By Lonny E. Carlile, Mark C. Tilton
Deregulation has been on the best of Japan's monetary coverage schedule for a few years. Now, in the middle of a monetary hindrance that engulfs all of Asia, pressures at the jap executive for enormous reform - coming from either inside and out forces - are better than ever. yet is Japan really making the alterations essential to decrease industry controls, inspire pageant, and create new possibilities for imports? To such a lot open air observers, regulatory reform in Japan is an incomprehensible blur of grandiose proposals and byzantine political maneuvering, which mask advancements that may be of large importance to the realm at huge. during this ebook, specialists from the USA and Japan minimize during the fog that surrounds eastern regulatory reform. They evaluate the features of jap legislation and examine the content material of regulatory reforms proposed thus far in addition to the political dynamics that formed them. The publication additionally examines the nuts-and-bolts problems with reforms in significant financial sectors and the consequences of deregulation for entry to jap markets for international imports. by means of concentrating on either the bigger political, fiscal, and strategic contexts and at the means during which the micro and macro features of regulatory reform are interconnected, this quantity makes understandable the tidal wave of proposals and posturing popping out of Japan. as well as the editors, the individuals are Miyajima Hideaki, Elizabeth Norville, Kosuke Oyama, and Yul Sohn. Lonny E. Carlile is an assistant professor of jap reports within the middle for eastern Studies/Department of Asian reports on the collage of Hawaii at Manoa. Mark C. Tilton is an affiliate professor within the division of Political technology at Purdue collage.
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Extra info for Is Japan Really Changing Its Ways?: Regulatory Reform and the Japanese Economy
Sample text
Effectively capturing and comprehending the process of regulatory reform in Japan thus requires that the analyst pay careful attention to the characteristics of the institutional setting and its impact, along with the associated constellations of interests and the political dynamics among them. The Book The remainder of the book is organized as follows. Chapters 2 through 4 discuss the general historical and institutional context that gave rise to Japan's current regulatory reform drive while they relate this historical context to current issues associated with Japanese regulatory reform.
20 Taken together, these divergences of the Japanese regulatory reform context from the Anglo-American model suggest that not only will Japanese regulatory reform be shaped by a distinctive political dynamic, but more fundamentally the issues that animate regulatory reform will often be quite different from those that are characteristic of the Anglo-American, and even continental European, context. Effectively capturing and comprehending the process of regulatory reform in Japan thus requires that the analyst pay careful attention to the characteristics of the institutional setting and its impact, along with the associated constellations of interests and the political dynamics among them.
Effectively capturing and comprehending the process of regulatory reform in Japan thus requires that the analyst pay careful attention to the characteristics of the institutional setting and its impact, along with the associated constellations of interests and the political dynamics among them. The Book The remainder of the book is organized as follows. Chapters 2 through 4 discuss the general historical and institutional context that gave rise to Japan's current regulatory reform drive while they relate this historical context to current issues associated with Japanese regulatory reform.