Japan since 1980
Book Details
Format
Hardback or Cased Book
Book Series
The World Since 1980
ISBN-10
0521856728
ISBN-13
9780521856720
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Aug 25th, 2008
Print length
328 Pages
Weight
56 grams
Dimensions
23.50 x 15.80 x 2.30 cms
Product Classification:
Politics & governmentEconomics
Ksh 9,700.00
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A complete and self-contained discussion of Japan's economic and political institutions from 1980 up to 2007. It offers an extensive discussion of Koizumi's economic reform not found in any other English publication. The treatment jointly covers economic and political perspectives.
An analysis of the performance of Japan''s economic and political institutions from late 1970s to 2007. The authors explain how Japan''s flawed response to new economic, political, and technological forces ushered in a lost decade and a half of economic development from 1990. Impressive economic performance in the 1980s masked an ''accident waiting to happen'' - the collapse in equity and real estate prices in 1990–1. Japan''s iron triangle of politicians, bureaucrats, and client industries, combined with a flawed financial liberalization process and policy errors by the Bank of Japan and the Ministry of Finance, brought Japan to an abyss of deflation, recession, and insolvency by the late 1990s. The turning point was the election of Koizumi as prime minister in 2001. The book explores Koizumi''s economic reform, new developments in socioeconomic conditions, the politics and economy after Koizumi, and the economic and political challenges facing Japan in the new century.
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