Financial Stabilization in Meiji Japan

Financial Stabilization in Meiji Japan

Author: Steven J. Ericson

Publisher: Cornell University Press

Published: 2020-02-15

Total Pages: 141

ISBN-13: 1501746936

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With a new look at the 1880s financial reforms in Japan, Steven J. Ericson's Financial Stabilization in Meiji Japan overturns widely held views of the program carried out by Finance Minister Matsukata Masayoshi. As Ericson shows, rather than constituting an orthodox financial-stabilization program—a sort of precursor of the "neoliberal" reforms promoted by the IMF in the 1980s and 1990s—Matsukata's policies differed in significant ways from both classical economic liberalism and neoliberal orthodoxy. The Matsukata financial reform has become famous largely for the wrong reasons, and Ericson sets the record straight. He shows that Matsukata intended to pursue fiscal retrenchment and budget-balancing when he became finance minister in late 1881. Various exigencies, including foreign military crises and a worsening domestic depression, compelled him instead to increase spending by running deficits and floating public bonds. Though he drastically reduced the money supply, he combined the positive and contractionary policies of his immediate predecessors to pull off a program of "expansionary austerity" paralleling state responses to financial crisis elsewhere in the world both then and now. Through a new and much-needed recalibration of this pivotal financial reform, Financial Stabilization in Meiji Japan demonstrates that, in several ways, ranging from state-led export promotion to the creation of a government-controlled central bank, Matsukata advanced policies that were more in line with a nationalist, developmentalist approach than with a liberal economic one. Ericson shows that Matsukata Masayoshi was far from a rigid adherent of classical economic liberalism.


Japan Remodeled

Japan Remodeled

Author: Steven Kent Vogel

Publisher: Cornell University Press

Published: 2006

Total Pages: 276

ISBN-13: 9780801473715

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As the Japanese economy languished in the 1990s Japanese government officials, business executives, and opinion leaders concluded that their economic model had gone terribly wrong. They questioned the very institutions that had been credited with Japan's past success: a powerful bureaucracy guiding the economy, close government-industry ties, "lifetime" employment, the main bank system, and dense interfirm networks. Many of these leaders turned to the U.S. model for lessons, urging the government to liberate the economy and companies to sever long-term ties with workers, banks, suppliers, and other firms.Despite popular perceptions to the contrary, Japanese government and industry have in fact enacted substantial reforms. Yet Japan never emulated the American model. As government officials and industry leaders scrutinized their options, they selected reforms to modify or reinforce preexisting institutions rather than to abandon them. In Japan Remodeled, Steven Vogel explains the nature and extent of these reforms and why they were enacted.Vogel demonstrates how government and industry have devised innovative solutions. The cumulative result of many small adjustments is, he argues, an emerging Japan that has a substantially redesigned economic model characterized by more selectivity in business partnerships, more differentiation across sectors and companies, and more openness to foreign players.


Reforming Japan

Reforming Japan

Author: Elizabeth Dorn Lublin

Publisher: UBC Press

Published: 2010-04-23

Total Pages: 267

ISBN-13: 0774859318

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In 1902 the Woman's Christian Temperance Union (WCTU) petitioned the Japanese government to stop rewarding good deeds with the bestowal of sake cups. Alcohol production and consumption, its members argued, harmed individuals, endangered public welfare, and wasted vital resources. This campaign was part of a wide-ranging reform program to eliminate prostitution, eradicate drinking, spread Christianity, and improve the lives of women. As Elizabeth Dorn Lublin shows, members did not passively accept and propagate government policy but felt a duty to shape it by defining social problems and influencing opinion. Certain their beliefs and reforms were essential to Japan's advancement, members couched their calls for change in the rhetorical language of national progress. Ultimately, the WCTU's activism belies received notions of women's public involvement and political engagement in Meiji Japan.


Mito and the Politics of Reform in Early Modern Japan

Mito and the Politics of Reform in Early Modern Japan

Author: Michael Alan Thornton

Publisher: Rowman & Littlefield

Published: 2022-01-28

Total Pages: 267

ISBN-13: 1793641900

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This book examines early modern Mito, today an ordinary provincial capital on the outskirts of the Tokyo commuter belt, but once the headquarters of Mito Domain, one of the most consequential places in all of Japan. As one of just three senior branches of the Tokugawa family—which ruled over Japan for 260 years—Mito’s ruling family enjoyed unparalleled status and exerted enormous influence throughout its history. In the seventeenth century, its scholars produced some of early modern Japan’s most important historical scholarship. In the eighteenth century, it developed a robust and pragmatic program of reform to confront depopulation and foreign threats. In the nineteenth century, it became the birthplace of a revolutionary ideology that transformed Japan into a modern, imperial nation. The power of these ideas swept across Japan, inspiring activists everywhere to take up the cause of building a new nation—but they also devastated Mito, leading to a brutal civil war that scarred its people for generations. This book complements existing studies of Mito’s ideas by focusing on the history of Mito as a place and telling the stories of Mito’s politicians, reformers, and ordinary people from the beginning of the domain’s history to its end.


Reforming Public Health in Occupied Japan, 1945-52

Reforming Public Health in Occupied Japan, 1945-52

Author: Christopher Aldous

Publisher: Routledge

Published: 2011-12-02

Total Pages: 309

ISBN-13: 113649880X

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Whilst most facets of the Occupation of Japan have attracted much scholarly debate in recent decades, this is not the case with reforms relating to public health. The few studies of this subject largely follow the celebratory account of US-inspired advances, strongly associated with Crawford Sams, the key figure in the Occupation charged with carrying them out. This book tests the validity of this dominant narrative, interrogating its chief claims, exploring the influences acting on it, and critically examining the reform’s broader significance for the Occupation and its legacies for both Japan and the US. The book argues that rather than presiding over a revolution in public health, the Public Health and Welfare Section, headed by Sams, recommended methods of epidemic disease control and prevention that were already established in Japan and were not the innovations that they were often claimed to be. Where high incidence of such endemic diseases as dysentery and tuberculosis reflected serious socio-economic problems or deficiencies in sanitary infrastructure, little was done in practice to tackle the fundamental problems of poor water quality, the continued use of night soil as fertilizer and pervasive malnutrition. Improvements in these areas followed the trajectory of recovery, growth and rising prosperity in the 1950s and 1960s. This book will be important reading for anyone studying Japanese History, the History of Medicine, Public Health in Asia and Asian Social Policy.


Reforming Japan

Reforming Japan

Author: Elizabeth Dorn Lublin

Publisher: University of British Columbia Press

Published: 2010

Total Pages: 272

ISBN-13:

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In 1902 members of the Japanese Woman's Christian Temperance Union (WCTU) submitted a petition to the National Diet to abolish the custom of rewarding good deeds and patriotic service with the bestowal of sake cups. Alcohol production and consumption, its members argued, harmed individuals, endangered public welfare, and wasted vital resources. The sake cup petition was only one initiative in a wide-ranging program to reform public and private behaviour in Japan. Between 1886 and 1912, the WCTU launched campaigns to eliminate prostitution, eradicate drinking and smoking, spread Christianity, and improve the lives of women. As Elizabeth Dorn Lublin shows, members did not passively accept and propagate government policy but felt a duty to shape it by defining social problems and influencing opinion. Certain their beliefs and reforms were essential to Japan's advancement, members couched their calls for change in the rhetorical language of national progress. Ultimately, the WCTU's activism belies received notions of women's public involvement and political engagement in Meiji Japan. This fascinating study of women bound by God, home, and country will appeal to students and scholars of Japanese History, religious studies, and gender studies.


Education Reform and Social Class in Japan

Education Reform and Social Class in Japan

Author: 苅谷剛彦

Publisher: Routledge

Published: 2013

Total Pages: 242

ISBN-13: 0415556872

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This title demonstrates from a sociological point of view and by way of empirical analysis that educational reforms have caused profound changes in the society of post-war Japan. It focuses on the spread of inequality in Japanese society as an 'unintended outcome' to which the educational reforms ended up contributing.


Language, Nation, Race

Language, Nation, Race

Author: Atsuko Ueda

Publisher: Univ of California Press

Published: 2021-06

Total Pages: 172

ISBN-13: 0520381718

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"Language, Nation, Race is an exceptional book. It not only provides a cogent interpretation of Meiji-era linguistic and literary reform movements, but it also productively challenges the current scholarly consensus regarding the meaning of these movements. On top of that, Ueda makes an entirely original and convincing argument about the relevance of 'whiteness' to the understanding of linguistic, aesthetic, and cultural values within these movements."––James Reichert, Associate Professor of East Asian Languages and Cultures, Stanford University "A remarkable accomplishment, bound to have a lasting impact in the field of Japan Studies and beyond. Ueda’s compelling reading of Meiji period literary and linguistic debates opens new avenues for a philosophical questioning of phoneticism and its significance to the formation of the geopolitical categories of 'West' and 'non-West.'"––Pedro Erber, author of Breaching the Frame: The Rise of Contemporary Art in Brazil and Japan


Entrepreneurial States

Entrepreneurial States

Author: Yves Tiberghien

Publisher: Cornell University Press

Published: 2018-07-05

Total Pages: 280

ISBN-13: 0801462444

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In Entrepreneurial States, an innovative examination of the comparative politics of reform in stakeholder systems, Yves Tiberghien analyzes the modern partnership between the state and global capital in attaining structural domestic change. The emergence of a powerful global equity market has altered incentives for the state and presented political leaders with a "golden bargain"—the infusion of abundant and cheap capital into domestic stock markets in exchange for reform of corporate governance and other regulatory changes. Drawing on extensive archival research and interviews with policy and corporate elites in Europe and East Asia, Tiberghien asks why states such as Korea and France have embraced this opportunity and engaged in far-reaching reforms to make their companies more attractive to foreign capital, whereas Japan and Germany have moved forward much more grudgingly. Interest groups and electoral institutions have their impacts, but by tracing the unfolding dynamic of reform under different constraints, Tiberghien shows that the role of political entrepreneurs is critical. Such policy elites act as mediators between global forces and national constraints. As risk takers and bargain builders, Tiberghien finds, they use corporate reform to reshape their political parties and to stake out new policy ground. The degree of political autonomy available to them and the domestic organization of bureaucratic responsibility determine their ability to succeed.