Economic policy in contemporary Japan
David Askew
8 or 12 points
* 2 hours per week
* Second semester
* Clayton
* Prerequisites: JPS3190 or JST4190 (refer to Arts undergraduate handbook)
or the permission of the instructor
Objectives Students completing this subject should a basic understanding of how policy is made in Japan and be familiar with some competing theories about policy-making in Japan. In particular, students should be able to appreciate the nexus between public and private interests and the subtle interaction between the bureaucracy, the business community and the political parties.
Synopsis After an overview of major Japanese institutions and actors in economic policy-making, extensive case studies will be carried out in such areas as the management of macro-economy, industrial sectors, social security, energy economics, labour market, distribution, international trade and foreign economic relations. This subject aims to sharpen students' analytical skills in economic and policy analysis and also to increase their understanding of the Japanese political economy and business.
Assessment (8 points) Written (4500 words): 70%
* Seminar
participation and assignments (1500 words): 30%
Assessment (12 points) Written (7000 words) 70%
* Seminar
participation and assignments (2000 words): 30%
Preliminary reading
Kumon S and Rosovsky H The political economy of Japan volume 3 Cultural and social dynamics Stanford U P, 1992
Ito T The Japanese economy MIT Press 1992
Mito T Contending perspectives on the Japanese `economic miracle' (Working Papers in Japanese Studies No.2) Japanese Studies Centre, Monash U, 1992
Recommended reading
Inoguchi T and Okimoto D I The political economy of Japan volume 2 The changing international context Stanford U P, 1988
Komiya R and others Industrial policy of Japan Academic Press 1988
Yamamura K and Yasuba Y The political economy of Japan volume 1 The domestic transformation Stanford U P, 1987
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