Japan Since 1980 PDF (Adobe DRM) download by Thomas F. Cargill

Japan Since 1980

Cambridge University Press
Publication date: September 2008
ISBN: 9780511426766
Digital Book format: PDF (Adobe DRM)

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An analysis of the performance of Japanâ¿¿s economic and political institutions from late 1970s to 2007. The authors explain how Japanâ¿¿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 â¿¿accident waiting to happenâ¿¿ â¿¿ the collapse in equity and real estate prices in 1990â¿¿91. Japanâ¿¿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 Koizumiâ¿¿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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