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This enlightening text analyses the§origins of Western complaints, prevalent in the late nineteenth century, that§Japan was characterised at the time by exceptionally low standards of§'commercial morality', despite a major political and economic transformation. As§Britain industrialised during the nineteenth century the issue of 'commercial§morality' was increasingly debated. Concerns about standards of business ethics§extended to other industrialising economies, such as the United States. Hunter§examines the Japanese response to the charges levelled against Japan in this§context, arguing that this was shaped by a pragmatic recognition that Japan had§little choice but to adapt itself to Western expectations if it was to§establish its position in the global economy. The controversy and criticisms,§which were at least in part stimulated by fear of Japanese competition, are§important in the history of thinking on business ethics, and are of relevance§for today's industrialising economies as they attempt to establish themselves§in international markets.§