Japan's Financial Crisis : : Institutional Rigidity and Reluctant Change / / Jennifer Amyx.
At the beginning of the 1990s, a massive speculative asset bubble burst in Japan, leaving the nation's banks with an enormous burden of nonperforming loans. Banking crises have become increasingly common across the globe, but what was distinctive about the Japanese case was the unusually long d...
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Place / Publishing House: | Princeton, NJ : : Princeton University Press, , [2013] ©2004 |
Year of Publication: | 2013 |
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Amyx, Jennifer, author. aut http://id.loc.gov/vocabulary/relators/aut Japan's Financial Crisis : Institutional Rigidity and Reluctant Change / Jennifer Amyx. Course Book Princeton, NJ : Princeton University Press, [2013] ©2004 1 online resource (392 p.) : 10 line illus. 15 tables text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- Figures -- Tables -- Abbreviations -- A Note on Conventions -- Acknowledgments -- Introduction -- Chapter One. Networks and State Performance -- Part I: Contours of Japan's Financial Policy Networks -- Chapter Two. Finance Ministry Ties with the Political Arena -- Chapter Three. Finance Ministry Ties with Private and Quasi-governmental Financial Institutions -- Chapter Four. Finance Ministry Ties with Other Government Agencies and the Central Bank -- Part II: Evolution of Network-based Regulation -- Chapter Five. Institutional "Fit" for Rapid Growth -- Chapter Six. Slowed Growth, Institutional Rigidity, and Reforms Postponed -- Chapter Seven. Network-managed Forbearance after the "Bubble" Bursts -- Chapter Eight. Policy Paralysis amid Deepening Crisis -- Part III: Institutional Change and System Transition -- Chapter Nine. A New Regulatory and Policymaking Paradigm -- Chapter Ten. Why Can't Japan Get Back on Track? -- Chapter Eleven. Conclusion -- Appendices -- Notes -- Bibliography -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star At the beginning of the 1990s, a massive speculative asset bubble burst in Japan, leaving the nation's banks with an enormous burden of nonperforming loans. Banking crises have become increasingly common across the globe, but what was distinctive about the Japanese case was the unusually long delay before the government intervened to aggressively address the bad debt problem. The postponed response by Japanese authorities to the nation's banking crisis has had enormous political and economic consequences for Japan as well as for the rest of the world. This book helps us understand the nature of the Japanese government's response while also providing important insights into why Japan seems unable to get its financial system back on track 13 years later. The book focuses on the role of policy networks in Japanese finance, showing with nuance and detail how Japan's Finance Ministry was embedded within the political and financial worlds, how that structure was similar to and different from that of its counterparts in other countries, and how the distinctive nature of Japan's institutional arrangements affected the capacity of the government to manage change. The book focuses in particular on two intervening variables that bring about a functional shift in the Finance Ministry's policy networks: domestic political change under coalition government and a dramatic rise in information requirements for effective regulation. As a result of change in these variables, networks that once enhanced policymaking capacity in Japanese finance became "paralyzing networks"--with disastrous results. Issued also in print. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Jul 2021) Banks and banking Japan. Finance Japan. Financial crises Japan. POLITICAL SCIENCE / Political Economy. bisacsh Title is part of eBook package: De Gruyter Asian Studies Backlist (2000-2014) eBook Package 9783110649772 Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013 9783110442502 print 9780691128689 https://doi.org/10.1515/9781400849635 https://www.degruyter.com/isbn/9781400849635 Cover https://www.degruyter.com/cover/covers/9781400849635.jpg |
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English |
format |
eBook |
author |
Amyx, Jennifer, Amyx, Jennifer, |
spellingShingle |
Amyx, Jennifer, Amyx, Jennifer, Japan's Financial Crisis : Institutional Rigidity and Reluctant Change / Frontmatter -- Contents -- Figures -- Tables -- Abbreviations -- A Note on Conventions -- Acknowledgments -- Introduction -- Chapter One. Networks and State Performance -- Part I: Contours of Japan's Financial Policy Networks -- Chapter Two. Finance Ministry Ties with the Political Arena -- Chapter Three. Finance Ministry Ties with Private and Quasi-governmental Financial Institutions -- Chapter Four. Finance Ministry Ties with Other Government Agencies and the Central Bank -- Part II: Evolution of Network-based Regulation -- Chapter Five. Institutional "Fit" for Rapid Growth -- Chapter Six. Slowed Growth, Institutional Rigidity, and Reforms Postponed -- Chapter Seven. Network-managed Forbearance after the "Bubble" Bursts -- Chapter Eight. Policy Paralysis amid Deepening Crisis -- Part III: Institutional Change and System Transition -- Chapter Nine. A New Regulatory and Policymaking Paradigm -- Chapter Ten. Why Can't Japan Get Back on Track? -- Chapter Eleven. Conclusion -- Appendices -- Notes -- Bibliography -- Index |
author_facet |
Amyx, Jennifer, Amyx, Jennifer, |
author_variant |
j a ja j a ja |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Amyx, Jennifer, |
title |
Japan's Financial Crisis : Institutional Rigidity and Reluctant Change / |
title_sub |
Institutional Rigidity and Reluctant Change / |
title_full |
Japan's Financial Crisis : Institutional Rigidity and Reluctant Change / Jennifer Amyx. |
title_fullStr |
Japan's Financial Crisis : Institutional Rigidity and Reluctant Change / Jennifer Amyx. |
title_full_unstemmed |
Japan's Financial Crisis : Institutional Rigidity and Reluctant Change / Jennifer Amyx. |
title_auth |
Japan's Financial Crisis : Institutional Rigidity and Reluctant Change / |
title_alt |
Frontmatter -- Contents -- Figures -- Tables -- Abbreviations -- A Note on Conventions -- Acknowledgments -- Introduction -- Chapter One. Networks and State Performance -- Part I: Contours of Japan's Financial Policy Networks -- Chapter Two. Finance Ministry Ties with the Political Arena -- Chapter Three. Finance Ministry Ties with Private and Quasi-governmental Financial Institutions -- Chapter Four. Finance Ministry Ties with Other Government Agencies and the Central Bank -- Part II: Evolution of Network-based Regulation -- Chapter Five. Institutional "Fit" for Rapid Growth -- Chapter Six. Slowed Growth, Institutional Rigidity, and Reforms Postponed -- Chapter Seven. Network-managed Forbearance after the "Bubble" Bursts -- Chapter Eight. Policy Paralysis amid Deepening Crisis -- Part III: Institutional Change and System Transition -- Chapter Nine. A New Regulatory and Policymaking Paradigm -- Chapter Ten. Why Can't Japan Get Back on Track? -- Chapter Eleven. Conclusion -- Appendices -- Notes -- Bibliography -- Index |
title_new |
Japan's Financial Crisis : |
title_sort |
japan's financial crisis : institutional rigidity and reluctant change / |
publisher |
Princeton University Press, |
publishDate |
2013 |
physical |
1 online resource (392 p.) : 10 line illus. 15 tables Issued also in print. |
edition |
Course Book |
contents |
Frontmatter -- Contents -- Figures -- Tables -- Abbreviations -- A Note on Conventions -- Acknowledgments -- Introduction -- Chapter One. Networks and State Performance -- Part I: Contours of Japan's Financial Policy Networks -- Chapter Two. Finance Ministry Ties with the Political Arena -- Chapter Three. Finance Ministry Ties with Private and Quasi-governmental Financial Institutions -- Chapter Four. Finance Ministry Ties with Other Government Agencies and the Central Bank -- Part II: Evolution of Network-based Regulation -- Chapter Five. Institutional "Fit" for Rapid Growth -- Chapter Six. Slowed Growth, Institutional Rigidity, and Reforms Postponed -- Chapter Seven. Network-managed Forbearance after the "Bubble" Bursts -- Chapter Eight. Policy Paralysis amid Deepening Crisis -- Part III: Institutional Change and System Transition -- Chapter Nine. A New Regulatory and Policymaking Paradigm -- Chapter Ten. Why Can't Japan Get Back on Track? -- Chapter Eleven. Conclusion -- Appendices -- Notes -- Bibliography -- Index |
isbn |
9781400849635 9783110649772 9783110442502 9780691128689 |
callnumber-first |
H - Social Science |
callnumber-subject |
HG - Finance |
callnumber-label |
HG187 |
callnumber-sort |
HG 3187 J3 A49 42004 |
geographic_facet |
Japan. |
url |
https://doi.org/10.1515/9781400849635 https://www.degruyter.com/isbn/9781400849635 https://www.degruyter.com/cover/covers/9781400849635.jpg |
illustrated |
Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
332 - Financial economics |
dewey-full |
332.10952 |
dewey-sort |
3332.10952 |
dewey-raw |
332.10952 |
dewey-search |
332.10952 |
doi_str_mv |
10.1515/9781400849635 |
oclc_num |
922666102 |
work_keys_str_mv |
AT amyxjennifer japansfinancialcrisisinstitutionalrigidityandreluctantchange |
status_str |
n |
ids_txt_mv |
(DE-B1597)448003 (OCoLC)922666102 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Asian Studies Backlist (2000-2014) eBook Package Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013 |
is_hierarchy_title |
Japan's Financial Crisis : Institutional Rigidity and Reluctant Change / |
container_title |
Title is part of eBook package: De Gruyter Asian Studies Backlist (2000-2014) eBook Package |
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1770176669907156992 |
fullrecord |
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