Japan Since 1980
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Japan Since 1980 by Thomas F. Cargill
Book DescriptionAn 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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Book DetailsISBN: 9780521856720
(228mm x 152mm x 23mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 25-Aug-2008
Country of Publication: United Kingdom
Books By Author Thomas F. Cargill
Japan Since 1980, Paperback (August 2008)
This book provides a complete and self-contained discussion of Japan's economic and political institutions from 1980 up to 2007.
Postal Savings and Fiscal Investment in Japan, Hardback (March 2003)» View all books by Thomas F. Cargill
Providing an institutional, flow of funds, theoretical and statistical overview of the PSS and FILP, this text gauges the contribution these institutions have made to Japan's economic growth and the problems these institutions create as Japan attempts to modernize its financial and economic system.
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Author Biography - Thomas F. Cargill
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. 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.
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