Fr. 90.00

The Political Economy of the Japanese Financial Big Bang

English · Hardback

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Description

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Zusatztext ...worthwhile reading for anyone interested in the political economy of financial liberalisation in Japan. Informationen zum Autor The late Tetsuro Toya obtained his PhD from Stanford University in 2000. He completed his undergraduate studies at Tokyo University. He has held positions in the Secretarial Division, Minister's Secretariat, Ministry of Finance and was a Visiting Fellow at the Research Institute of Economy, Trade and Industry (RIETI). Zusammenfassung This book emphasizes change over continuity in Japanese policymaking. It argues that Japan's Big Bang financial reforms emerged out of a policymaking process that deviated radically from past patterns. Performance failures, scandals and fluidity in party politics led the Ministry of Finance to promote reforms that otherwise would have been opposed.

List of contents

  • Foreword

  • Preface

  • 1: Did Japanese politics change in the 1990s?

  • Analytical framework

  • 2: A rational actor approach

  • 3: How do systems change? Actors, preferences, strategies, and institutions in financial politics

  • 4: Economic realities of the Big Bang

  • Analysis of financial politics

  • 5: A political analysis of the emergence of the Big Bang Initiative

  • 6: Financial industry influence on financial reforms

  • 7: New developments in bureaupluralism in financial policymaking

  • The meaning of change

  • 8: Institutional change in the Japanese political economy

  • 9: Conclusions

Report

...worthwhile reading for anyone interested in the political economy of financial liberalisation in Japan. The Financial Regulator

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