Spatial Economics for Building Back Better: The Japanese Experience (Economics, Law, and Institutions in Asia Pacific)

This book provides a comprehensive analysis of national land and infrastructure design in Japan, focusing on the impact of population decline and natural disasters on urban development.

The authors draw on the theory of spatial economics and historical evidence to demonstrate how a growing economy with a population increase develops into a multi-cored and complex structure.

However, during the population decline phase, this construction can be destabilized due to agglomeration economies in the central core.

The book highlights the importance of innovative production in local towns to recover and sustain them, while also addressing the undesirable concentration in Tokyo that may lead to increasing social cost and risk.

With a focus on the recent novel coronavirus pandemic, this book provides valuable insights into the challenges facing Japan's urban development and offers practical solutions for sustainable growth.