Introduction: policy leadership in Japan

Maswood, S. Javed, and Lesbirel, Hayden (2004) Introduction: policy leadership in Japan. Policy and Society, 23 (1). pp. 1-4.

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[Extract] If the 1980s were a decade lost to development for countries in Latin America and Africa, the 1990s were a decade lost to the Japanese economy. Ever since the economic bubble burst in the early 1990s, the Japanese economy has lurched between recession and stagnation. Analysts, like Michael Porter (Porter, Takeuchi and Sakakibara 2000), observed a need for radical reform and transformation in Japan to rest the economy on a new growth trajectory. Within Japan, a growing number acknowledged the reform imperative but while some progress was made in restoring financial health of the beleaguered banking system, political leaders relied mainly on ineffective pump-priming policies to "fix" the economic problem policies. Most Japanese political leaders failed even to deliver on their own limited reform agenda and rhetoric. Much was promised by way of reform of the Japanese political economy but little was actually delivered.

Item ID: 7036
Item Type: Article (Research - C1)
ISSN: 1449-4035
Date Deposited: 05 Mar 2010 03:27
FoR Codes: 16 STUDIES IN HUMAN SOCIETY > 1606 Political Science > 160603 Comparative Government and Politics @ 100%
SEO Codes: 94 LAW, POLITICS AND COMMUNITY SERVICES > 9402 Government and Politics > 940204 Public Services Policy Advice and Analysis @ 100%
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