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Examining Japan's Lost Decades
This book examines five features of Japan’s ‘Lost Decades’: the speed of the economic decline in Japan compared to Japan’s earlier global prowess; a rapidly declining population; considerable political instability and failed reform attempts; shifting balances of power in the region and changing relations with Asian neighbouring nations; and the lingering legacy of World War Two. Addressing the question of why the decades were lost, this book offers 15 new perspectives ranging from economics to ideology and beyond. Investigating problems such as the risk-averse behaviour of Japan’s bureaucracy and the absence of strong political leadership, the authors analyse how the delay of ‘lo...
The Crisis of Liberal Internationalism
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 ...
Japan’s Population Implosion
This cutting edge collection examines Japan’s population issue, exploring how declining demographic trends are affecting Japan’s social structure, specifically in the context of Greater Tokyo, life infrastructure, public finance and the economy. Considering the failures of past Japanese policies from the perspective of population, national land, and politics, it argues that the inability of past administrations to develop a long-term and comprehensive policy has exacerbated the population crisis. This text identifies key negative chain reactions that have stemmed from this policy failure, notably the effect of population decline on future economic growth and public finances and the impac...
Meltdown
The human drama, and long-term lessons, of the Fukushima nuclear disaster The Fukushima nuclear disaster in March 2011 presented an enormous challenge even to Japan, one of the world's most advanced and organized countries. Failures at all levels—of both the government and the private sector—worsened the human and economic impact of the disaster and ensured that the consequences would continue for many years to come. Based on interviews with more than 300 government officials, power plant operators, and military personnel during the years since the disaster, Meltdown is a meticulous recounting and analysis of the human stories behind the response to the Fukushima disaster. While the peop...
Reconciliation in the Asia-Pacific
History has left many scars in the Asia-Pacific. Injuries inflicted generations ago are still fresh in the collective memories of the peoples of the region, hobbling efforts to repair relationships between old adversaries. But recently the spirit of reconciliation seems to have acquired new life. From Korea to Japan to China, longtime enemies are trading apologies and looking ahead. In this remarkably timely volume, Yoichi Funabashi, one of Japan's most influential journalists, and seven authors from throughout the Asia-Pacific shine the spotlight on the prospects for reconciliation in the region. Looking at instances of inter-ethnic as well as international strife, this book lays out the ba...
The Democratic Party of Japan in Power
When the Democratic Party of Japan (DPJ) came to power in September 2009, Japanese citizens expected the imminent arrival of a new political era, characterized by a two-party system. However, in addition to the triple disasters of March 2011, the DPJ faced numerous difficulties arising from its controversial policies and massive party defections following the government’s consumption tax hike legislation. The DPJ fell from power following a crushing defeat in the 2012 Lower House election, in which its seat total was drastically reduced. This book examines the September 2009-December 2012 administration of the DPJ from various perspectives, including policies, party governance, management,...
The Peninsula Question
"Through interviews, gives a behind-the-scenes look at negotiations to denuclearize the Korean peninsula. Offering multiple perspectives on the second Korean nuclear crisis, provides a window of understanding on the historical, geopolitical, and security concerns at play on the peninsula since 2002, paying special attention to China's dealings with North Korea"--Provided by publisher.
Reinventing Japan
Highly readable yet deeply researched, this book serves as an essential guide to the many ways in which Japan has risen to become one of the world's most creative and innovative societies. During its so-called Lost Decades, Japan has quietly reinvented itself from a nation with an economy playing catch-up into a global leader in innovation and creativity, one whose "soft power" extends from postmodern architecture to pluripotent stem cells. Written by a dozen experts in their fields, including architect Kengo Kuma, designer of Tokyo's 2020 Olympic stadium, this book describes Japan's contributions to the world in fields ranging from fashion and pop culture to development aid and historical r...
Managing the Dollar
Managing the Dollar, published four years after the Plaza Agreement took place, was the initial analysis of lessons learned and takeaways from the finance ministers' policy efforts in 1985. Based largely on interviews, immediate analysis illuminates the forces at play and the differences of opinions among the policymakers and how collaborative economic integration can be improved. The piece is being republished to celebrate the 30-year anniversary of the accord and as a companion to a new long-term retrospective.
U.S. Strategy in the Asian Century
As the Indo-Pacific emerges as the world’s most strategically consequential region and competition with China intensifies, the United States must adapt its approach if it seeks to preserve its power and sustain regional stability and prosperity. Yet as China grows more powerful and aggressive and the United States appears increasingly unreliable, the Indo-Pacific has become riven with uncertainty. These dynamics threaten to undermine the region’s unprecedented peace and prosperity. U.S. Strategy in the Asian Century offers vital perspective on the future of power dynamics in the Indo-Pacific, focusing on the critical roles that American allies and partners can play. Abraham M. Denmark ar...
