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Paperback Crisis and Compensation: Public Policy and Political Stability in Japan Book

ISBN: 0691023387

ISBN13: 9780691023380

Crisis and Compensation: Public Policy and Political Stability in Japan

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Format: Paperback

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Book Overview

Why does Japan, with its efficiency-oriented technocracy, periodically adopt welfare-oriented, economically inefficient domestic policies? In answering this question Kent Calder shows that Japanese policymakers respond to threats to the ruling party's preeminence by extending income compensation, entitlements, and subsidies, with market-oriented retrenchment coming as crisis subsides. "Quite simply the most ambitious and strongly argued interpretation...

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