Crisis Narratives, Institutional Change, and the Transformation of the Japanese State


Book Description

Mired in national crises since the early 1990s, Japan has had to respond to a rapid population decline; the Asian and global financial crises; the 2011 triple disaster of earthquake, tsunami, and the Fukushima nuclear meltdown; the COVID-19 pandemic; China’s economic rise; threats from North Korea; and massive public debt. In Crisis Narratives, Institutional Change, and the Transformation of the Japanese State, established specialists in a variety of areas use a coherent set of methodologies, aligning their sociological, public policy, and political science and international relations perspectives, to account for discrepancies between official rhetoric and policy practice and actual perceptions of decline and crisis in contemporary Japan. Each chapter focuses on a distinct policy field to gauge the effectiveness and the implications of political responses through an analysis of how crises are narrated and used to justify policy interventions. Transcending boundaries between issue areas and domestic and international politics, these essays paint a dynamic picture of the contested but changing nature of social, economic, and, ultimately political institutions as they constitute the transforming Japanese state.




The World Economic Crisis and Japanese Capitalism


Book Description

The current world economic crisis and its impact on Japanese capitalism contains many paradoxes. After the historical conditions of continuous growth under US economic hegemony broke down, generating a global economic crisis from the beginning of the 1970s, the restructuring of capitalism through the 'information revolution' seems paradoxically to be causing a historical reverse in social conditions of over a century. Although the Japanese economy is often regarded as an exceptionally successful economy it is not immune from the crisis. The process of restrengthening Japanese competitive power has weakened the social position of Japanese workers. This book offers a stimulating analysis of the dynamics of the world and Japanese economy. The author's previous book The Basic Theory of Capitalism gives a solid theoretical basis for the treatment of the current crisis in this present study.




The Japanese Banking Crisis


Book Description

This open access book provides a readable narrative of the bubbles and the banking crisis Japan experienced during the two decades between the late 1980s and the early 2000s. Japan, which was a leading competitor in the world’s manufacturing sector, tried to transform itself into an economy with domestic demand-led mature growth, but the ensuing bubbles and crisis instead made the country suffer from chronicle deflation and stagnation. The book analyses why the Japanese authorities could not avoid making choices that led to this outcome. The chapters are based on the lectures to regulators from emerging economies delivered at the Global Financial Partnership Center of the Financial Services Agency of Japan.




The Manchurian Crisis and Japanese Society, 1931-33


Book Description

This book explores the reactions to the Manchurian crisis of different sections of the state, and of a number of different groups in Japanese society, particularly rural groups, women's organizations and business associations. It thus seeks to avoid a generalized account of public relations to the military and diplomatic events of the early 1930s, offering instead a nuanced account of the shifts in public and popular opinion in this crucial period.




The Political Economy of Japan's Low Fertility


Book Description

This book takes an interdisciplinary approach to one of Japan's thorniest public policy issues: why are women increasingly forgoing motherhood? At the heart of the matter lies a paradox: although the overall trend among rich countries is for fertility to decrease as female labor participation increases, gender-friendly countries resist the trend. Conversely, gender-unfriendly countries have lower fertility rates than they would have if they changed their labor markets to encourage the hiring of women—and therein lies Japan's problem. The authors argue that the combination of an inhospitable labor market for women and insufficient support for childcare pushes women toward working harder to promote their careers, to the detriment of childbearing. Controversial and enlightening, this book provides policy recommendations for solving not just Japan's fertility issue but those of other modern democracies facing a similar crisis.




Japan: The Childless Society?


Book Description

Disillusioned by long hours at home alone and by demands from the older generation, Japanese women are marrying later, resulting in a sharp decline in the Japanese birth rate. Muriel Jolivet considers the reasons why Japanese women are finding it increasingly difficult to accept the terms and conditions of motherhood. Japan: The Childless Society explores the major factors contributing to maternal malaise in Japan including: * the 'Ten Commandments of the Good Mother' * the changing role of the father * education and careers * nostalgia from older generations Drawing on extensive interviews with Japanese women and translated into English for the first time, this innovative study examines the implications behind the declining birth rate and looks towards the future of a country that is in danger of becoming a 'childless society'.




The Crisis of Liberal Internationalism


Book Description

A 2020 CHOICE Outstanding Academic Title Japan's challenges and opportunities in a new era of uncertainty Henry Kissinger wrote a few years ago that Japan has been for seven decades “an important anchor of Asian stability and global peace and prosperity.” However, Japan has only played this anchoring role within an American-led liberal international order built from the ashes of World War II. Now that order itself is under siege, not just from illiberal forces such as China and Russia but from its very core, the United States under Donald Trump. The already evident damage to that order, and even its possible collapse, pose particular challenges for Japan, as explored in this book. Noted experts survey the difficult position that Japan finds itself in, both abroad and at home. The weakening of the rules-based order threatens the very basis of Japan's trade-based prosperity, with the unreliability of U.S. protection leaving Japan vulnerable to an economic and technological superpower in China and at heightened risk from a nuclear North Korea. Japan's response to such challenges are complicated by controversies over constitutional revision and the dark aspects of its history that remain a source of tension with its neighbors. The absence of virulent strains of populism have helped to provide Japan with a stable platform from which to pursue its international agenda. Yet with a rapidly aging population, widening intergenerational inequality, and high levels of public debt, the sources of Japan's stability—its welfare state and immigration policies—are becoming increasingly difficult to sustain. Each of the book's chapters is written by a specialist in the field, and the book benefits from interviews with more than 40 Japanese policymakers and experts, as well as a public opinion survey. The book outlines today's challenges to the liberal international order, proposes a role for Japan to uphold, reform and shape the order, and examines Japan's assets as well as constraints as it seeks to play the role of a proactive stabilizer in the Asia-Pacific.




Japanese Social Crisis


Book Description

Political scandals, governmental instability and the poison-gas attack in central Tokyo show that Japan is passing through a serious social crisis. It affects virtually every social unit: family, school, company, political parties, religions and the nation. And it worries every segment of the population, young and old, men and women, management and labour, the elite and the plebe. Among other things, workers are growing dissatisfied with company life, families are undermined by discord and divorce, even the ruling Liberal Democratic Party collapsed (as did many of its opponents). The Japanese are ever harder to lead and the politicians, bureaucrats and businessmen who once led them are increasingly ineffective. Thus, while many reforms are mooted, and some are initiated, very few are actually implemented. Under these conditions, the many negative trends cannot be halted - let alone reversed - and the crisis should worsen.




Tumultuous Times


Book Description

A rare insider’s account of the inner workings of the Japanese economy, and the Bank of Japan’s monetary policy, by a career central banker The Japanese economy, once the envy of the world for its dynamism and growth, lost its shine after a financial bubble burst in early 1990s and slumped further during the Global Financial Crisis in 2008. It suffered even more damage in 2011, when a severe earthquake set off the Fukushima Daiichi nuclear disaster. However, the Bank of Japan soldiered on to combat low inflation, low growth, and low interest rates, and in many ways it served as a laboratory for actions taken by central banks in other parts of the world. Masaaki Shirakawa, who led the bank as governor from 2008 to 2013, provides a rare insider’s account of the workings of Japanese economic and monetary policy during this period and how it challenged mainstream economic thinking.




Japan


Book Description

"A joint publication of the Social Science Research Council and New York University Press."