The Political Economy of Japanese Monetary Policy

The Political Economy of Japanese Monetary Policy PDF Author: Thomas F. Cargill
Publisher: MIT Press
ISBN: 9780262262071
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
The contributions in this book provide a unique view of its emergence and growth in a number of different national settings in an area of the Third World where the industry is most advanced. In The Political Economy of Japanese Monetary Policy, Cargill, Hutchison, and Ito investigate the formulation and execution of monetary and financial policies in Japan within a broad technical, political, and institutional context.Their emphasis is on the period since the collapse of the Bretton Woods system of fixed exchange rates in the early 1970s, and on the effects of policies and institutions in shaping the modern Japanese economy. The authors present basic themes and recent developments, as well as their own research findings.They also review and integrate the large literature in the area. They consider theoretical arguments and empirical evidence for each topic discussed. Topics covered include Japan's low inflation record (despite the central bank's lack of formal independence from the government); politically motivated business cycles and the timing of elections; exchange rate policy and international policy coordination; the historical development of central banking; Japan's "bubble economy" of the 1980s; and the causes, magnitude, and regulatory responses to Japan's banking and financial crisis of the 1990s.

The Political Economy of Japanese Monetary Policy

The Political Economy of Japanese Monetary Policy PDF Author: Thomas F. Cargill
Publisher: MIT Press
ISBN: 9780262262071
Category : Business & Economics
Languages : en
Pages : 260

Get Book

Book Description
The contributions in this book provide a unique view of its emergence and growth in a number of different national settings in an area of the Third World where the industry is most advanced. In The Political Economy of Japanese Monetary Policy, Cargill, Hutchison, and Ito investigate the formulation and execution of monetary and financial policies in Japan within a broad technical, political, and institutional context.Their emphasis is on the period since the collapse of the Bretton Woods system of fixed exchange rates in the early 1970s, and on the effects of policies and institutions in shaping the modern Japanese economy. The authors present basic themes and recent developments, as well as their own research findings.They also review and integrate the large literature in the area. They consider theoretical arguments and empirical evidence for each topic discussed. Topics covered include Japan's low inflation record (despite the central bank's lack of formal independence from the government); politically motivated business cycles and the timing of elections; exchange rate policy and international policy coordination; the historical development of central banking; Japan's "bubble economy" of the 1980s; and the causes, magnitude, and regulatory responses to Japan's banking and financial crisis of the 1990s.

Japan and China in the World Political Economy

Japan and China in the World Political Economy PDF Author: Saadia Pekkanen
Publisher: Routledge
ISBN: 1134203608
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
Two powers in East Asia today stand to define the region's economic and commercial future: Japan, which rose in a spectacular industrial burst to become at present the world's second largest economy; and China, which is rapidly advancing towards a market economy under the watchful eye of the world. While much has been made of Japan and China’s particular economic institutions and developmental paths, few works analyze them in a comparative framework. Including contributions from leading academics, the text focuses on the period from the 1980s to the onset of the 2000s, reviewing the experiences of Japan and China across the areas of development, trade, investment, finance and technology. Drawing on a combination of official documents, economic statistics, case studies and original fieldwork, this book will give political scientists, political economists, business concerns, and policy analysts a firmer grasp of the role Japan and China stand to play in the world political economy.

Japan’s Politics and Economy

Japan’s Politics and Economy PDF Author: Marie Söderberg
Publisher: Routledge
ISBN: 113518125X
Category : Business & Economics
Languages : en
Pages : 234

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Book Description
For some time Japan has been under fire for adjusting too slowly to new realities. While this criticism may be valid on some levels, Japan has been transforming in tandem with both regional and global forces. However, these changes have been largely overshadowed by the immense changes in Asia; including the rise of China, the 1997 Southeast Asian financial crisis and North Korea's development of nuclear weapons. Has Japan, the world's second largest economy, only been muddling through? In this volume the contributors show that although the challenges faced are great, Japan is changing in areas ranging from political leadership, education policy, official development assistance, peace building and security, to defence production, business associations and innovation policy. The book analyses processes of change, focusing on the dynamics of change - rather than structural change or institutional change per se - from four levels: the individual, domestic, regional and global. Forces from outside Japan, such as a changing world order and changes in power relationships in Asia, have driven change along with pressures emerging within Japan, such as the increasing power of public opinion and competitiveness within markets. This book will be of interest to scholars and students of Japanese and Asian Studies, Politics, International Relations, Globalization, Business and Economics.

Japan Transformed

Japan Transformed PDF Author: Frances Rosenbluth
Publisher: Princeton University Press
ISBN: 1400835097
Category : Political Science
Languages : en
Pages : 263

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Book Description
With little domestic fanfare and even less attention internationally, Japan has been reinventing itself since the 1990s, dramatically changing its political economy, from one managed by regulations to one with a neoliberal orientation. Rebuilding from the economic misfortunes of its recent past, the country retains a formidable economy and its political system is healthier than at any time in its history. Japan Transformed explores the historical, political, and economic forces that led to the country's recent evolution, and looks at the consequences for Japan's citizens and global neighbors. The book examines Japanese history, illustrating the country's multiple transformations over the centuries, and then focuses on the critical and inexorable advance of economic globalization. It describes how global economic integration and urbanization destabilized Japan's postwar policy coalition, undercut the ruling Liberal Democratic Party's ability to buy votes, and paved the way for new electoral rules that emphasized competing visions of the public good. In contrast to the previous system that pitted candidates from the same party against each other, the new rules tether policymaking to the vast swath of voters in the middle of the political spectrum. Regardless of ruling party, Japan's politics, economics, and foreign policy are on a neoliberal path. Japan Transformed combines broad context and comparative analysis to provide an accurate understanding of Japan's past, present, and future.

The Political Economy of Japan's Low Fertility

The Political Economy of Japan's Low Fertility PDF Author: Frances McCall Rosenbluth
Publisher: Stanford University Press
ISBN: 9780804768207
Category : Social Science
Languages : en
Pages : 252

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Book Description
This book takes an interdisciplinary approach to one of Japan's thorniest public policy issues: why are women increasingly forgoing motherhood? At the heart of the matter lies a paradox: although the overall trend among rich countries is for fertility to decrease as female labor participation increases, gender-friendly countries resist the trend. Conversely, gender-unfriendly countries have lower fertility rates than they would have if they changed their labor markets to encourage the hiring of women—and therein lies Japan's problem. The authors argue that the combination of an inhospitable labor market for women and insufficient support for childcare pushes women toward working harder to promote their careers, to the detriment of childbearing. Controversial and enlightening, this book provides policy recommendations for solving not just Japan's fertility issue but those of other modern democracies facing a similar crisis.

The Political Economy of the Abe Government and Abenomics Reforms

The Political Economy of the Abe Government and Abenomics Reforms PDF Author: Takeo Hoshi
Publisher: Cambridge University Press
ISBN: 1108843956
Category : Business & Economics
Languages : en
Pages : 573

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Book Description
Explores the politics and economics of the Abe government and evaluates major policies, such as Abenomics policy reforms.

Governing Japan

Governing Japan PDF Author: J. A. A. Stockwin
Publisher: John Wiley & Sons
ISBN: 1405154160
Category : Political Science
Languages : en
Pages : 322

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Book Description
This fourth edition provides an in-depth, up-to-date, chronological analysis of Japan’s current political system and the contributions of its leaders. It emphasizes why Japan and its politics matters in a global society. Ideal for college courses on Japanese or comparative politics as well as for those interested in Japanese war memory, constitutional revision, and Japan’s relationship with the US, China, and North and South Korea Investigates the divided aspects existing below the veneer of consensus in Japanese politics Explores conflicts between power-hungry political groups as well as fundamental differences regarding Japan’s constitution, the interpretation of Japanese actions in the Asia-Pacific War, and Japan’s place in today’s world Advocates a system that readily permits changes of party in power for the present system dominated by the Liberal Democratic Party Examines the extreme statements of high profile politicians to determine whether a "nationalist resurgence” in Japan is real or not Sheds light on the official incompetence and the spectacular rise of civil society following the Kobe earthquake Features numerous Japanese sources

The Political Economy of Japanese Society: The state of the market?

The Political Economy of Japanese Society: The state of the market? PDF Author: Junji Banno
Publisher: Oxford University Press, USA
ISBN: 9780198280330
Category : Business & Economics
Languages : en
Pages : 388

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Book Description
Beginning in the late 19th century this study examines the historical developments of Japan's contemporary political economy paying particular attention to the changes that have taken place from the bottom up

The Political Economy of Japan

The Political Economy of Japan PDF Author: Gordon C. K. Cheung
Publisher: Marshall Cavendish Academic
ISBN:
Category : History
Languages : en
Pages : 132

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Book Description
This book explores how Japan balances her internal political economy with the external process of internationalisation by examining the following aspects of Japanese economic development planning: industrial policies and financial system; political economy in relation to the otherAsian countries; role in the global economy; and structural changes to Japan's post-Cold War economic development. This new edition tackles the problems and issues for Japan in the post-Sep 11 period, the election of Koizumi as prime minister, and the entry of China into the WTO. the author suggests that Japan may need to be more involved in the East Asian political economy at a time when the United States is more and more involved in the war against terrorism.

Japanese Political Economy Revisited

Japanese Political Economy Revisited PDF Author: David Chiavacci
Publisher: Routledge
ISBN: 0429884559
Category : Business & Economics
Languages : en
Pages : 162

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Book Description
During the last 30 years, the Japanese political economy system has experienced significant changes that are usually not well understood or analysed because of their complexity and contradictions. This book provides new analyses and insights on the process of evolving Japanese political economy including Japan’s current economic policy known as Abenomics. The first three chapters looks at evolutions at the corporate level, characterised in recent years by increasing firm heterogeneity. The authors apply theoretically driven analyses to the complex subject of corporate governance, human resource management and corporate reporting by discussing new developments in context of their economic opportunities as well as of their institutional contradictions with continuities in Japanese business practices. The second group of chapters deals with institutional changes and evolving economic reforms on the macro level of political economy. The two chapters focus on the financial system regulation and economic growth policies as two central elements of Japan’s political economy and key drivers in the evolution of its economy. Their analysis allows us to better understand the interplay between reforms and change in consumption credit and to reinterpret Abenomics as a manifestation of ongoing contradictions within the Japanese political economy. The chapters were originally published in a special issue in Japan Forum.