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The Political Economy of the Japanese Financial Big Bang

The Political Economy of the Japanese Financial Big Bang PDF Author: Tetsuro Toya
Publisher: Oxford University Press
ISBN: 0199292396
Category : Business & Economics
Languages : en
Pages : 349

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Book Description
This book emphasizes change over continuity in Japanese policymaking. It argues that Japan's Big Bang financial reforms emerged out of a policymaking process that deviated radically from past patterns. Performance failures, scandals and fluidity in party politics led the Ministry of Finance to promote reforms that otherwise would have been opposed.