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Steffen HEINRICH, Japanese Political Economy Revisited: Abenomics and Institutional Change, Social Science Japan Journal, Volume 25, Issue 1, Winter 2022, Pages 185–188, https://doi.org/10.1093/ssjj/jyab035
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Extract
Around the turn of the millennium, even scholars with no particular interest in Japan became intrigued by the question of whether Japan’s once exceptionally successful ‘variety of capitalism’ could survive, albeit in a modified form, or whether there would be an irresistible (even if gradual) movement towards ‘Anglo-Saxon capitalism’. The often-comparative works of scholars such as Ronald Dore, Wolfgang Streeck and Yamamura Kōzo, Kathleen Thelen and Kume Ikuo, to name only a few, have generally aged well and still offer many useful insights and analytic perspectives on contemporary processes of change. However, readers of this new volume, a reprint of a special issue originally published in Japan Forum in 2017, will likely conclude that only now can we get a clear sense of the implications of—as well as the conflicts inherent in—current processes of change in Japan’s political economy, many of which were only partially visible, if at all, 20 years ago.
