Chapter

Did Japanese Politics Change in the 1990s?

Tetsuro Toya and Jennifer Amyx

in The Political Economy of the Japanese Financial Big Bang

Published in print March 2006 | ISBN: 9780199292394
Published online May 2006 | e-ISBN: 9780191603525 | DOI: http://dx.doi.org/10.1093/0199292396.003.0001
 Did Japanese Politics Change in the 1990s?

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This chapter examines financial politics in the 1990s and the emergence of the Big Bang financial reforms in 1996. It discusses the main arguments of the book, namely that Japanese politics has changed since 1995; that the Big Bang resulted from strategic interaction between the Liberal Democratic Party and Ministry of Finance, and an increased role of the public in policymaking; and that there has been institutional change in financial politics since 1995 represented by the breakdown of the Convoy System and the decay of bureaupluralism. An overview of the chapters included in this volume is provided.

Keywords: Japan; financial politics; Big Bang; financial reform; bureaupluralism

Chapter.  7735 words.  Illustrated.

Subjects: Business and Management

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