When Professor Morishima's book Why has Japan 'Succeeded'? (1982) was published, Japan was still a country of 'capitalism from above'. For the past ten years the country's economy has faltered and declined. It is turning towards 'capitalism from below' despite Japan's weak democracy. This directional change is investigated through a variety of standpoints, using an in-depth knowledge of the Japanese ethos, national history, educational background, as well as the sociology of the Japanese economy and business world. The author offers a long-term forecast for the future of Japan.

Since the end of the Cold War, Japan's security environment has changed significantly. While, on the global level, the United States is still Japan's most important security partner, the nature of the partnership has changed as a result of shifting demands from the United States, new international challenges such as the North Korean nuclear programme and the rapid rise of China. At the same time, Japan has been confronted with new, ‘non-traditional’ security threats such as international terrorism, the spread of infectious diseases, and global environmental problems. On the domestic level, demographic change, labour migration, economic decline, workplace insecurity, and a weakening impact of policy initiatives challenge the sustainability of the lifestyle of many Japanese and have led to a heightened sense of insecurity among the Japanese public. This book focuses on the domestic discourse on insecurity in Japan and goes beyond military security. The chapters cover issues such as Japan’s growing perception of regional and global insecurity; the changing role of military forces; the perceived risk of Chinese foreign investment; societal, cultural and labour insecurity and how it is affected by demographic changes and migration; as well as food insecurity and its challenges to health and public policy. Each chapter asks how the Japanese public perceives these insecurities; how these perceptions influence the public discourse, the main stakeholders of this discourse, and how this affects state-society relations and government policies. Governing Insecurity in Japan provides new insights into Japanese and international discourses on security and insecurity, and the ways in which security is conceptualized in Japan. As such, it will be of interest to students and scholars working on Japanese politics, security studies and international relations.

Bolder economic policy could have addressed the persistent bouts of deflation in post-bubble Japan, write Gene Park, Saori N. Katada, Giacomo Chiozza, and Yoshiko Kojo in Taming Japan's Deflation. Despite warnings from economists, intense political pressure, and well-articulated unconventional policy options to address this problem, Japan's central bank, the Bank of Japan (BOJ), resisted taking the bold actions that the authors believe would have significantly helped. With Prime Minister Abe Shinzo's return to power, Japan finally shifted course at the start of 2013 with the launch of Abenomics—an economic agenda to reflate the economy—and Abe's appointment of new leadership at the BOJ. As Taming Japan's Deflation shows, the BOJ's resistance to experimenting with bolder policy stemmed from entrenched policy ideas that were hostile to activist monetary policy. The authors explain how these policy ideas evolved over the course of the BOJ's long history and gained dominance because of the closed nature of the broader policy network. The explanatory power of policy ideas and networks suggests a basic inadequacy in the dominant framework for analysis of the politics of monetary policy derived from the literature on central bank independence. This approach privileges the interaction between political principals and their supposed agents, central bankers; but Taming Japan's Deflation shows clearly that central bankers' views, shaped by ideas and institutions, can be decisive in determining monetary policy. Through a combination of institutional analysis, quantitative empirical tests, in-depth case studies, and structured comparison of Japan with other countries, the authors show that, ultimately, the decision to adopt aggressive monetary policy depends largely on the bankers' established policy ideas and policy network.

When "Why Has Japan 'Succeeded'?" (1982) was published, Japan was still a country of "capitalism from above." For the past ten years the country's economy has faltered and declined. It is turning towards 'capitalism from below' despite Japan's weak democracy. This directional change is investigated through a variety of standpoints, using an in-depth knowledge of the Japanese ethos, national history, educational background, as well as the sociology of the Japanese economy and business world. The author offers a long-term forecast for the future of Japan.

Factors that have motivated and shaped Japan's official development assistance towards the pacific islands are explored. Also examined is how Japan has responded to these criticisms and challenges, the impact of competing interests and objectives on Japan's aid policies.