1. Money Politics--Corruption
Very close relation between business
and government
Known as the Iron Triangle
Symbolized by MITI (Ministry of International
Trade and Industry)
gov't tells
companies what to make, who makes it,
subsidizes
loans, worker training,
encourage corporate mergers or bankruptcy,
restricts imports (protects market) through informal means.
Note: in 2001,
there was a reogranization in the Japanese government
MITI was changed to METI (ministry of Economy, Trade and Industry)
Reflects new policies of less direct government control of economy
Ongoing corruption: Lockheed
1971; Cosmos Recruit 1988
ultimately
undermined legitimacy of LDP
Gov't lets banks maintain bad loans
on their books; big problem
like U.S.
Savings and Loans crisis in the 1980's, but never solved
This is the
root of Japan's current finance crisis
2. Political Restructuring:
reapportionment
Party System: Will dominant one-party
system evolve into 2 party system or multiparty system?
3. Economic problems:
Bubble economy broke around 1990, economy in slump.
Maybe beginning to recover.
What is the problem, What to do?
a. International competition issues:d. Economic structural reforms?
Japan's strategy was to export high value products
made with high priced labor and brain power.
Japan's prices were very high
Now other places can compete (Taiwan, Korea, China)
Shift manufacturing to China (more profits, more unemployment)
This issue remains unsolved.b. Internal business management issues -- incentives, labor resources
keep permanent employment? Allow layoffs, shifting jobs.
incentives for entrepreneurship, creativity, flexibilityc. government fiscal policy:
spent a lot of mony for infrastructure (roads, bridges, flood control), very little economic pay-off.
e. demographic issuesf. Environment:
graying of society
new youth values of independence and fun
4. Foreign Policy Questions:
Background Notes
Japan's (McArthur) Constitution at Article 9 prohibits Japan from using force in foreign policy and from having regular military forces.Questions:
It has no "army" but does have a powerful "self-defense force"Japan has treaty with US; US has military forces in Japan and provides nuclear umbrella.
pro:
make Japan more independent of US
have strategic power match economic power
could undertake UN peace keeping missions
could play larger role in UN
maybe be permanent member of security council
con:
rearming would frighten China, other Asian neighbors (former victims)
would trigger an Asian arms race
The last government
(Koizumi) did expand the role of Japan abroad
provided support to US navy in military operations re: Iraq
has been in UN peacekeeping -- civilian police to East
Timor
Prime Minister
Abe, started fall, 2006 may continue this
direction
b. Does Japan need to be more responsive
to anxieties of neighbors
school text book descriptions of history
1
, Yasukuni Shrine
1 - 2
Should it be more like Germany?
c. Relative importance of trade and political relations with U.S., China, Russia
d. How to manage the potential threat of North Korea collapsing