The political economy of the Japanese financial big bang : institutional change in finance and public policymaking / Tetsuro Toya ; Jennifer Amyx, consulting editor.

Format:

Book

Author/Creator:

Toya, Tetsurō, 1972-2001.

Contributor:

Amyx, Jennifer Ann.

Language:

English

Subjects (All):

Finance--Japan.

Finance.

Financial institutions--Deregulation--Japan.

Financial institutions.

Japan--Economic policy--1989-.

Japan.

Physical Description:

1 online resource (349 p.)

Place of Publication:

Oxford ; New York : Oxford University Press, 2006.

Language Note:

English

Summary:

Toya Tetsuro emphasises change over continuity in Japanese policymaking. The text argues that Japan's Big Bang financial reforms emerged out of a policymaking process that deviated from past patterns.

Contents:

Foreword; Preface; Contents; List of Figures; List of Tables; List of Abbreviations; 1. Did Japanese Politics Change in the 1990s?; Change or Continuity?; Research Puzzles; Methodological Approach and Theoretical Framework; Argument in Brief; Structure of the Book; Part I. Analytical Framework; 2. A Rational Actor Approach; Three Contentious Issues in Japanese Politics; Works on Japanese Financial Politics and the Big Bang; The Study's Methodological Approach and Research Design; Possible Alternative Explanations

3. How do Systems Change?: Actors, Preferences, Strategies, and Institutions in Financial PoliticsIntroduction of conceptual tools for institutional analysis; A Theoretical Framework for Institutional Change; The Dynamics of Organizational Survival; State Actors (1)-Political Parties; State Actors (2)-Bureaucratic Agencies; Societal Actors (1)-Firms and Interest Groups; Societal Actors (2)-The Public; Institutions in Japanese Financial Politics (1)-Bureaupluralism in Public Policymaking; Institutions in Japanese Financial Politics (2)-The Financial "Convoy"; Scenarios of Financial Reform

4. Expected Economic Implications of the Big BangBackground to the Big Bang Plan; Basic Concepts of the Financial Big Bang Plan: Principles, Pace, and Sequence; Concrete Policies Included in the Financial Big Bang; Expected Economic Consequences of the Big Bang; "Winners" and "Losers" of the Big Bang; Conclusion; Part II. Analysis of Financial Politics; 5 A Political Analysis of the Emergence of the Big Bang Initiative; Balancing the Interests of Support Constituents and the General Public; Who Brought about the Big Bang?; Developments within MOF related to the "Big Bang"

Developments within the LDP related to the Big BangSummary: Who Brought about the Big Bang?; Organizational Level Evaluation; Integrating the Suborganizational and Organizational Levels of Analysis; Assessment against Competing Explanations; Conclusion; 6. The Financial Industry and the Big Bang; Two political paths to economic reform; Developments following the Prime Minister's Initiative; Summarizing the Narrative; Three Previous Cases of Financial Reform; Comparing the Financial Big Bang to Past Financial Reforms; Why was the Financial Industry Unable to Stop the Big Bang?

Conclusion: The Big Bang as a Victory by the "Political Winners"7. New Developments in Bureaupluralism: Comparing and Contrasting the Big Bang to the 1998 "Financial Diet"; New Developments in Bureaupluralism emerging out of the Financial Big Bang; Comparing and Contrasting the Big Bang with the Fall 1998 "Financial Diet"; New Patterns in Financial Policymaking; Public Support as a Determinant in Financial Politics; Comparison with Alternative Explanations; Conclusion; Part III. The Meaning of Change; 8. Two Institutional Changes

Review: Conceptualizing Institutions and Characteristics of Two Key institutions in Japanese Finance

Notes:

Based on the author's thesis (doctoral)--Stanford University, 2000.

Includes bibliographical references and index.

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

1-281-15493-8

9786611154936

1-4356-2365-7

0-19-153772-1

OCLC:

191214228