The Ministry of Finance : bureaucratic practices and the transformation of the Japanese economy

書誌事項

The Ministry of Finance : bureaucratic practices and the transformation of the Japanese economy

J. Robert Brown, Jr

Quorum, 1999

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注記

Includes bibliographical references (p. [259]-262) and index

内容説明・目次

内容説明

Japan's economy, once the envy of the world, has recently experienced a period of malaise and stagnation. This is due in part to over-regulation and resistance to change within the Japanese bureaucracy. Many argue that this bureaucracy must be replaced with a system similar to that in the United States, involving ruthless competition, fluid job markets unhindered by notions of lifetime employment, tolerance of business failures, and the elevation of conflict over consensus in economic decision making. The author argues that not only will the bureaucracy, in the form of the Ministry of Finance, retain its position, it will also evolve to be more consistent with the transformed economic system allowing the Japanese economy to recover and retain its important role in the global economy. The book details the history of the Ministry of Finance and Japan's financial markets since World War II. It describes the economic crisis in Asia and Japan's attempts to transform its bureaucracy to better compete in the global arena. Economists, business practitioners, trade specialists, and anyone interested in Japan's role in the world economy will find this lucid and detailed book an invaluable resource.

目次

Preface Overthrowing the Past Bureaucratic Practices Inside the Ministry of Finance The Ministry of Finance and the Private Sector Management of the Financial Markets The Postwar Financial System The End of the Postwar Financial System Too Close for Comfort: The Securities Bureau and the Securities Industry Bailout: The Banking Bureau and the Banking Industry The Problem of Informal Relations: The Daiwa Bank Scandal Lessons Learned: Secrecy and the Bailout of the Jusen Bureaucrats, Politicians and the Budget The Budget and the Bureaucracy The Political Role of Bureaucrats The Bureaucratic Role of Politicians The Forms of Political Intervention: Cooperation, Consensus, and Conflict The National Interest: Politicians, Bureaucrats and the Consumption Tax Reform The Inevitability of Administrative Reform Retribution and Reform The End Game: Transforming the Ministry of Finance Interviews Bibliography Index

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