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Once hailed for implementing an industrial policy so effective that it transformed Japan into a model 'developmental state,' from the 1980s Japan steadily liberalized its economy and Japanese firms increasingly shifted production abroad via outward foreign direct investment. Yet industrial policy did not just fade away. With the emergence of new competitors in South Korea and Taiwan, and especially the rise of China as a security threat, the Japanese government strove to enhance the viability and competitiveness of Japanese firms as a means to strengthen economic security and reduce reliance on imported energy. Using newly compiled data on Japan's policy apparatus, political environment, and policy challenges, this Element examines how Japan, once an exemplar of 'catch up' industrialization, has struggled to 'keep up' with new challenges to national economic security, and more briefly considers how its policy evolution compares to those of its East Asian neighbors.
Yeung examines 'overseas' Chinese capitalism in East and Southeast Asia in a time of accelerated globalization and the evolution of Chinese capitalism through the participation of political and business elites in the global economy.
This volume, stemming from the Asan Institute for Policy Studies, observes that for Japan to 'rise again' would mean recovery not only from the triple disaster—the March, 2011 earthquake, tsunami, and nuclear meltdown—but from 20-plus years of economic stagnation, political fumbling, and deterioration in Japan's regional and global influence.
Pt. 1. Towards a different approach -- pt. 2. US economic behaviour in Asia after the financial crisis -- pt. 3. Explaining divergent US economic interests.
The Routledge Handbook of Japanese Politics is an advanced level reference guide which surveys the current state of Japanese politics, featuring both traditional topics and cutting edge research. The volume is divided into five sections covering: domestic politics civil society social policy political economy and international relations/security The first four sections begin with an overview chapter that provides historical background information on the section’s overarching topic. The chapters that follow explore more specific topics in the sub-area. In the final section, historical background information is contained in the individual chapters which cover the diverse areas of international political economy, security and foreign policy. Offering a complete overview of the full spectrum of Japanese politics, the Handbook is an invaluable resource for academics, researchers, policy analysts, graduate and undergraduate students studying this ever-evolving field.
As one Asian economic crisis follows another, sending shock waves through the global market, questions about the making and conduct of industrial policy in the East take on a special urgency. Observers are sharply divided as to whether the ubiquitous attempts at cooperation among competing firms in Asia have been a key to competitiveness or a corrosive form of collusion. This timely book offers a close look at the impact of industrial policies on collective action in East Asia—in Japan and Taiwan and, more briefly, in South Korea. Systematically comparative and based on interviews and original research in the local languages, it focuses on forms of collective action such as cartels, standa...
Traces The Development Experience Of Indonesia, Malaysia And Thailand In The Pre-And Post Asian Crisis Period. Highlights The Lessons That Developing Countries Can Draw From The Same. Has 8 Chapters The Last Bring Conclusions And Suggestions. 2 Annexures.
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