The Crisis of Liberal Internationalism

The Crisis of Liberal Internationalism

Author: Yoichi Funabashi

Publisher: Brookings Institution Press

Published: 2020-02-04

Total Pages: 417

ISBN-13: 0815737688

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A 2020 CHOICE Outstanding Academic Title Japan's challenges and opportunities in a new era of uncertainty Henry Kissinger wrote a few years ago that Japan has been for seven decades “an important anchor of Asian stability and global peace and prosperity.” However, Japan has only played this anchoring role within an American-led liberal international order built from the ashes of World War II. Now that order itself is under siege, not just from illiberal forces such as China and Russia but from its very core, the United States under Donald Trump. The already evident damage to that order, and even its possible collapse, pose particular challenges for Japan, as explored in this book. Noted experts survey the difficult position that Japan finds itself in, both abroad and at home. The weakening of the rules-based order threatens the very basis of Japan's trade-based prosperity, with the unreliability of U.S. protection leaving Japan vulnerable to an economic and technological superpower in China and at heightened risk from a nuclear North Korea. Japan's response to such challenges are complicated by controversies over constitutional revision and the dark aspects of its history that remain a source of tension with its neighbors. The absence of virulent strains of populism have helped to provide Japan with a stable platform from which to pursue its international agenda. Yet with a rapidly aging population, widening intergenerational inequality, and high levels of public debt, the sources of Japan's stability—its welfare state and immigration policies—are becoming increasingly difficult to sustain. Each of the book's chapters is written by a specialist in the field, and the book benefits from interviews with more than 40 Japanese policymakers and experts, as well as a public opinion survey. The book outlines today's challenges to the liberal international order, proposes a role for Japan to uphold, reform and shape the order, and examines Japan's assets as well as constraints as it seeks to play the role of a proactive stabilizer in the Asia-Pacific.


Liberal Trade and Japan

Liberal Trade and Japan

Author: Marcel F. van Marion

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 299

ISBN-13: 3642469426

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LIBERAL TRADE AND JAPAN THE INCOMPATIBILITY ISSUE IN ELECTRONICS What would be the cause of those many trade conflicts between Japan and the West? Do just lack of competitiveness and protectionism or inaccessibility of the Japanese market trigger repetitive trade conflicts or some mix? It may also be that economic systems of Japan and the Western industrial nations are incompatible. Both, the question of competitiveness and of frictions between both systems are addressed in this book. Incongruity of the economy of Japan and Western liberal system would have serious consequences for the continuity of the world trade system. H a contradiction between the two systems is supposed to exist, such a hypothesis would require analysis of the basics of the existing trade system and of the Japanese economy and what its effects on world trade are. H it would be possible to explain salient features of Japanese competitiveness from these frictions perhaps some recommendations could be made for improvement of business and governmental trade policies and of the international trade system. The present world trade system is partly framed in rules dating from the end of the 1940s and reflecting economic experience as well as prevailing - both theoretical and ideological - economic thought in the period prior to their design. Part A investigates the liberal basis of the international economic system and general position of Japan in that system.


The EU–Japan Partnership in the Shadow of China

The EU–Japan Partnership in the Shadow of China

Author: Axel Berkofsky

Publisher: Routledge

Published: 2018-06-27

Total Pages: 280

ISBN-13: 135117214X

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Both the European Union and Japan have been major beneficiaries and supporters of the liberal international order, first led by the United States since the end of World War II. During this period, they have emerged as global powers, however, the very order that nurtured their rise is now facing twin threats. First, through authoritarian China’s promotion of alternative models of global governance, and second from a crisis of liberalism, manifested in the policies of President Donald Trump and Brexit. This book explores these challenges faced by both the EU and Japan, providing a multidisciplinary approach to studying the relationship between the two. It analyses their cooperation in terms of security, defence and trade and examines how their shared normative values are ultimately implemented. Having recently concluded an Economic Partnership Agreement and with a Strategic Partnership Agreement in the pipeline, this book asks whether they can convert their latent and modest cooperation into an alternative form of leadership and an antidote to the illiberal tide sweeping the developed world? As the first book to shed light on the new Economic Partnership Agreement between the EU and Japan, this book will be useful to students and scholars of Japanese Studies, as well as European Union politics and international political economy more generally.


Lever of Empire

Lever of Empire

Author: Mark Metzler

Publisher: Univ of California Press

Published: 2006-03-13

Total Pages: 395

ISBN-13: 0520931793

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This book, the first full account of Japan’s financial history and the Japanese gold standard in the pivotal years before World War II, provides a new perspective on the global political dynamics of the era by placing Japan, rather than Europe, at the center of the story. Focusing on the fall of liberalism in Japan in late 1931 and the global politics of money that were at the center of the crisis, Mark Metzler asks why successive Japanese governments from 1920 to 1931 carried out policies that deliberately induced deflation and depression. His search for answers stretches from Edo to London to the ragged borderlands of the Japanese empire and from the eighteenth century to the 1950s, integrating political and monetary analysis to shed light on the complex dynamics of money, empire, and global hegemony. His detailed and broad ranging account illuminates a range of issues including Japan’s involvement in the economic dynamics that shook interwar Europe, the character of U.S. isolationism, and the rise of fascism as an international phenomenon.


Japan's New Regional Reality

Japan's New Regional Reality

Author: Saori N. Katada

Publisher:

Published: 2020

Total Pages: 0

ISBN-13: 9780231190725

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Japan's regional geoeconomic strategy -- Foreign economic policy, domestic institutions and regional governance -- Geoeconomics of the Asia-Pacific -- Transformation in the Japanese political economy -- Trade and investment : a gradual path -- Money and finance : an uneven path -- Development and foreign aid : a hybrid path.


Japan Transformed

Japan Transformed

Author: Frances Rosenbluth

Publisher: Princeton University Press

Published: 2010-04-12

Total Pages: 263

ISBN-13: 1400835097

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With little domestic fanfare and even less attention internationally, Japan has been reinventing itself since the 1990s, dramatically changing its political economy, from one managed by regulations to one with a neoliberal orientation. Rebuilding from the economic misfortunes of its recent past, the country retains a formidable economy and its political system is healthier than at any time in its history. Japan Transformed explores the historical, political, and economic forces that led to the country's recent evolution, and looks at the consequences for Japan's citizens and global neighbors. The book examines Japanese history, illustrating the country's multiple transformations over the centuries, and then focuses on the critical and inexorable advance of economic globalization. It describes how global economic integration and urbanization destabilized Japan's postwar policy coalition, undercut the ruling Liberal Democratic Party's ability to buy votes, and paved the way for new electoral rules that emphasized competing visions of the public good. In contrast to the previous system that pitted candidates from the same party against each other, the new rules tether policymaking to the vast swath of voters in the middle of the political spectrum. Regardless of ruling party, Japan's politics, economics, and foreign policy are on a neoliberal path. Japan Transformed combines broad context and comparative analysis to provide an accurate understanding of Japan's past, present, and future.


Economic Development and International Trade

Economic Development and International Trade

Author: Ippei Yamazawa

Publisher: Resource Systems Institute East West Center

Published: 1990

Total Pages: 298

ISBN-13:

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In a direct and easy-to-use style, the Savvy Savings Guide series offers financial advice for both your personal and professional life. With each new book, readers learn how to earn more, spend less, and save for important events such as retirement and your child's college education. From paying less on your taxes to starting a small business the Savvy Savings Guide series seeks to help you save money and succeed.


America and the Japanese Miracle

America and the Japanese Miracle

Author: Aaron Forsberg

Publisher: Univ of North Carolina Press

Published: 2003-06-19

Total Pages: 353

ISBN-13: 0807860662

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In this book, Aaron Forsberg presents an arresting account of Japan's postwar economic resurgence in a world polarized by the Cold War. His fresh interpretation highlights the many connections between Japan's economic revival and changes that occurred in the wider world during the 1950s. Drawing on a wealth of recently released American, British, and Japanese archival records, Forsberg demonstrates that American Cold War strategy and the U.S. commitment to liberal trade played a central role in promoting Japanese economic welfare and in forging the economic relationship between Japan and the United States. The price of economic opportunity and interdependence, however, was a strong undercurrent of mutual frustration, as patterns of conflict and compromise over trade, investment, and relations with China continued to characterize the postwar U.S.-Japanese relationship. Forsberg's emphasis on the dynamic interaction of Cold War strategy, the business environment, and Japanese development challenges "revisionist" interpretations of Japan's success. In exploring the complex origins of the U.S.-led international economy that has outlasted the Cold War, Forsberg refutes the claim that the U.S. government sacrificed American commercial interests in favor of its military partnership with Japan.


The State and Politics In Japan

The State and Politics In Japan

Author: Ian Neary

Publisher: John Wiley & Sons

Published: 2019-05-20

Total Pages: 298

ISBN-13: 1509535853

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Politics in Japan is undergoing a major transformation. Under the leadership of Prime Minister Abe Shinzo, the ruling Liberal Democratic Party has, since 2012, embarked upon an ambitious programme of policy reforms as well as changes to Japan’s governing structures and processes. At the heart of this policy agenda is ‘Abenomics’ – a set of measures designed to boost Japan’s flagging economy, but one which is yet to deliver on its promises. In this fully revised and updated second edition of his classic text, Ian Neary explores the dynamics of democracy in Japan, introducing the key institutions, developments and actors in its politics from the end of the Second World War to the present day. Packed with illustrative material and examples, this comprehensive study traces the continuities and the changes that are underway in five major policy areas: foreign and defence, industry, social welfare, the environment and human rights. Assuming no prior knowledge of Japan, this textbook will be an invaluable and welcome resource for all students interested in the government and politics of contemporary Japan and its international profile.


Kicking Away the Ladder

Kicking Away the Ladder

Author: Ha-Joon Chang

Publisher: Anthem Press

Published: 2002-07-01

Total Pages: 196

ISBN-13: 0857287613

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How did the rich countries really become rich? In this provocative study, Ha-Joon Chang examines the great pressure on developing countries from the developed world to adopt certain 'good policies' and 'good institutions', seen today as necessary for economic development. His conclusions are compelling and disturbing: that developed countries are attempting to 'kick away the ladder' with which they have climbed to the top, thereby preventing developing countries from adopting policies and institutions that they themselves have used.