| Japan Since 1980 Contributor(s): Cargill, Thomas F. (Author), Sakamoto, Takayuki (Author) |
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ISBN: 0521856728 ISBN-13: 9780521856720 Publisher: Cambridge University Press OUR PRICE: $74.10 Product Type: Hardcover - Other Formats Published: August 2008 Annotation: This book provides a complete and self-contained discussion of Japan's economic and political institutions from 1980 up to 2007. |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - General - Business & Economics | Economic Conditions - Business & Economics | International - Economics |
| Dewey: 330.952 |
| LCCN: 2008027115 |
| Series: World Since 1980 |
| Physical Information: 1" H x 6.2" W x 9.1" (1.25 lbs) 328 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This book tells the story of the performance of Japan's economic and political institutions starting in the late 1970s through late 2007. The authors explain how Japan's flawed response to new economic, political, and technological forces requiring more open markets and more democratic political institutions ushered in a "lost decade and a half" of economic development from 1990 to 2005. Japan's impressive economic performance in the 1980s in fact masked an "accident waiting to happen," the accident being the burst of the bubble in equity and real estate prices in 1990 and 1991. 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. Koizumi took advantage of important institutional changes in Japan's electoral system and policy making and implemented many changes in economic policy. The book explores Koizumi's economic reform, new developments in Japanese people's socioeconomic conditions, the politics and economy after Koizumi, and the economic and political challenges facing Japan in the new century. |
Contributor Bio(s): Cargill, Thomas F.: - Thomas F. Cargill is Professor of Economics at the University of Nevada, Reno. He studies financial and central bank policy in Japan and the United States. Professor Cargill is co-author of The Political Economy of Japanese Monetary Policy (1997), Financial Policy and Central Banking in Japan (2001), and Postal Savings and Fiscal Investment in Japan (2003). He has published in the Journal of Comparative Economics, the Journal of Economic History, the Journal of Political Economy, and Monetary and Economic Studies.Sakamoto, Takayuki: - Takayuki Sakamoto is Assistant Professor of Political Science at Southern Methodist University, Dallas, Texas. He studies comparative political economy of industrialized democracies. Professor Sakamoto is the author of Economic Policy and Performance in Industrial Democracies (forthcoming) and Building Policy Legitimacy in Japan (1999). His articles have appeared in such journals as Comparative Political Studies, European Studies, the European Journal of Political Research, and Party Politics. |
