It is often accepted, outside Japan, that the failure of foreign banks to penetrate the Japanese financial markets is the direct result of domestic protectionist policies. However, although there may be some truth in this it is a rather one-dimensional argument. Opening Japan's Financial Markets takes a broader look at the situation. It accepts that the Japanese bureaucracy have skillfully limited the scope of foreign banks and discusses at length the methods used to do so. However, in examining the history of foreign banking activity in Japan, it becomes clear that ineptitude on the part of…mehr
It is often accepted, outside Japan, that the failure of foreign banks to penetrate the Japanese financial markets is the direct result of domestic protectionist policies. However, although there may be some truth in this it is a rather one-dimensional argument. Opening Japan's Financial Markets takes a broader look at the situation. It accepts that the Japanese bureaucracy have skillfully limited the scope of foreign banks and discusses at length the methods used to do so. However, in examining the history of foreign banking activity in Japan, it becomes clear that ineptitude on the part of the foreign banks and governments has also been a major factor. By suggesting that some of the fault lies with the foreign banking community, the book argues that solutions designed to 'punish' the Japanese, such as some forms of managed trade, are inappropriate. Rather, the author argues for a change of approach. This would include greater understanding and commitment to the market. Above all though, the US government, in trying to induce the Japanese to liberalize, must put its own house in order. Professor Brown has been researching this work for a number of years. The bulk of it is based on interviews with government and corporation officials in the USA, Japan and Europe. The book is particularly relevant in that it presents the counter argument to current thinking on this strained relationship.
Robert E. Bedeski has lived and worked in various parts of East Asia since 1959, has taught and written about the comparative politics and international politics of the region. He is now Professor in the Department of Political Science, University of Victoria.
Inhaltsangabe
Preface List of abbreviations 1 State reform in South Korea Introduction Background of the modem Korean state Conflict and political reform The first five Republics: background to democratization The Third and Fourth Republics: economic and social transformation under Park Chung Hee Transition to the Fifth Republic The Sixth Republic and the Roh presidency Summary 2 The institutions of government Foundations of the modem Korean state Government structure weak v. strong institutions Liquidation of the legacy of the Fifth Republic Constitutional reform in the Sixth Republic: the presidency and local government The 1992 presidential elections The election results 3 Political parties and South Korean politics The character of political parties in South Korea The institutionalization of political parties The development of political parties in South Korea The authority crisis of 1985 Creating a new ruling party Political parties and liberalization Conclusions 4 The economic context of reform Introduction Towards balanced growth: maturing of a developing economy Labour Capital the chaebol and the state Agriculture reform The economic dimensions of social conflict 5 The social context of Korean politics Divisions and unity in South Korean society Factors of social change Pluralism and equality Education and Korean society Social conflict catalyst for democracy? Conclusion 6 State reform in a comparative context State building and social engineering in South Korea What is state reform? Taiwan another 'piecemeal experiment' The People's Republic of China North Korean politics the Kim fl Song dictatorship The USSR and its successor, Russia Implications Conclusions 7 South Korea's international environment and foreign policy South Korea as a rising middle power South Korea foreign policy: Nordpolitik An assessment of Nordpolitik 8 Conclusions Appendix: Roh Tae Woo's declaration of 29 June 1987 Notes Selective bibliography Index.
Preface List of abbreviations 1 State reform in South Korea Introduction Background of the modem Korean state Conflict and political reform The first five Republics: background to democratization The Third and Fourth Republics: economic and social transformation under Park Chung Hee Transition to the Fifth Republic The Sixth Republic and the Roh presidency Summary 2 The institutions of government Foundations of the modem Korean state Government structure weak v. strong institutions Liquidation of the legacy of the Fifth Republic Constitutional reform in the Sixth Republic: the presidency and local government The 1992 presidential elections The election results 3 Political parties and South Korean politics The character of political parties in South Korea The institutionalization of political parties The development of political parties in South Korea The authority crisis of 1985 Creating a new ruling party Political parties and liberalization Conclusions 4 The economic context of reform Introduction Towards balanced growth: maturing of a developing economy Labour Capital the chaebol and the state Agriculture reform The economic dimensions of social conflict 5 The social context of Korean politics Divisions and unity in South Korean society Factors of social change Pluralism and equality Education and Korean society Social conflict catalyst for democracy? Conclusion 6 State reform in a comparative context State building and social engineering in South Korea What is state reform? Taiwan another 'piecemeal experiment' The People's Republic of China North Korean politics the Kim fl Song dictatorship The USSR and its successor, Russia Implications Conclusions 7 South Korea's international environment and foreign policy South Korea as a rising middle power South Korea foreign policy: Nordpolitik An assessment of Nordpolitik 8 Conclusions Appendix: Roh Tae Woo's declaration of 29 June 1987 Notes Selective bibliography Index.
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