Amakudari: The Ties that Bind the Bureaucracy with the Private and Public Sectors and Politics

Susan Carpenter
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Susan Carpenter: The University of Edinburgh Business School

Chapter 4 in Why Japan Can’t Reform, 2008, pp 69-82 from Palgrave Macmillan

Abstract: Abstract Western media in the 1980s used the term ‘Japan Inc.’ to describe the intimate relationship between the bureaucracy, politicians and big business, which was assumed to be the core component of Japan’s success in global markets. When the asset inflated bubble burst in 1990 and the attempts by government to reignite a recessive economy through the release of successive fiscal stimulus packages did little more than to drain public revenue, ‘Japan, Inc.’ was no longer considered to be the ideal model to copy. Politicians’ efforts to initiate structural reforms of the administrative system were frustrated by the key players in the political economy; the bureaucracy, business and political parties who had numerous vested interests.

Keywords: Private Sector; Financial Institution; Ministry Official; Main Bank; Forestry Agency (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59506-4_4

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DOI: 10.1057/9780230595064_4

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