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Japan's regional geoeconomic strategy -- Foreign economic policy, domestic institutions and regional governance -- Geoeconomics of the Asia-Pacific -- Transformation in the Japanese political economy -- Trade and investment : a gradual path -- Money and finance : an uneven path -- Development and foreign aid : a hybrid path.
Since the mid-1990s, Japan’s regional economic strategy has transformed. Once characterized by bilateralism, informality, and neomercantilism, Japanese policy has shifted to a new liberal strategy emphasizing regional institution building and rule setting. As two major global powers, China and the United States, wrestle over economic advantages, Japan currently occupies a pivotal position capable of tipping the geoeconomic balance in the region. Japan’s New Regional Reality offers a comprehensive analysis of Japan’s geoeconomic strategy that reveals the country’s role in shaping regional economic order in the Asia-Pacific. Saori N. Katada explains Japanese foreign economic policy in light of both international and domestic dynamics. She points out the hurdles to implementing a state-led liberal strategy, detailing how domestic political and institutional changes have been much slower and stickier than the changing regional economics. Katada highlights state-market relations and shows how big businesses have responded to the country’s interventionist policies. The book covers a wide range of economic issues including trade, investment, finance, currency, and foreign aid. Japan’s New Regional Reality is a meticulously researched study of the dynamics that have contributed to economic and political realities in the Asia-Pacific today, with significant implications for future regional trends.
Politics in Japan is undergoing a major transformation. Under the leadership of Prime Minister Abe Shinzo, the ruling Liberal Democratic Party has, since 2012, embarked upon an ambitious programme of policy reforms as well as changes to Japan’s governing structures and processes. At the heart of this policy agenda is ‘Abenomics’ – a set of measures designed to boost Japan’s flagging economy, but one which is yet to deliver on its promises. In this fully revised and updated second edition of his classic text, Ian Neary explores the dynamics of democracy in Japan, introducing the key institutions, developments and actors in its politics from the end of the Second World War to the present day. Packed with illustrative material and examples, this comprehensive study traces the continuities and the changes that are underway in five major policy areas: foreign and defence, industry, social welfare, the environment and human rights. Assuming no prior knowledge of Japan, this textbook will be an invaluable and welcome resource for all students interested in the government and politics of contemporary Japan and its international profile.
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.
This cutting edge collection examines Japan’s population issue, exploring how declining demographic trends are affecting Japan’s social structure, specifically in the context of Greater Tokyo, life infrastructure, public finance and the economy. Considering the failures of past Japanese policies from the perspective of population, national land, and politics, it argues that the inability of past administrations to develop a long-term and comprehensive policy has exacerbated the population crisis. This text identifies key negative chain reactions that have stemmed from this policy failure, notably the effect of population decline on future economic growth and public finances and the impact of shrinking municipalities on social and community infrastructure to support quality of life. It also highlights how population decline can precipitate inter-generational conflict, and impact on the strength of the state and more widely on Japan’s international status. Japan is on the forefront of the population problem, which is expected to affect many of the world’s advanced industrial economies in the 21st century. Based on the study of policy failures, this book makes recommendations for effective population policy – covering both ‘mitigation’ measures to encourage a recovery in the depopulation process as well as ‘adaptation’ measures to maintain and improve living standards – and provides key insights into dealing with the debilitating effects of population decline.
China, Japan and Regional Leadership in East Asia is a compilation which provides a necessary and welcome update to the Asian regionalism debates of the last decade, bringing together notable experts in Asian area studies and comparative foreign policy to provide many new insights. . . essential reading both for practitioners of Asian studies and those concerned with the role of comparative regionalism in modern international relations. Marc Lanteigne, East Asia An International Quarterly . . . this book is strongly recommended reading for everyone interested in Japan China relations, leadership, and East Asia. It proves that looking at complex issues from a variety of angles does bring a much deeper understanding. I thoroughly enjoyed it! Marie Söderberg, Journal of Japanese Studies This book addresses one of the most intriguing but also under-researched issues of the future of the Asian strategic landscape: who will lead the region and replace US leadership, Japan and China, and what kind of leadership do we have to expect? The authors come to the conclusion that it is a matrix or combination of leadership options rather than a single leadership type, depending on issue domains, governance structure and geospatial scales. . . The conclusions by Christopher Dent admirably draw the theoretical and empirical issues together. Reinhard Drifte, Pacific Affairs This book considers themes, evidence and ideas relating to the prospects for regional leadership in East Asia, with particular reference to China and Japan assuming regional leader actor roles. Key issues discussed by the list of distinguished contributors include: the extent to which there is an East Asian region to lead China Japan relations different aspects of Japan and China s positions in the East Asia region how the seemingly inexorable rise of China is being addressed within the region how China and Japan have explored paths of regional leadership through certain regional and multilateral organisations and frameworks the position of certain intermediary powers (i.e. the United States and Korea) with regards to regional leadership diplomacy in East Asia. Invaluably, the concluding chapter brings together the main findings of the book and presents new analytical approaches for studying the nature of, and prospects for leadership in East Asia. China, Japan and Regional Leadership in East Asia will be essential reading for upper level undergraduate and postgraduate students and researchers of international relations, regional studies, international political economy and economics as well as Asian and development studies.
The U.S.-Japan Alliance: Past, Present, and Future explains the inner workings of the U.S.-Japan alliance and recommends new approaches to sustaining this critical bilateral security relationship.
"Book Abstract and Keywords: The study of Japanese politics has flourished over the past several decades. This Handbook provides a state-of-the-field overview for students and researchers of Japanese. The volume also serves to introduce Japanese politics to readers less familiar with Japan. In addition, the volume has a theme of "evaluating Japan's democracy." Taken as a whole, the volume provides a positive evaluation of the state of Japan's democracy. The volume is divided into two parts, roughly corresponding to domestic Japanese politics and Japan's international politics. Within the domestic politics part, there are four distinct sections: "Domestic Political Actors and Institutions," covering the Japanese Constitution, electoral systems, prime minister, Diet, bureaucracy, judiciary, and local government; "Political Parties and Coalitions," covering the Liberal Democratic Party, coalition government, Kōmeitō, and the political opposition; "Policymaking and the Public," covering the policymaking process, public opinion, civil society, and populism; and, "Political Economy and Social Policy," covering industrial, energy, social welfare, agricultural, monetary, and immigration policies, as well as social inequality. In the international relations part, there are four sections: "International Relations Frameworks," covering grand strategy, international organizations, and international status; "International Political Economy," covering trade, finance, foreign direct investment, the environment, economic regionalism, and the linkage between security and economics; "International Security," covering remilitarization, global and regional security multilateralism, nuclear nonproliferation, naval power, space security, and cybersecurity; and, "Foreign Relations" covering Japan's relations with the United States, China, South Korea, ASEAN, India, the European Union, and Russia. Keywords: international relations, comparative politics, democracy, international order, alliances, space security, elections, Liberal Democratic Party, multilateralism, remilitarization, international organizations, populism, civil society, coalitions, political parties, trade, finance monetary policy, foreign direct investment, cybersecurity"--
In the decades since her defeat in the Second World War, Japan has continued to loom large in the national imagination of many of her East Asian neighbours. While for many, Japan still conjures up images of rampant military brutality, at different times and in different communities, alternative images of the Japanese ‘Other’ have vied for predominance – in ways that remain poorly understood, not least within Japan itself. Imagining Japan in Postwar East Asia analyses the portrayal of Japan in the societies of East and Southeast Asia, and asks how and why this has changed in recent decades, and what these changing images of Japan reveal about the ways in which these societies construct their own identities. It examines the role played by an imagined ‘Japan’ in the construction of national selves across the East Asian region, as mediated through a broad range of media ranging from school curricula and textbooks to film, television, literature and comics. Commencing with an extensive thematic and comparative overview chapter, the volume also includes contributions focusing specifically on Chinese societies (the mainland PRC, Hong Kong and Taiwan), Korea, the Philippines, Malaysia and Singapore. These studies show how changes in the representation of Japan have been related to political, social and cultural shifts within the societies of East Asia – and in particular to the ways in which these societies have imagined or constructed their own identities. Bringing together contributors working in the fields of education, anthropology, history, sociology, political science and media studies, this interdisciplinary volume will be of interest to all students and scholars concerned with issues of identity, politics and culture in the societies of East Asia, and to those seeking a deeper understanding of Japan’s fraught relations with its regional neighbours.
Regionalism has played an increasingly important role in the changing international relations of East Asia in recent decades, with early signs of integration and growing regional cooperation. This in-depth volume analyzes various historical approaches to the construction of a regional order and a regional identity in East Asia. It explores the ideology of Pan-Asianism as a predecessor of contemporary Asian regionalism, which served as the basis for efforts at regional integration in East Asia, but also as a tool for legitimizing Japanese colonial rule. This mobilization of the Asian peoples occurred through a collective regional identity established from cohesive cultural factors such as language, religion, geography and race. In discussing Asian identity, the book succeeds in bringing historical perspective to bear on approaches to regional cooperation and integration, as well as analyzing various utilizations and manifestations of the pan-Asian ideology. Pan-Asianism in Modern Japanese History provides an illuminating and extensive account of the historical backgrounds of current debates surrounding Asian identity and essential information and analyses for anyone with an interest in history as well as Asian and Japanese studies.