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Japanese Foreign Policy And Economic Growth
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Book Synopsis Restoring Japan's Economic Growth by : Adam Simon Posen
Download or read book Restoring Japan's Economic Growth written by Adam Simon Posen and published by Peterson Institute. This book was released on 1998 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Criticism of current Japanese macroeconomic and financial policies is so wide spread that the reasons for it are assumed to be self-evident. In this volume, Adam Posen explains in depth why a shift in Japanese fiscal and monetary policies, as well as financial reform, would be in Japan's self-interest. He demonstrates that Japanese economic stagnation in the 1990s is the result of mistaken fiscal austerity and financial laissez-faire rather than a structural decline of the "Japan Model." The author outlines a program for putting the country back on the path to solid economic growth - primarily through permanent tax cuts and monetary stabilization - and draws broader lessons from the recent Japanese policy actions that led to the country's continuing stagnation.
Book Synopsis MITI and the Japanese Miracle by : Chalmers Johnson
Download or read book MITI and the Japanese Miracle written by Chalmers Johnson and published by Stanford University Press. This book was released on 1982-06 with total page 818 pages. Available in PDF, EPUB and Kindle. Book excerpt: The focus of this book is on the Japanese economic bureaucracy, particularly on the famous Ministry of International Trade and Industry (MITI), as the leading state actor in the economy. Although MITI was not the only important agent affecting the economy, nor was the state as a whole always predominant, I do not want to be overly modest about the importance of this subject. The particular speed, form, and consequences of Japanese economic growth are not intelligible without reference to the contributions of MITI. Collaboration between the state and big business has long been acknowledged as the defining characteristic of the Japanese economic system, but for too long the state's role in this collaboration has been either condemned as overweening or dismissed as merely supportive, without anyone's ever analyzing the matter. The history of MITI is central to the economic and political history of modern Japan. Equally important, however, the methods and achievements of the Japanese economic bureaucracy are central to the continuing debate between advocates of the communist-type command economies and advocates of the Western-type mixed market economies. The fully bureaucratized command economies misallocate resources and stifle initiative; in order to function at all, they must lock up their populations behind iron curtains or other more or less impermeable barriers. The mixed market economies struggle to find ways to intrude politically determined priorities into their market systems without catching a bad case of the "English disease" or being frustrated by the American-type legal sprawl. The Japanese, of course, do not have all the answers. But given the fact that virtually all solutions to any of the critical problems of the late twentieth century--energy supply, environmental protection, technological innovation, and so forth--involve an expansion of official bureaucracy, the particular Japanese priorities and procedures are instructive. At the very least they should forewarn a foreign observer that the Japanese achievements were not won without a price being paid.
Book Synopsis Economic Policy in Postwar Japan by : Kozo Yamamura
Download or read book Economic Policy in Postwar Japan written by Kozo Yamamura and published by Univ of California Press. This book was released on 2022-04-29 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of the Pacific War, Japan has, broadly speaking, pursued two economic policies: a "democratization" policy laid down by the Allied Powers, and subsequently a "de-democratization" policy formulated and vigorously pursued by the independent government. Yamamura here addresses himself to two central questions: What were the objectives and results of each policy? And why and how did the earlier one give way to the later? Yamamura never loses sight of his main theme--the transformation of the economic "democratization" policy of the Occupation period into the growth policy pursued by the Japanese government thereafter. He is concerned not so much to provide a comprehensive study of Japanese economic policy as to examine selected facets of it--for example, taxation policies, anti- and pro-monopoly legislation, the position of the Zaibatsu, and the social costs of economic concentration. He deals with topics that are hotly debated in Japan and elsewhere, but his tone is never polemical, and his judgments are cool and scholarly. This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1967.
Book Synopsis Japanese Foreign Policy at the Crossroads by : Yutaka Kawashima
Download or read book Japanese Foreign Policy at the Crossroads written by Yutaka Kawashima and published by Rowman & Littlefield. This book was released on 2003-10-16 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The post–World War II paradigm that ensured security and prosperity for the Japanese people has lost much of its effectiveness. The current generation has become increasingly resentful of the prolonged economic stagnation and feels a sense of drift and uncertainty about the future of Japan's foreign policy. In J apanese Foreign Policy at the Crossroads, Yutaka Kawashima clarifies some of the defining parameters of Japan's past foreign policy and examines the challenges it currently faces, including the quagmire on the Korean Peninsula, the future of the U.S.-Japan alliance, the management of Japan-China relations, and Japan's relation with Southeast Asia. Kawashima—who, as vice minister of foreign affairs, was Japan's highest-ranking foreign service official—cautions Japan against attempts to ensure its own security and well-being outside of an international framework. He believes it is crucial that Japan work with as many like-minded countries as possible to construct a regional and international order based on shared interests and shared values. In an era of globalization, he cautions, such efforts will be crucial to maintaining global world order and ensuring civilized interaction among all states.
Book Synopsis Japan, China, and the Growth of the Asian International Economy, 1850-1949 by : Kaoru Sugihara
Download or read book Japan, China, and the Growth of the Asian International Economy, 1850-1949 written by Kaoru Sugihara and published by OUP Oxford. This book was released on 2005-03-24 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Asian economic history has often been written in terms of Western impact and Asia's response to it. This volume argues that the growth of intra-regional trade, migration, and capital and money flows was a crucial factor that determined the course of East Asian economic development. Twelve chapters are organized around three main themes. First, economic interactions between Japan and China were important in shaping the pattern of regional industrialization. Neither Japan nor China imported technology and organizations, and attempted to "catch up" with the West alone. Japan's industrialization took place, taking advantage of the Chinese merchant networks in Asia, while the Chinese competition was a critical factor in the Japanese technological and organizational "upgrading" in the interwar period. Second, the pattern of China's integration into the international economy was shaped by the growth of intra-Asian trade, migration, and capital flows and remittances. While the Western impact was largely confined to the littoral region of China, intra-Asian trade was more directly connected with China's internal market. Both the fall of the imperial monetary system and the rise of economic nationalism in the early twentieth century reflected increasing contacts with the Asian international economy. Third, a study of intra-Asian trade and migration helps us understand the nature of colonialism and the international climate of imperialism. In spite of the adverse political environment, East Asian merchant and migration networks exploited economic opportunities, taking advantage of colonial institutional arrangements and even political conflicts. They made a contribution to national and regional economic development in the politically more favourable environment after the Second World War, by providing the valuable expertise and entrepreneurship they had accumulated prewar. The character of the international order of Asia, governed by Western powers, especially Britain, but shared also by Japan for most of the period, was "imperialism of free trade", although it eventually collapsed by the late 1930s.
Book Synopsis Strategic Japan by : Michael J. Green
Download or read book Strategic Japan written by Michael J. Green and published by Rowman & Littlefield. This book was released on 2014-11-06 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is Japan capable of grand strategy when it comes to foreign policy? Modern Japan faces challenges on every front: from a rising China and constrained economic growth at home, to an ever-present threat posed by an increasingly unstable North Korea, to an evolving and complex relationship with the West that for so long has served as the bedrock of Japanese foreign policy. Prime Minister Shinzo Abe has garnered significant attention for his policies undergirding a path of “proactive pacifism” for Japan, but many questions remain unanswered with regard to what Japan’s global role ought to be, what it can be, and what that role’s development would mean for the greater stability of the region and the fate of broader geopolitical alliances across the world. While it is clear that both Japan and its allies would be best served by a clear, comprehensive, and forward-thinking Japanese foreign policy blueprint, but actually developing and implementing such a policy is understandably easier said than done. Fortunately, shaping this new strategy is a generation of Japanese foreign policy experts with eyes toward the future of Japanese power and diplomacy. In Strategic Japan: New Approaches to Foreign Policy and the U.S. Japan Alliance, five preeminent scholars: Yasuhiro Matsuda, Tetsuo Kotani, Hiroyasu Akutsu, Yoshikazu Kobayashi, and Nobuhiro Aizawa discuss Japan’s changing role in the world and the high stakes policy issues affecting Japan, Asia, and the world today. Taken together, these experts’ contributions highlight potential areas for enhanced cooperation between the United States and Japan at a time when the West desperately needs a confident and proactive Japan, and Japan needs sustained American engagement and deterrence in an Asia-Pacific region that will continue to be the site of economic growth and expansion for years to come.
Book Synopsis Japan Transformed by : Frances Rosenbluth
Download or read book Japan Transformed written by Frances Rosenbluth and published by Princeton University Press. This book was released on 2010-04-12 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Policy Uncertainty in Japan by : Ms.Elif C Arbatli
Download or read book Policy Uncertainty in Japan written by Ms.Elif C Arbatli and published by International Monetary Fund. This book was released on 2017-05-30 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards building on the approach of Baker, Bloom and Davis (2016). Each index reflects the frequency of newspaper articles that contain certain terms pertaining to the economy, policy matters and uncertainty. Our overall EPU index co-varies positively with implied volatilities for Japanese equities, exchange rates and interest rates and with a survey-based measure of political uncertainty. The EPU index rises around contested national elections and major leadership transitions in Japan, during the Asian Financial Crisis and in reaction to the Lehman Brothers failure, U.S. debt downgrade in 2011, Brexit referendum, and Japan’s recent decision to defer a consumption tax hike. Our uncertainty indices for fiscal, monetary, trade and exchange rate policy co-vary positively but also display distinct dynamics. VAR models imply that upward EPU innovations foreshadow deteriorations in Japan’s macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our study adds to evidence that credible policy plans and strong policy frameworks can favorably influence macroeconomic performance by, in part, reducing policy uncertainty.
Author :Michal Kolmas Publisher :Peter Lang Incorporated, International Academic Publishers ISBN 13 :9781433172021 Total Pages :210 pages Book Rating :4.1/5 (72 download)
Book Synopsis Identity, Culture and Memory in Japanese Foreign Policy by : Michal Kolmas
Download or read book Identity, Culture and Memory in Japanese Foreign Policy written by Michal Kolmas and published by Peter Lang Incorporated, International Academic Publishers. This book was released on 2021 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book discusses the changing nature of Japanese foreign policy through the concepts of identity, culture and memory. A set of chapters written by established Japanese and foreign experts show the nuances of Japanese self-images and their role in defining their understanding of the world.
Book Synopsis Japan's China Policy by : Linus Hagström
Download or read book Japan's China Policy written by Linus Hagström and published by Routledge. This book was released on 2005-03-09 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan's China Policy understands Japan's foreign policy in terms of power - one of the most central concepts of political analysis. It contributes a fresh understanding to the subject by developing relational power as an analytical framework and by applying it to significant issues in Japan's China policy: the negotiations for a bilateral investment protection treaty and the disputed Pinnacle (Senkaku/Diaoyu) Islands. Hagström demonstrates that Japan exerted power over China in such divergent empirical settings for the most part by using civilian instruments positively, defensively and through non-action. Given that Japan's foreign policy is often portrayed rather enigmatically in terms of power, the unique contribution of Japan's China Policy is to demonstrate how to analyze power aspects of Japan's foreign policy in a more coherent fashion. This revealing approach to Japan's foreign policy will be of huge interest to anyone studying Japanese politics, foreign policy or international relations.
Book Synopsis Growth Theories in Light of the East Asian Experience by : Takatoshi Ito
Download or read book Growth Theories in Light of the East Asian Experience written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2007-12-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this volume analyze the growth experiences of Japan, Korea, China, Hong Kong, Singapore, and Taiwan in light of the recently developed endogenous growth theory to provide an understanding of the economic boom in East Asia. The theory explored in this volume attributes the phenomenal economic success of these countries to, among other factors, the role of an outward orientation—a focus on exporting rather than on protecting home markets. In addition, the importance of exchange rate behavior, of the supportive role of government policy, and of the accumulation and promotion of physical and human capital are explored in detail. This collection also examines the extent to which growth in each country became self-sustaining once it began. Demonstrating the relevance of endogenous growth theory for studying this important region, this fourth volume in the NBER-East Asia Seminar on Economics series will be of interest to observers of East Asian affairs.
Book Synopsis The History of Japanese Economic Development by : Kenichi Ohno
Download or read book The History of Japanese Economic Development written by Kenichi Ohno and published by Routledge. This book was released on 2017-09-07 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an easy-to-read book that explains how and why Japan industrialized rapidly. It traces historical development from the feudal Edo period to high income and technology in the current period. Catch-up industrialization is analyzed from a broad perspective including social, economic and political aspects. Historical data, research and contesting arguments are amply supplied. Japan’s unique experience is contrasted with the practices of today’s developing countries. Negative aspects such as social ills, policy failures, military movements and war years are also covered. Nineteenth-century Japan already had a happy combination of strong entrepreneurship and relatively wise government, which was the result of Japan’s long evolutionary history. Measured contacts with high civilizations of China, India and the West allowed cumulative growth without being destroyed by them. Imported ideas and technology were absorbed with adjustments to fit the local context. The book grew out of a graduate course for government officials from developing countries. It offers a comprehensive look and new insights at Japan’s industrial path that are often missing in standard historical chronicles. Written in an accessible and lively form, the book engages scholars as well as novices with no prior knowledge of Japan.
Book Synopsis The Political Economy of the Abe Government and Abenomics Reforms by : Takeo Hoshi
Download or read book The Political Economy of the Abe Government and Abenomics Reforms written by Takeo Hoshi and published by Cambridge University Press. This book was released on 2021-02-25 with total page 573 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the politics and economics of the Abe government and evaluates major policies, such as Abenomics policy reforms.
Book Synopsis Maximizing U.S. Interests in Science and Technology Relations with Japan by : National Research Council
Download or read book Maximizing U.S. Interests in Science and Technology Relations with Japan written by National Research Council and published by National Academies Press. This book was released on 1997-08-23 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Japan’s Arduous Rejuvenation as a Global Power by : Victor Teo
Download or read book Japan’s Arduous Rejuvenation as a Global Power written by Victor Teo and published by Springer. This book was released on 2019-04-08 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book assesses the profound impact of Japan’s aspirations to become a great power on Japanese security, democracy and foreign relations. Rather than viewing the process of normalization and rejuvenation as two decades of remilitarization in face of rapidly changing strategic environment and domestic political circumstances, this volume contextualizes Japan’s contemporary international relations against the longer grain of Japanese historical interactions. It demonstrates that policies and statecraft in the Prime Minister Shinzo Abe’s era are a continuation of a long, unbroken and arduous effort by successive generations of leaders to preserve Japanese autonomy, enhance security and advance Japanese national interests. Arguing against the notion that Japan cannot work with China as long as the US-Japan alliance is in place, the book suggests that Tokyo could forge constructive relations with Beijing by engaging China in joint projects in and outside of the Asia-Pacific in issue areas such as infrastructure development or in the provision of international public goods. It also submits that an improvement in Japan-China relations would enhance rather than detract Japan-US relations and that Tokyo will find that her new found autonomy in the US-Japan alliance would not only accord her more political respect and strategic latitude, but also allow her to ameliorate the excesses of American foreign policy adventurism, paving for her to become a truly normal great power.
Book Synopsis The Power Law by : Sebastian Mallaby
Download or read book The Power Law written by Sebastian Mallaby and published by Penguin. This book was released on 2022-02-01 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A gripping fly-on-the-wall story of the rise of this unique and important industry based on extensive interviews with some of the most successful venture capitalists.” - Daniel Rasmussen, Wall Street Journal “A must-read for anyone seeking to understand modern-day Silicon Valley and even our economy writ large.” -Bethany McLean, The Washington Post "A rare and unsettling look inside a subculture of unparalleled influence.” —Jane Mayer "A classic...A book of exceptional reporting, analysis and storytelling.” —Charles Duhigg From the New York Times bestselling author of More Money Than God comes the astonishingly frank and intimate story of Silicon Valley’s dominant venture-capital firms—and how their strategies and fates have shaped the path of innovation and the global economy Innovations rarely come from “experts.” Elon Musk was not an “electric car person” before he started Tesla. When it comes to improbable innovations, a legendary tech VC told Sebastian Mallaby, the future cannot be predicted, it can only be discovered. It is the nature of the venture-capital game that most attempts at discovery fail, but a very few succeed at such a scale that they more than make up for everything else. That extreme ratio of success and failure is the power law that drives the VC business, all of Silicon Valley, the wider tech sector, and, by extension, the world. In The Power Law, Sebastian Mallaby has parlayed unprecedented access to the most celebrated venture capitalists of all time—the key figures at Sequoia, Kleiner Perkins, Accel, Benchmark, and Andreessen Horowitz, as well as Chinese partnerships such as Qiming and Capital Today—into a riveting blend of storytelling and analysis that unfurls the history of tech incubation, in the Valley and ultimately worldwide. We learn the unvarnished truth, often for the first time, about some of the most iconic triumphs and infamous disasters in Valley history, from the comedy of errors at the birth of Apple to the avalanche of venture money that fostered hubris at WeWork and Uber. VCs’ relentless search for grand slams brews an obsession with the ideal of the lone entrepreneur-genius, and companies seen as potential “unicorns” are given intoxicating amounts of power, with sometimes disastrous results. On a more systemic level, the need to make outsized bets on unproven talent reinforces bias, with women and minorities still represented at woefully low levels. This does not just have social justice implications: as Mallaby relates, China’s homegrown VC sector, having learned at the Valley’s feet, is exploding and now has more women VC luminaries than America has ever had. Still, Silicon Valley VC remains the top incubator of business innovation anywhere—it is not where ideas come from so much as where they go to become the products and companies that create the future. By taking us so deeply into the VCs’ game, The Power Law helps us think about our own future through their eyes.
Book Synopsis Economic Development and International Trade by : Ippei Yamazawa
Download or read book Economic Development and International Trade written by Ippei Yamazawa and published by Resource Systems Institute East West Center. This book was released on 1990 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a direct and easy-to-use style, the Savvy Savings Guide series offers financial advice for both your personal and professional life. With each new book, readers learn how to earn more, spend less, and save for important events such as retirement and your child's college education. From paying less on your taxes to starting a small business the Savvy Savings Guide series seeks to help you save money and succeed.
