The Liberal Democratic Party, which dominated postwar Japan, lost power in the early 1990s. During that same period, Japan's once stellar economy suffered stagnation and collapse. Now a well-known commentator on contemporary Japan traces the political dynamics of the country to determine the reasons for these changes and the extent to which its political and economic systems have been permanently altered.T. J. Pempel contrasts the political economy of Japan during two decades: the 1960s, when the nation experienced conservative political dominance and high growth, and the early 1990s, when...
The Liberal Democratic Party, which dominated postwar Japan, lost power in the early 1990s. During that same period, Japan's once stellar economy suff...
In the summer of 1997, a tidal wave of economic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, and exports stalled. In short, the vaunted "Asian Economic Miracle" became the "Asian Economic Crisis" with serious repercussions for nations and markets around the world. While the headlines are still fresh, a group of experts on the region presents the first account to focus on the political causes and implications of the crisis. The events of 1997 98 involved not just property values, financial flows, portfolio makeup, and debt ratios, they...
In the summer of 1997, a tidal wave of economic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, an...
An overarching ambiguity characterizes East Asia today. The region has at least a century-long history of internal divisiveness, war, and conflict, and it remains the site of several nettlesome territorial disputes. However, a mixture of complex and...
An overarching ambiguity characterizes East Asia today. The region has at least a century-long history of internal divisiveness, war, and conflict, an...
This is the first comprehensive analysis of the ways in which changes in the geopolitical context have altered the nature of the long-stable U.S.-Japan relationship: much of what had once been a bilateral and relatively exclusive relationship has been transformed in the past two decades. The authors present eleven case studies of important domains--ranging from increased flows of private capital to international security concerns to the growing importance of multilateral organizations--in which the relationship has been altered to a greater or lesser degree. Individual chapters present new...
This is the first comprehensive analysis of the ways in which changes in the geopolitical context have altered the nature of the long-stable U.S.-Japa...
This is the first comprehensive analysis of the ways in which changes in the geopolitical context have altered the nature of the long-stable U.S.-Japan relationship: much of what had once been a bilateral and relatively exclusive relationship has been transformed in the past two decades. The authors present eleven case studies of important domains--ranging from increased flows of private capital to international security concerns to the growing importance of multilateral organizations--in which the relationship has been altered to a greater or lesser degree. Individual chapters present new...
This is the first comprehensive analysis of the ways in which changes in the geopolitical context have altered the nature of the long-stable U.S.-Japa...
The Liberal Democratic Party, which dominated postwar Japan, lost power in the early 1990s. During that same period, Japan's once stellar economy suffered stagnation and collapse. Now a well-known commentator on contemporary Japan traces the political dynamics of the country to determine the reasons for these changes and the extent to which its political and economic systems have been permanently altered.T. J. Pempel contrasts the political economy of Japan during two decades: the 1960s, when the nation experienced conservative political dominance and high growth, and the early 1990s, when...
The Liberal Democratic Party, which dominated postwar Japan, lost power in the early 1990s. During that same period, Japan's once stellar economy suff...
This volume is the result of a conference held by the Asan Institute for Policy Studies in November, 2011. Organized in the aftermath of the crisis presented by the triple disaster that struck the Tohoku region of Japan on March 11 of the previous year: an
This volume is the result of a conference held by the Asan Institute for Policy Studies in November, 2011. Organized in the aftermath of the crisis pr...
Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008 9 and the Asian financial crisis of 1997 98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the...
Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financia...
Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008 9 and the Asian financial crisis of 1997 98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the...
Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financia...