The empire strikes back: in Japan, the big boys play - and taxpayers pay
Article Abstract:
New Japanese Prime Minister Ryutaro Hashimoto continues the recent trend of espousing changes in government while pushing for more spending and further taxes. He gained his popularity by resisting US trade pressures, often wisely so, but efforts to bail out the banks for their bad decisions are the opposite of standing up for Japan. The country's banking system will only regain credibility when bankers are held accountable and not backed up by the public purse, and wage-earners can keep the money they make.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Voters as consumers: Japanese opt for a genuine opposition
Article Abstract:
The results of the Jul 18, 1993, election in Japan are a victory for reform and for consumerism. The pro-business Liberal Democratic Party failed to win a majority for the first time in 38 years, and the Social Democratic Party lost nearly half its seats. The three new right-of-center parties now have the opportunity to form an effective opposition that can support reform and consumer rights.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Tokyo's real scandal: Japan Inc. encourages business-government graft
Article Abstract:
Japan's high degree of centralization enables a few politiciansand bureaucrats to virtually control the country's economic life. The country'scentrally controlled system has been a breeding ground for graft and corruption. Compounding the problem is the ineffectiveness of politicians against the entrenched bureaucracy which actually determines the country's policies.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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