Chapter

A Political Analysis of the Emergence of the Big Bang Initiative

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/10.1093/0199292396.003.0005
 A Political Analysis of the Emergence of the Big Bang Initiative

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This chapter examines the politics surrounding the emergence of the Big Bang Initiative, seeking to determine who brought it about and why. It focuses in particular on developments between the fall 1995 and November 1996, when then Prime Minister Hashimoto announced the initiative. It argues that the political economy of the Big Bang can be best explained according to the logic of actor behavior detailed in Chapter 3. This logic focuses on the maintenance of organization survival and holds across political parties, organizations, and firms.

Keywords: Japan; Big Bang; economic reform; political economy

Chapter.  14674 words. 

Subjects: Business and Management

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