Yoichi Funabashi - Examining Japans Lost Decades
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This book examines five features of Japans Lost Decades: the speed of the economic decline in Japan compared to Japans earlier global prowess; a rapidly declining population; considerable political instability and failed reform attempts; shifting balances of power in the region and changing relations with Asian neighbouring nations; and the lingering legacy of World War Two. Addressing the question of why the decades were lost, this book offers 15 new perspectives ranging from economics to ideology and beyond. Investigating problems such as the risk-averse behaviour of Japans bureaucracy and the absence of strong political leadership, the authors analyse how the delay of loss-cutting policies led to the 1997 financial crisis and a state of political gridlock where policymakers could not decide on firm strategies that would benefit national interests.
To discuss the rebuilding of Japan, the authors argue that it is first essential to critically examine Japans Lost Decades and this book offers a comprehensive overview of Japans recent 20 years of crisis. The book reveals that the Lost Decades is not an issue unique to the Japanese context but has global relevance, and its study can provide important insights into challenges being faced in other mature economies. With chapters written by some of the worlds leading Japan specialists and chapters focusing on a variety of disciplines, this book will be of interest to students and scholars in the areas of Japan studies, Politics, International Relations, Security Studies, Government Policy and History.
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First published 2015
by Routledge
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN
and by Routledge
711 Third Avenue, New York, NY 10017
Routledge is an imprint of the Taylor & Francis Group, an informa business
2015 Funabashi Yoichi
The right of Funabashi Yoichi to be identified as author of this work has been asserted by him in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988.
All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.
Trademark notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloging-in-Publication Data
A catalog record for this book has been requested
ISBN: 978-1-138-88575-2 (hbk)
ISBN: 978-1-315-71522-3 (ebk)
Typeset in Times New Roman
by Apex CoVantage, LLC
The world is still trying to understand what went on in Japans Lost Decades, a topic that has become all the more relevant as much of the west succumbs to Japan-style problems of deflation and low growth. This collection of essays by experts in their field will help the reader pick through this important subject. For readers seeking to understand Japan and for ones wondering whether Japanization is coming to a country near them, this should prove a fascinating read.
David Pilling,Financial Times
This book contains a superb and timely collection of essays on the troubles Japan has been having, economically and politically, since the 1990s. The period coincides with the ending of the Cold War and the acceleration of economic globalization. The studies show how a nation that seemed to fare so well during the Cold War has stagnated in a globalizing world. As the editors note, Japans example could be followed by other countries and deserves serious attention.
Akira Iriye,Harvard University, USA
1 A Japanese Company in Crisis
Ideology, strategy, and narrative
Fiona Graham
2 Japans Foreign Aid
Old continuities and new directions
Edited by David Arase
3 Japanese Apologies for World War II
A rhetorical study
Jane W. Yamazaki
4 Linguistic Stereotyping and Minority Groups in Japan
Nanette Gottlieb
5 Shinkansen
From bullet train to symbol of modern Japan
Christopher P. Hood
6 Small Firms and Innovation Policy in Japan
Edited by Cornelia Storz
7 Cities, Autonomy and Decentralization in Japan
Edited by Carola Hein and Philippe Pelletier
8 The Changing Japanese Family
Edited by Marcus Rebick and Ayumi Takenaka
9 Adoption in Japan
Comparing policies for children in need
Peter Hayes and Toshie Habu
10 The Ethics of Aesthetics in Japanese Cinema and Literature
Polygraphic Desire
Nina Cornyetz
11 Institutional and Technological Change in Japans Economy
Past and present
Edited by Janet Hunter and Cornelia Storz
12 Political Reform in Japan
Leadership looming large
Alisa Gaunder
13 Civil Society and the Internet in Japan
Isa Ducke
14 Japans Contested War Memories
The memory rifts in historical consciousness of World War II
Philip A. Seaton
15 Japanese Love Hotels
A cultural history
Sarah Chaplin
16 Population Decline and Ageing in Japan The Social Consequences
Florian Coulmas
17 Zainichi Korean Identity and Ethnicity
David Chapman
18 A Japanese Joint Venture in the Pacific
Foreign bodies in tinned tuna
Kate Barclay
19 Japanese-Russian Relations, 19072007
Joseph P. Ferguson
20 War Memory, Nationalism and Education in Post-War Japan, 19452007
The Japanese history textbook controversy and Ienaga Saburos court challenges
Yoshiko Nozaki
21 A New Japan for the Twenty-First Century
An inside overview of current fundamental changes and problems
Edited by Rien T. Segers
22 A Life Adrift
Soeda Azembo, popular song and modern mass culture in Japan
Translated by Michael Lewis
23 The Novels of Oe Kenzaburo
Yasuko Claremont
24 Perversion in Modern Japan
Psychoanalysis, literature, culture
Edited by Nina Cornyetz and J. Keith Vincent
25 Homosexuality and Manliness in Postwar Japan
Jonathan D. Mackintosh
26 Marriage in Contemporary Japan
Yoko Tokuhiro
27 Japanese Aid and the Construction of Global Development
Inescapable solutions
Edited by David Leheny and Carol Warren
28 The Rise of Japanese NGOs
Activism from above
Kim D. Reimann
29 Postwar History Education in Japan and the Germanys
Guilty lessons
Julian Dierkes
30 Japan-Bashing
Anti-Japanism since the 1980s
Narrelle Morris
31 Legacies of the Asia-Pacific War
The Yakeato generation
Edited by Roman Rosenbaum and Yasuko Claremont
32 Challenges of Human Resource Management in Japan
Edited by Ralf Bebenroth and Toshihiro Kanai
33 Translation in Modern Japan
Edited by Indra Levy
34 Language Life in Japan
Transformations and prospects
Edited by Patrick Heinrich and Christian Galan
35 The Quest for Japans New Constitution
An analysis of visions and constitutional reform proposals 19802009
Christian G. Winkler
36 Japan in the Age of Globalization
Edited by Carin Holroyd and Ken Coates
37 Social Networks and Japanese Democracy
The beneficial impact of interpersonal communication in East Asia
Kenichi Ikeda and Sean Richey
38 Dealing with Disaster in Japan
Responses to the Flight JL123 crash
Christopher P. Hood
39 The Ethics of Japans Global Environmental Policy
The conflict between principles and practice
Midori Kagawa-Fox
40 Superhuman Japan
Knowledge, nation and culture in US-Japan relations
Marie Thorsten
41 Nationalism, Political Realism and Democracy in Japan
The thought of Masao Maruyama
Fumiko Sasaki
42 Japans Local Newspapers
Chihshi and revitalization journalism
Anthony S. Rausch
43 Mental Health Care in Japan
Edited by Ruth Taplin and Sandra J. Lawman
44 Manga and the Representation of Japanese History
Edited by Roman Rosenbaum
45 Negotiating Censorship in Modern Japan
Edited by Rachael Hutchinson
46 EUJapan Relations, 19702012
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