Description
Book SynopsisFocuses on the role of policy networks in Japanese finance, showing how Japan's Finance Ministry was embedded within the political and financial worlds, and how the nature of Japan's institutional arrangements affected the capacity of the government to manage change.
Trade ReviewWinner of the Masayoshi Ohira Memorial Award, Masayoshi Ohira Memorial Foundation "This is a fine book, one of the best I have read on Japan's political economy in years... Amyx combines well an insightful overall analytical framework with a range and depth of rich supporting detail. This book is essential for anyone interested in Japan's financial system, political economy, or the comparative development of financial systems and their regulatory arrangements, in which Japan is such an important case."--Hugh Patrick, Journal of East Asian Studies "This is an important contribution to our understanding of regulatory reform, and essential reading for students of Japan's financial markets."--Henry Laurence, Political Science Quarterly "Japan's Financial Crisis is a must-read for any reader interested in Japanese political economy or political economy. It will stand out as a classic interpretation of the peculiar Japanese trajectory."--Yves Tiberghien, Perspectives on Politics
Table of Contents*FrontMatter, pg. i*Contents, pg. vii*Figures, pg. ix*Tables, pg. xi*Abbreviations, pg. xiii*A Note on Conventions, pg. xv*Acknowledgments, pg. xvii*Introduction, pg. 1*Chapter One. Networks and State Performance, pg. 11*Chapter Two. Finance Ministry Ties with the Political Arena, pg. 41*Chapter Three. Finance Ministry Ties with Private and Quasi-governmental Financial Institutions, pg. 61*Chapter Four. Finance Ministry Ties with Other Government Agencies and the Central Bank, pg. 85*Chapter Five. Institutional "Fit" for Rapid Growth, pg. 107*Chapter Six. Slowed Growth, Institutional Rigidity, and Reforms Postponed, pg. 128*Chapter Seven. Network-managed Forbearance after the "Bubble" Bursts, pg. 147*Chapter Eight. Policy Paralysis amid Deepening Crisis, pg. 163*Chapter Nine. A New Regulatory and Policymaking Paradigm, pg. 197*Chapter Ten. Why Can't Japan Get Back on Track?, pg. 228*Chapter Eleven. Conclusion, pg. 256*Appendices, pg. 263*Notes, pg. 293*Bibliography, pg. 341*Index, pg. 361