Ozawa Ichirō is one of the most important figures in Japanese politics, having held the positions of Chief Secretary of the Liberal Democrat Party and, after defection from the LDP, President of the Democratic Party of Japan. Ozawa has distinctive ideas that set him apart from the average Japanese politician, he believes in the concept of the independence of the individual, as opposed to the importance of the group, and as a policy entrepreneur he has had a huge impact on political change not only advocating but precipitating institutional change in a key political area – the election system. Using extensive interview data from key players in the political arena, this book examines Ozawa's struggle to normalize alternation in office between two competing political parties – particularly significant given the results of the 2009 election which handed over power to the Democratic Party of Japan – and how he has used his entrepreneurial talents to precipitate and carry out institutional change. Not only a political biography, but also an in-depth analysis of the Japanese political and electoral systems, this book will be of huge interest to anyone interested in Japanese politics and electoral systems.

This book deals with the public policy-making process in contemporary Japan testifying a new dictum: 'The various phases of the policy process cause politics'. The analytical focus is threefold: encompassing the policy-making process on the national level; elections and the policy-making process; and the regional policy and decision-making. These analyses offer a number of original and comparative data on Japanese politics. This book also tries to interpret the basic pattern of Japanese politics, which contributes to a clear understanding of the dynamic aspects of the political process and political economy after the Second World War.

With little domestic fanfare and even less attention internationally, Japan has been reinventing itself since the 1990s, dramatically changing its political economy, from one managed by regulations to one with a neoliberal orientation. Rebuilding from the economic misfortunes of its recent past, the country retains a formidable economy and its political system is healthier than at any time in its history. Japan Transformed explores the historical, political, and economic forces that led to the country's recent evolution, and looks at the consequences for Japan's citizens and global neighbors. The book examines Japanese history, illustrating the country's multiple transformations over the centuries, and then focuses on the critical and inexorable advance of economic globalization. It describes how global economic integration and urbanization destabilized Japan's postwar policy coalition, undercut the ruling Liberal Democratic Party's ability to buy votes, and paved the way for new electoral rules that emphasized competing visions of the public good. In contrast to the previous system that pitted candidates from the same party against each other, the new rules tether policymaking to the vast swath of voters in the middle of the political spectrum. Regardless of ruling party, Japan's politics, economics, and foreign policy are on a neoliberal path. Japan Transformed combines broad context and comparative analysis to provide an accurate understanding of Japan's past, present, and future.

Japan is the third-largest economy in the world and a key ally of the United States. Yet the determinants of Japanese security policy are not well understood. The question of why Japan never sought the independent military capabilities that would be commensurate with its economic power has puzzled scholars of international relations for decades. Applying new tools for the quantitative analysis of text to a new collection of 7,497 Japanese-language election manifestos used in elections between 1986 and 2009, this book argues that the electoral strategies politicians in the ruling party were forced to adopt under Japan's old electoral system made it extraordinarily difficult for them to focus on security issues and to change security policy. It was only when their electoral strategies shifted after electoral reform in 1994 that these same politicians became able to pay attention and change security policy.

We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards building on the approach of Baker, Bloom and Davis (2016). Each index reflects the frequency of newspaper articles that contain certain terms pertaining to the economy, policy matters and uncertainty. Our overall EPU index co-varies positively with implied volatilities for Japanese equities, exchange rates and interest rates and with a survey-based measure of political uncertainty. The EPU index rises around contested national elections and major leadership transitions in Japan, during the Asian Financial Crisis and in reaction to the Lehman Brothers failure, U.S. debt downgrade in 2011, Brexit referendum, and Japan’s recent decision to defer a consumption tax hike. Our uncertainty indices for fiscal, monetary, trade and exchange rate policy co-vary positively but also display distinct dynamics. VAR models imply that upward EPU innovations foreshadow deteriorations in Japan’s macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our study adds to evidence that credible policy plans and strong policy frameworks can favorably influence macroeconomic performance by, in part, reducing policy uncertainty.

Ozawa Ichirō was the axis on which Japanese politics turned for more than two decades. He helped to reshape the electoral system, political funding rules, the evolution of the party system, the nature of executive government, the roles and powers of bureaucrats, and the conduct of parliamentary and policymaking processes. Admired and reviled in almost equal measure, Ozawa has been the most debated and yet least understood politician in Japan, with little agreement to be found amongst the many who have debated his patent political assets and palpable political flaws. This book examines the political goals, behaviour, methods and practices of Ozawa Ichirō, and in doing so, provides fascinating insights into the inner workings of Japanese politics. It explores Ozawa’s paradoxical and conflicting contributions in terms of two contrasting models of ‘old’ and ‘new’ politics. Indeed, therein lies the problem of understanding the ‘real’ Ozawa: he remained a practitioner of old politics despite his rhetorical agenda of change to bring about new politics. In seeking to unravel the Ozawa enigma, Aurelia George Mulgan reveals his primary motivations, to establish whether he sought power primarily to enact reforms, or, whether his reform goals simply disguised power-seeking objectives. This volume seeks to illuminate Ozawa’s true character as a politician, and untangle the complex elements of old and new politics that he represents. Through an in-depth study of Ozawa and his political activities, this book shows how the Japanese political system works at the micro level of individual politicians, political relationships and systems. As such it will be of huge interest to students and scholars of Japanese politics, Asian politics and political systems.

Policy formulation relies upon the interplay of knowledge-based analysis of issues with power-based considerations, such as the political assessment of the costs and benefits of proposed actions, and its effects on the partisan and electoral concerns of governments. Policy scholars have long been interested in how governments successfully create, deploy and utilise policy instruments, but the literature on policy formulation has, until now, remained fragmented. This comprehensive Handbook unites original scholarship on policy tools and design, with contributions examining policy actors and the roles they play in the formulation process.