[PDF] Unmaking The Japanese Miracle eBook

Author : William M. Grimes
Publisher : Cornell University Press
Page : 281 pages
File Size : 46,99 MB
Release : 2018-08-06
Category : Political Science
ISBN : 1501725254

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In the last fifteen years, Japan's economy has gone from model of success to object lesson in failure. William W. Grimes offers a richly detailed, insider's view of the key macroeconomic policies and events in contemporary Japan, as well as a close examination of the causes and effects of these upheavals. It is difficult to believe that the "Bubble Economy" of the late 1980s and the failed attempts at economic stimulation in the following decade both arose from the same policies. In Unmaking the Japanese Miracle, Grimes shows that this is precisely what happened. Focusing less on what went wrong than on why it went wrong, Grimes finds that mistaken macroeconomic policies—loose money in the late 1980s, excessively tight money until 1992, and only grudging use of expansionary fiscal policy until 1998—largely caused Japan's economic problems. Based on scores of interviews with Japanese policymakers, his is the first political explanation of why these catastrophic policies were carried out by the Ministry of Finance, the Bank of Japan, and the Diet. Various economic shocks were met, Grimes says, with a consistent and often inappropriate pattern of responses. This pattern has fundamentally altered because of changes within the three policymaking institutions since 1998.

Author : Ritu Vij
Publisher : BoD – Books on Demand
Page : 265 pages
File Size : 25,37 MB
Release : 2016-04-12
Category : History
ISBN : 3741218863

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The papers assembled here share the dual conviction that (1) understanding the lineaments of Japanese modernity entails an appreciation of the specific forms of distinctions, discriminations and exclusions constitutive of it; (2) that the socio-economic-political fractures increasingly visible under conditions of late modernity reveal the precarious nature of the making of modernity in Japan. Bringing together a group of critical intellectuals, mostly based in Japan with long-standing political commitments to groups emblematic of modern Japan’s constitutive outside - inorities, migrants, foreigners, victims of the Fukushima disaster, welfare recipients among others this collection of essays aims to draw attention to processes of ‘making and unmaking’ that constellate Japanese modernity. Unlike previous attempts, however, devoted to destabilizing positivist/culturalist approaches to a post-war ‘miracle’ Japan via a critical post-structural theoretical vocabulary and episteme, the essays gathered here aim principally to examine traces of the making of modern Japan in the fissures and displacements visible at sites of modernity’s unmaking. Deploying a range of theoretical approaches, rather than a commitment to any single framework, the essays that follow aim to locate contemporary Japan and the ravages of its modernity within a wider critical discourse of modernity.

Author : Ulrike Schaede
Publisher : Routledge
Page : 278 pages
File Size : 36,41 MB
Release : 2015-03-27
Category : History
ISBN : 1317466888

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As Japan moves from a "catch-up" strategy to a post-developmental stage, it is changing its actions and reactions both in terms of international political economy and domestic policy issues. The current changes in Japan can best be understood as following a path toward "permeable insulation." Japan's government and economic system continue to insulate domestic businesses from full competition and the rigor of market forces, but this insulation is also permeable because a decline in state power vis-a-vis the private sector since the 1990s has combined with a decline in the solidarity of private institutions (such as keiretsu or trade associations) to make strategies of insulation much less rigid and uniform. As a result of the "permeable insulation," Japan's response to the global and domestic challenges of the 1990s is neither one of full acceptance nor rejection of global standards and practices. Instead, the basic scheme is one of pragmatic utilization of new rules and circumstances to continue industrial policies of promotion or protection in a new post-developmental era. By bringing together in-depth case studies of eight critical issue areas, this book looks at Japan's responses to globalization and move toward "permeable insulation." Part 1 introduces the reader to the concept of "permeable insulation" and provides a detailed review of past practices and changes in policy. Part 2 deals with international trade issues, Japan's compliance with and resistance to global trade rules, and the domestic interests visible in Japan's compliance. Part 3 focuses on domestic measures and policies that Japanese firms have used to adapt to the changes, within Japan and abroad, triggered by globalization and liberalization.

Author : Shiping Hua
Publisher : Routledge
Page : 283 pages
File Size : 42,24 MB
Release : 2014-12-17
Category : Business & Economics
ISBN : 1317815785

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Given the impressive growth in East Asia after World War II, initially led by Japan, the region's development models have been scrutinized since the 1980s. The shared Confucian cultural heritage, strong government guidance, and export led economies were often cited as contributors to the impressive growth. However, major changes have taken place in Asia on and around the turn of the century: Japan experienced two decades of economic slow-down, while World Bank figures reveal that China is poised to become the largest economy in the world in 2014, overtaking the United States. Bearing this in mind, is it even possible to formulate an East Asian development model in the context of a shifting twenty-first century? And if so, what is it? This book addresses this issue by looking at the economic, political and cultural perspectives of China, Japan and South Korea, focusing on dynamism and potential consensus regarding an East Asian development model. The chapters offer a historical background to the East Asian development model, as well as in-depth case studies of each of the countries concerned to show that whilst the East Asian development model does have distinct characteristics as compared with other areas, and other countries may draw some insights from the East Asian experience, it is not a panacea that fits all circumstances and fits all times. This book will be welcomed by students and scholars of Asian economics, Asian politics, international political economy and development studies.

Author : Vereinigung für Sozialwissenschaftliche Japanforschung. Jahrestagung
Publisher : LIT Verlag Münster
Page : 234 pages
File Size : 25,2 MB
Release : 2004
Category : Business & Economics
ISBN : 9783825873462

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The 1990s in Japan have been a period of far-reaching changes in Japanese society, which have not come to an end yet. These developments demand a reexamination of our accumulated knowledge of Japan. This volume looks at them from different perspectives; the contributions deal with issues from the fields of economy, education, political and social science. The volume is a collection of papers from the 2002 meeting of the German Association of Social Scientific Research of Japan (VSJF) at Halle-Wittenberg University.