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Saori N. Katada - Japans New Regional Reality

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JAPANS NEW REGIONAL REALITY CONTEMPORARY ASIA IN THE WORLD David C Kang and - photo 1

JAPANS NEW REGIONAL REALITY

CONTEMPORARY ASIA IN THE WORLD

David C. Kang and Victor D. Cha, Editors

This series aims to address a gap in the public-policy and scholarly discussion of Asia. It seeks to promote books and studies that are on the cutting edge of their disciplines or promote multidisciplinary or interdisciplinary research but are also accessible to a wider readership. The editors seek to showcase the best scholarly and public-policy arguments on Asia from any field, including politics, history, economics, and cultural studies.

For a complete list of books in the series, see .

Japans New Regional Reality

GEOECONOMIC STRATEGY IN THE ASIA-PACIFIC

Saori N. Katada

Columbia University Press New York Columbia University Press Publishers - photo 2

Columbia University Press

New York

Columbia University Press

Publishers Since 1893

New York Chichester, West Sussex

cup.columbia.edu

Copyright 2020 Columbia University Press

All rights reserved

E-ISBN 978-0-231-54908-0

Library of Congress Cataloging-in-Publication Data

Names: Katada, Saori N., author.

Title: Japans new regional reality : geoeconomic strategy in the Asia-Pacific / Saori N. Katada.

Description: New York : Columbia University Press, [2020] | Includes bibliographical references and index.

Identifiers: LCCN 2019047405 (print) | LCCN 2019047406 (ebook) | ISBN 9780231190725 (cloth) | ISBN 9780231190732 (paperback)

Subjects: LCSH: Regional economicsJapan. | GeopoliticsJapan. | JapanForeign economic relationPacific Area. | Pacific AreaForeign economic relationsJapan. | JapanEconomic policy1989 | Pacific AreaEconomic conditions.

Classification: LCC HF1602.15.P3 K38 2020 (print) | LCC HF1602.15.P3 (ebook) | DDC 337.520182/3dc23

LC record available at https://lccn.loc.gov/2019047405

LC ebook record available at https://lccn.loc.gov/2019047406

A Columbia University Press E-book.

CUP would be pleased to hear about your reading experience with this e-book at .

Cover image: Planet Observer/UIG/Bridgeman Images

Cover design: Chang Jae Lee

Contents
Figures

GDP of Major Regions and Countries, 19902018

Share of World GDP: United States, China, and Japan, 19602018

Regional GDP and Changing Shares of Japan and China, 19892018

Japans Export Destinations, 19942018

Growth of Intraregional Trade in Asia, 19852018

Balance Between Private and Public Sectors, 19802018

Keidanren Political Contributions to the LDP and DPJ, 19912017

Outward FDI Flows from Japan by Region, 19852017

Share of Japanese Firms with Overseas Operations and Overseas-to-Total Production Ratio, 19872018

Increase in Bilateral and Regional FTAs, 19582018

Dollar-Yen Exchange Rate, 19802019

Reporting Banks Foreign Claims in Asia: Japan and Other Advanced Countries, 19842018

Samurai Bond Issuances, 19902018

Total ODA by All Donors to All Recipients, 19952017

Tied, Partially Untied, and Untied Aid, 19792017

Public Opinion Polls on Foreign Aid, 19892018

Tables

Stylized Summary of Japans Regional Economic Strategy in the Twenty-First Century

Chronology of Major Economic Events, 19902019

Japans EPA Partners: Status and Trade Shares as of 2018

FTA Utilization for Exports in 2014

Currency Denominations of Japans Foreign Trade by Region, 1980s and 1990s

Top Ten ODA Donors, 19852002

amakudari

descending from heaven; government officials obtaining jobs in the private sector or public corporations after retirement

futs no kuni

normal nation

gaiatsu

foreign pressure

gos sendan hshiki

convoy system

gysei shid

administrative guidance

habatsu

Liberal Democratic Party faction

kantei gaik

Prime Ministers Office diplomacy

Keidanren

Japan Business Federation

keiretsu

business conglomerate

keizai kyryoku

economic cooperation

kokka kmuin rinri h

National Ethics Law for Central Government Public Servants

kdka

hollowing out

naiatsu

internal pressure

sanmi ittai

development trinity approach

shingi-kai

advisory (or deliberation) councils

tatewari gysei

vertical administration or compartmentalization

tokushu-hjin

special public corporation

yen-daka

yen appreciation or strong yen

yonsh taisei

four-ministry system

zaimukan

vice minister of international affairs at the Ministry of Finance

zaisei tyushi

fiscal loan investment program

zoku

Liberal Democratic Party policy tribe

I have observed and analyzed Japan and its foreign policy from many vantage points as a scholar, teacher, and Japanese national living outside the country. Now is an exciting time, with Japan facing a new regional reality in the Asia-Pacific as China rises and the U.S. commitment continues to slip. The Japanese government must see a vast opening and step up its regional engagement so that it can keep the regional economic order intact. This is the new challenge that has given rise to Japans geoeconomic strategy.

When a book project takes as long as this one has taken, the debts the author incurs accumulate so much that there is no way either to repay all of them or to cover everyone in a few pages of acknowledgment. Nonetheless, I would first like to thank all the mentors who have guided me on this project and others over many years. I am especially grateful to Laurie Brand, Jerry Cohen, Ellen Frost, Masahiro Kawai, Tim McKeown, T. J. Pempel, Barbara Stallings, and Shu Urata.

It is probably impossible to list all the brilliant and dedicated scholars, researchers, government officials, journalists, and experts from international organizations, businesses, and NGOs who have given their valuable time to share their insights with me. In particular, I am grateful to Izumi Ohno, Junichi Sugawara, and Akihiko Tamura, who have always been my go-to people when I have questions on Japanese foreign economic policy.

During the writing stage, many of my academic colleagues were kind enough to read my manuscript at various points. In a manuscript review workshop hosted by the Center for International Studies in 2016, discussants Miles Kahler and William Grimes gave me valuable comments. I also thank all the workshop participants for their critiques. As I worked to revise the manuscript, several more people generously provided insightful suggestions; I thank in particular Mireya Sols and Gene Park. Not only are they generous scholars who spent hours reading the manuscript, they are also both my dear coauthors, who make my usually solitary scholars life much more enjoyable. In addition, I am grateful for the advice of Hyoung-kyu Chey, Jacques Hymans, and Harukata Takenaka, each of whom read some of the chapters. I also benefited greatly from the thorough and constructive suggestions from the two anonymous reviewers at Columbia University Press. I thank the presss editor, Caelyn Cobb, and the series editors, Dave Kang and Victor Cha.

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