European Institute of Japanese Studies East Asian Economics and Business Series – serie

Both the European Union and Japan have been major beneficiaries and supporters of the liberal international order, first led by the United States since the end of World War II. During this period, they have emerged as global powers, however, the very order that nurtured their rise is now facing twin threats. First, through authoritarian China’s promotion of alternative models of global governance, and second from a crisis of liberalism, manifested in the policies of President Donald Trump and Brexit. This book explores these challenges faced by both the EU and Japan, providing a multidisciplinary approach to studying the relationship between the two. It analyses their cooperation in terms of security, defence and trade and examines how their shared normative values are ultimately implemented. Having recently concluded an Economic Partnership Agreement and with a Strategic Partnership Agreement in the pipeline, this book asks whether they can convert their latent and modest cooperation into an alternative form of leadership and an antidote to the illiberal tide sweeping the developed world? As the first book to shed light on the new Economic Partnership Agreement between the EU and Japan, this book will be useful to students and scholars of Japanese Studies, as well as European Union politics and international political economy more generally.

Japan is now the biggest donor of Official Development Assistance (ODA) throughout the world. This study takes a new approach to this subject by focusing on the procedures, methodologies and business mechanisms at the implementation level that influence the process of policy-making in Tokyo. It is also the first study to explore the process of receiving aid, arguing that many of the recipient countries exert considerable influence over the distribution of Japanese foreign aid.

This collection assesses the legal developments which have taken place since the 1980s in China. It discusses China's achievements in building a new legal system and identifies the theoretical and institutional limitations of China's legal reform. Featuring an extensive case-study of foreign investment law, this book considers a wide-ranging set of interconnecting variables in China's changing social context, in order to examine and illustrate the gap between the text and actual practice of the law, especially as it relates to foreign direct investment. It will be of great interest to students and scholars of Chinese Law, Business and Economics, as well as to business investors in China.

This important collection analyses the changing context of China's relationship with Japan. Its eminent international contributors address core issues including strategic concerns; security; the issue of Taiwan; diplomacy; economic relations; trade; the role of firms and currency. The book brings together a wide range of perspectives to offer a rich and varied understanding of one of Asia's most crucial and complex relationships.

As market competition replaces state regulation in many economic fields, competition policy has become an area of increasing significance. Against this background, Suzuki highlights the importance of the domestic political structure for competition policy. He does this through the comparative analysis of competition law reforms in Britain and Japan. He argues - controversially - that a country's domestic political structure should be considered a major factor in causing the reform of competition law, and rejects the established view that it is necessarily a result of changes in international economic and political conditions.

What brought about a financial crisis in the "miracle" economies of Asia? What went wrong with financial reform in Asia? What can the developing countries of the world learn from the reform experiences in Asia?Financial Liberalization and the Economic Crisis in Asia analyses how financial liberalization was undertaken in eight Asian countries and how it might be linked to the subsequent crises. The country studies focus on China, India, Indonesia, Japan, Malaysia, the Philippines, South Korea and Thailand.

This book examines the institutional changes taking place in, and challenges facing, the region since 1997. It also describes various differences in the reform process between countries in the region. Sjöholm and Tongzon argue that the economies of southeast Asia need to reform their institutions if the previous rapid development is to continue. The institutional weaknesses have been addressed to different degrees and with different success in the affected countries. Against the backdrop of southeast Asia's importance in the world economy, it is hardly possible to overestimate the need to understand this process of change.

Japan's China Policy understands Japan's foreign policy in terms of power - one of the most central concepts of political analysis. It contributes a fresh understanding to the subject by developing relational power as an analytical framework and by applying it to significant issues in Japan's China policy: the negotiations for a bilateral investment protection treaty and the disputed Pinnacle (Senkaku/Diaoyu) Islands.Hagström demonstrates that Japan exerted power over China in such divergent empirical settings for the most part by using civilian instruments positively, defensively and through non-action. Given that Japan's foreign policy is often portrayed rather enigmatically in terms of power, the unique contribution of Japan's China Policy is to demonstrate how to analyze power aspects of Japan's foreign policy in a more coherent fashion.This revealing approach to Japan's foreign policy will be of huge interest to anyone studying Japanese politics, foreign policy or international relations.

This is a new analysis of recent changes in important Japanese institutions. It addresses the origin, development, and recent adaptation of core institutions, including financial institutions, corporate governance, lifetime employment, and the amakudari system.After four decades of rapid economic growth in Japan, the 1990s saw the country enter a prolonged period of economic stagnation. Policy reforms were initially half-hearted, and businesses were slow to restructure as the global economy changed. The lagging economy has been impervious to aggressive fiscal stimulus measures and has been plagued by ongoing price deflation for years. Japan’s struggle has called into question the ability of the country’s economic institutions, originally designed to support factor accumulation and rapid development, to adapt to the new economic environment of the twenty-first century.This book discusses both historical and international comparisons including Meiji Japan, and recent economic and financial reforms in Korea, Scandinavia, Switzerland, and New Zealand, placing the current institutional changes in perspective. The contributors argue that, contrary to conventional wisdom that Japanese institutions have remained relatively rigid, there has been significant institutional change over the last decade.

North Korea features highly on the agenda of the main actors in East Asia and around the globe, and many large foreign policy initiatives have been undertaken since the structural constraints of the Cold War started to loosen in the early 1990s. The centrality of North Korea has been particularly emphasized by the country's suspected development of nuclear weapons which is regarded as one of the largest de-stabilising factors in the Asia-Pacific region. This comprehensive book analyzes the formation of the North Korea policy in the context of great power relations in East Asia, specifically focusing on Japan's policy formation and 'the Japan factor' in the North Korea policies of other concerned great powers, namely the US, China, Russia, South Korea and the EU. By adopting an empirical focus on the international interaction over North Korea, this book brings together issues that are highly relevant to contemporary Japanese foreign policy; clarifies what is happening in the region right now and plots what policy options are available for the future. Policy-oriented and based on careful empirical analysis, North Korea Policy will appeal to both policy makers and scholars of Asian foreign policy.

Japan's China Policy understands Japan's foreign policy in terms of power - one of the most central concepts of political analysis. It contributes a fresh understanding to the subject by developing relational power as an analytical framework and by applying it to significant issues in Japan's China policy: the negotiations for a bilateral investment protection treaty and the disputed Pinnacle (Senkaku/Diaoyu) Islands.Hagström demonstrates that Japan exerted power over China in such divergent empirical settings for the most part by using civilian instruments positively, defensively and through non-action. Given that Japan's foreign policy is often portrayed rather enigmatically in terms of power, the unique contribution of Japan's China Policy is to demonstrate how to analyze power aspects of Japan's foreign policy in a more coherent fashion.This revealing approach to Japan's foreign policy will be of huge interest to anyone studying Japanese politics, foreign policy or international relations.

Examines the institutional adjustments in Southeast Asia since the economic crisis in 1997. This book focuses on the determinants of the adjustments, implementation of the changes and the various differences between countries in the region.

This is a new analysis of recent changes in important Japanese institutions. It addresses the origin, development, and recent adaptation of core institutions, including financial institutions, corporate governance, lifetime employment, and the amakudari system.After four decades of rapid economic growth in Japan, the 1990s saw the country enter a prolonged period of economic stagnation. Policy reforms were initially half-hearted, and businesses were slow to restructure as the global economy changed. The lagging economy has been impervious to aggressive fiscal stimulus measures and has been plagued by ongoing price deflation for years. Japan’s struggle has called into question the ability of the country’s economic institutions, originally designed to support factor accumulation and rapid development, to adapt to the new economic environment of the twenty-first century.This book discusses both historical and international comparisons including Meiji Japan, and recent economic and financial reforms in Korea, Scandinavia, Switzerland, and New Zealand, placing the current institutional changes in perspective. The contributors argue that, contrary to conventional wisdom that Japanese institutions have remained relatively rigid, there has been significant institutional change over the last decade.

North Korea features highly on the agenda of the main actors in East Asia and around the globe, and many large foreign policy initiatives have been undertaken since the structural constraints of the Cold War started to loosen in the early 1990s. The centrality of North Korea has been particularly emphasized by the country's suspected development of nuclear weapons which is regarded as one of the largest de-stabilising factors in the Asia-Pacific region. This comprehensive book analyzes the formation of the North Korea policy in the context of great power relations in East Asia, specifically focusing on Japan's policy formation and 'the Japan factor' in the North Korea policies of other concerned great powers, namely the US, China, Russia, South Korea and the EU. By adopting an empirical focus on the international interaction over North Korea, this book brings together issues that are highly relevant to contemporary Japanese foreign policy; clarifies what is happening in the region right now and plots what policy options are available for the future. Policy-oriented and based on careful empirical analysis, North Korea Policy will appeal to both policy makers and scholars of Asian foreign policy.

For some time Japan has been under fire for adjusting too slowly to new realities. While this criticism may be valid on some levels, Japan has been transforming in tandem with both regional and global forces. However, these changes have been largely overshadowed by the immense changes in Asia; including the rise of China, the 1997 Southeast Asian financial crisis and North Korea's development of nuclear weapons. Has Japan, the world's second largest economy, only been muddling through? In this volume the contributors show that although the challenges faced are great, Japan is changing in areas ranging from political leadership, education policy, official development assistance, peace building and security, to defence production, business associations and innovation policy. The book analyses processes of change, focusing on the dynamics of change - rather than structural change or institutional change per se - from four levels: the individual, domestic, regional and global. Forces from outside Japan, such as a changing world order and changes in power relationships in Asia, have driven change along with pressures emerging within Japan, such as the increasing power of public opinion and competitiveness within markets.This book will be of interest to scholars and students of Japanese and Asian Studies, Politics, International Relations, Globalization, Business and Economics.

This book analyses the Japanese-South Korean relationship from various angles including politics, security, economics, culture and immigration. In a sense the two countries are natural partners. Both are democratic societies, they are economically strong and are the only two Asian countries that are members of the OECD. Both have security treaties with the USA, they share security concerns when it comes to the North Korean nuclear threat as well as the rise of China, which at the same time has become the largest trading partner for both. Japan and South Korea also share similar values, customs, cultures and languages. All this would make it logical for them to have a strong cooperative bilateral relationship. Yet this is still not the case. The contributors to this book examine how the relationship is affected by the changing power relations in Northeast Asia and find a most complex situation. Understanding how Japan and Korea interact is central for anyone that wants to understand the politics of East Asia. This volume will be of huge interest to students and scholars of Asian politics, as well as those interested in political science and peace and conflict resolution more generally.Marie Söderberg is Professor and Director of the European Institute of Japanese Studies, Sweden.

For some time Japan has been under fire for adjusting too slowly to new realities. While this criticism may be valid on some levels, Japan has been transforming in tandem with both regional and global forces. However, these changes have been largely overshadowed by the immense changes in Asia; including the rise of China, the 1997 Southeast Asian financial crisis and North Korea's development of nuclear weapons. Has Japan, the world's second largest economy, only been muddling through? In this volume the contributors show that although the challenges faced are great, Japan is changing in areas ranging from political leadership, education policy, official development assistance, peace building and security, to defence production, business associations and innovation policy. The book analyses processes of change, focusing on the dynamics of change - rather than structural change or institutional change per se - from four levels: the individual, domestic, regional and global. Forces from outside Japan, such as a changing world order and changes in power relationships in Asia, have driven change along with pressures emerging within Japan, such as the increasing power of public opinion and competitiveness within markets.This book will be of interest to scholars and students of Japanese and Asian Studies, Politics, International Relations, Globalization, Business and Economics.

This book analyses the Japanese-South Korean relationship from various angles including politics, security, economics, culture and immigration. In a sense the two countries are natural partners. Both are democratic societies, they are economically strong and are the only two Asian countries that are members of the OECD. Both have security treaties with the USA, they share security concerns when it comes to the North Korean nuclear threat as well as the rise of China, which at the same time has become the largest trading partner for both. Japan and South Korea also share similar values, customs, cultures and languages. All this would make it logical for them to have a strong cooperative bilateral relationship. Yet this is still not the case. The contributors to this book examine how the relationship is affected by the changing power relations in Northeast Asia and find a most complex situation. Understanding how Japan and Korea interact is central for anyone that wants to understand the politics of East Asia. This volume will be of huge interest to students and scholars of Asian politics, as well as those interested in political science and peace and conflict resolution more generally.Marie Söderberg is Professor and Director of the European Institute of Japanese Studies, Sweden.

Both the European Union and Japan have been major beneficiaries and supporters of the liberal international order, first led by the United States since the end of World War II. During this period, they have emerged as global powers, however, the very order that nurtured their rise is now facing twin threats. First, through authoritarian China’s promotion of alternative models of global governance, and second from a crisis of liberalism, manifested in the policies of President Donald Trump and Brexit. This book explores these challenges faced by both the EU and Japan, providing a multidisciplinary approach to studying the relationship between the two. It analyses their cooperation in terms of security, defence and trade and examines how their shared normative values are ultimately implemented. Having recently concluded an Economic Partnership Agreement and with a Strategic Partnership Agreement in the pipeline, this book asks whether they can convert their latent and modest cooperation into an alternative form of leadership and an antidote to the illiberal tide sweeping the developed world? As the first book to shed light on the new Economic Partnership Agreement between the EU and Japan, this book will be useful to students and scholars of Japanese Studies, as well as European Union politics and international political economy more generally.

Through a discourse analysis of Japanese parliamentary debates, this book explores how different understandings of Japan’s history have led to sharply divergent security policies in the postwar period, whilst providing an explanation for the much-debated security policy changes under Abe Shinzō.Analyzing the ways identities can be constructed through ‘temporal othering,’ as well as ‘spatial othering,’ this book examines the rise of a new form of identity in Japan since the end of the Cold War, one that is differentiated not from prewar and wartime Japan, but from postwar Japan. The champions of this identity, it argues, see the postwar past as a shameful period, characterized by self-imposed military restrictions, and thus the relentless chipping away of these limitations in recent years is indicative of how dominant this identity has become. Exploring how these military restrictions have shifted from being a symbol of pride to a symbol of shame, this book demonstrates the concrete ways in which the past can both enable and constrain policy.Temporal Identities and Security Policy in Postwar Japan will be invaluable to students and scholars of Japanese politics and foreign policy, as well as international relations more generally.

The world order as we know it is currently undergoing profound changes, and in its wake, so is foreign aid. Donors of foreign aid, development assistance or development cooperation around the world are already facing new challenges in the changing development architecture. This is an architecture that globally seems to become increasingly forgiving of foreign aid as a win-win concept that also meets the donors’ own national interests—something that has been an unofficial Japanese trademark for many years.This book examines Japan’s development assistance as it transitions away from Official Development Assistance and towards Development Cooperation. In this transition, the strong and reciprocal relationships between Japanese development policy and comprehensive security, diplomacy, foreign, domestic and economic policies are likely to become even more consolidated and integrated. The utilization of, and changes within, Japanese development policy therefore affects not only recipients of foreign aid but also the relationships Japan enjoys with its allies and strategic partners, as well as the relations to competing donors and rivals in the region and around the world. Japanese foreign aid as such provides an extremely interesting case from where regional and even global changes can be understood. Written by a multidisciplinary team of contributors from the fields of political science, international relations, development, economics, public opinion and Japan studies, the book sets out to be innovative in capturing the essence of the changing patterns of development cooperation, and more importantly, Japan’s role in within it, in an era of great change.This book will be of great interest to students and scholars of Japanese Politics, Foreign Policy and International Relations.

Through a discourse analysis of Japanese parliamentary debates, this book explores how different understandings of Japan’s history have led to sharply divergent security policies in the postwar period, whilst providing an explanation for the much-debated security policy changes under Abe Shinzō.Analyzing the ways identities can be constructed through ‘temporal othering,’ as well as ‘spatial othering,’ this book examines the rise of a new form of identity in Japan since the end of the Cold War, one that is differentiated not from prewar and wartime Japan, but from postwar Japan. The champions of this identity, it argues, see the postwar past as a shameful period, characterized by self-imposed military restrictions, and thus the relentless chipping away of these limitations in recent years is indicative of how dominant this identity has become. Exploring how these military restrictions have shifted from being a symbol of pride to a symbol of shame, this book demonstrates the concrete ways in which the past can both enable and constrain policy.Temporal Identities and Security Policy in Postwar Japan will be invaluable to students and scholars of Japanese politics and foreign policy, as well as international relations more generally.

The world order as we know it is currently undergoing profound changes, and in its wake, so is foreign aid. Donors of foreign aid, development assistance or development cooperation around the world are already facing new challenges in the changing development architecture. This is an architecture that globally seems to become increasingly forgiving of foreign aid as a win-win concept that also meets the donors’ own national interests—something that has been an unofficial Japanese trademark for many years.This book examines Japan’s development assistance as it transitions away from Official Development Assistance and towards Development Cooperation. In this transition, the strong and reciprocal relationships between Japanese development policy and comprehensive security, diplomacy, foreign, domestic and economic policies are likely to become even more consolidated and integrated. The utilization of, and changes within, Japanese development policy therefore affects not only recipients of foreign aid but also the relationships Japan enjoys with its allies and strategic partners, as well as the relations to competing donors and rivals in the region and around the world. Japanese foreign aid as such provides an extremely interesting case from where regional and even global changes can be understood. Written by a multidisciplinary team of contributors from the fields of political science, international relations, development, economics, public opinion and Japan studies, the book sets out to be innovative in capturing the essence of the changing patterns of development cooperation, and more importantly, Japan’s role in within it, in an era of great change.This book will be of great interest to students and scholars of Japanese Politics, Foreign Policy and International Relations.