Daron Acemoglu and James Robinson, Economic Origins of Dictatorship and Democracy, Cambridge: Cambridge University Press, 2006
In: Japanese journal of political science, Band 7, Heft 3, S. 307-309
ISSN: 1474-0060
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In: Japanese journal of political science, Band 7, Heft 3, S. 307-309
ISSN: 1474-0060
In: Japanese journal of political science, Band 7, Heft 3, S. 307-309
ISSN: 1468-1099
In: Political science quarterly: a nonpartisan journal devoted to the study and analysis of government, politics and international affairs ; PSQ, Band 117, Heft 4, S. 687-688
ISSN: 1538-165X
In: Political science quarterly: PSQ ; the journal public and international affairs, Band 117, Heft 4, S. 687-688
ISSN: 0032-3195
In: American political science review, Band 93, Heft 4, S. 1003-1004
ISSN: 1537-5943
In: https://doi.org/10.7916/D89311PM
On November 28 1986, the Ministry of Finance's Securities Exchange Advisory Council proposed a significant relaxation of restrictions on domestic corporate bond issuance. The number of corporations eligible for issuing unsecured straight bonds would triple, the issuing unit of privately placed bonds would quintuple, and firms would be permitted to issue at any time during the month instead of at month's end as formerly stipulated. Moreover, firms with a high enough corporate rating would be allowed to issue unsecured bonds. At first glance, this would appear to be a serious blow to the interests of the banking community: the easier it is for corporations to issue bonds, the less they must depend on banks loans for their external financing. In fact, however, most banks did not fight the change. This chapter will explain why not. Changes in the bond market help to explain the trend towards direct finance in Japan. Secondly, an examination of the process helps to generate more general propositions as to the how and why of financial deregulation. Thirdly, this case study affords a penetrating look at the government-business nexus in Japan.
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World Affairs Online
In: Studies of the East Asian Institute Columbia University
In: PS: political science & politics, Band 52, Heft 4, S. 646-649
ISSN: 1537-5935
In: Asian survey, Band 52, Heft 1, S. 15-27
ISSN: 1533-838X
Japan's government under the Democratic Party of Japan has limped along for another year, hampered by a divided legislature and an aging population reluctant to pay for the pensions and services it requires. The natural disasters of March 2011 were a tragic sideshow to the deep political problems that continue to plague Japan.
In: Asian survey, Band 52, Heft 1, S. 15-27
ISSN: 1533-838X
In: Asian survey: a bimonthly review of contemporary Asian affairs, Band 52, Heft 1, S. 15-27
ISSN: 0004-4687
World Affairs Online
In: Asian survey: a bimonthly review of contemporary Asian affairs, Band 52, Heft 1
ISSN: 0004-4687
In: The Yale review, Band 99, Heft 4, S. 49-54
ISSN: 1467-9736
In: Asian survey: a bimonthly review of contemporary Asian affairs, Band 51, Heft 1, S. 41-53
ISSN: 0004-4687
World Affairs Online