Tetsuro Toya, Jennifer A. Amyx - The Political Economy of the Japanese Financial Big Bang: Institutional Change in Finance and Public Policymaking
Published: 2006-06-01 | ISBN: 0199292396 | PDF | 352 pages | 1.58 MB
This book emphasizes change over continuity in Japanese policymaking. It argues that Japan's Big Bang financial reforms emerged out of a policymaking process that deviated radically from past patterns. Performance failures, scandals and fluidity in party politics led the Ministry of Finance to promote reforms that otherwise would have been opposed.