents may not be able to afford the best care. The dominant Liberal Democratic Party has been reluctant to substantially increase national expenditures for child daycare and other supportive family policies. While it has provided initiatives that have eased the predicament of some working women, it has not resolved the cultural issue of utilizing women in a secondary role in employment and emphasizing the mother's responsibility (increasingly a working mother) as a caregiver of young children. As a result, family size remains substantially below the measure of population replacement.
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