Research Catalog

Title

Unmaking the Japanese miracle : macroeconomic politics, 1985-2000 / William W. Grimes.

Author

Grimes, William W.

Publication

Ithaca : Cornell University Press, 2001.

Items in the Library & Off-site

Holdings

Details

Description

xix, 254 pages : illustrations; 25 cm

Summary

• "In the last fifteen years, Japan's economy has gone from being a model of success to being an object lesson in failure. Here, William W. Grimes offers a detailed, insider's view of the key macroeconomic policies and events in contemporary Japan.".
• "Based on scores of interviews with Japanese policy makers, this is the first political explanation of why these catastrophic policies were carried out by the Ministry of Finance, the Bank of Japan, and the Diet. Various economic shocks were met, Grimes says, with a consistent and often inappropriate pattern of responses. This pattern has been fundamentally altered because of changes within the three policy-making institutions since 1998."--BOOK JACKET.

Subject

• Structural adjustment (Economic policy) > Japan
• Japan > Economic policy > 1989-

Bibliography (note)

• Includes bibliographical references (p. 230-245) and index.

Contents

Introduction: A Miracle Unmade -- 1. Organizational Conflict -- 2. Institutional Actors -- 3. Macroeconomic Policy Tools -- 4. Plaza-Louvre Period, 1985-87: International Influences on Domestic Policy -- 5. Inflating and Bursting the Bubble, 1988-92: Hesitation and Overshooting -- 6. Dealing with Stagnation, 1993-97: The Shift toward Activism -- 7. Structural Changes, 1997-2000: The Dismemberment of MOF and the Rise of the BOJ -- 8. Conclusions: Fighting the Last War?

ISBN

0801438497

LCCN

00012396

OCLC

• ocm45375194
• SCSB-4159453

Owning Institutions

Columbia University Libraries