As Japan moves from a "catch-up" strategy to a post-developmental stage, it is changing its actions and reactions both in terms of international political economy and domestic policy issues. The current changes in Japan can best be understood as following a path toward "permeable insulation." Japan's government and economic system continue to insulate domestic businesses from full competition and the rigor of market forces, but this insulation is also permeable because a decline in state power vis-a-vis the private sector since the 1990s has combined with a decline in the solidarity of private institutions (such as keiretsu or trade associations) to make strategies of insulation much less rigid and uniform. As a result of the "permeable insulation," Japan's response to the global and domestic challenges of the 1990s is neither one of full acceptance nor rejection of global standards and practices. Instead, the basic scheme is one of pragmatic utilization of new rules and circumstances to continue industrial policies of promotion or protection in a new post-developmental era. By bringing together in-depth case studies of eight critical issue areas, this book looks at Japan's responses to globalization and move toward "permeable insulation." Part 1 introduces the reader to the concept of "permeable insulation" and provides a detailed review of past practices and changes in policy. Part 2 deals with international trade issues, Japan's compliance with and resistance to global trade rules, and the domestic interests visible in Japan's compliance. Part 3 focuses on domestic measures and policies that Japanese firms have used to adapt to the changes, within Japan and abroad, triggered by globalization and liberalization.
Since the Asian Financial Crisis of 1997-98, East Asian economies have sought to make themselves less vulnerable to global financial markets by transforming the regional financial architecture. With Japan as a leading actor, they have introduced initiatives to provide emergency financing to crisis economies, support the development of local-currency bond markets, and better coordinate currency policies. In Currency and Contest in East Asia, William W. Grimes builds on years of primary research and scores of interviews with participants and policy analysts to provide the most accurate, complete, and detailed description available of attempts to build financial cooperation among East Asian countries. Adapting realist political economy theory to the realities of contemporary global finance, Grimes places regional issues firmly in the wider context of great-power rivalries. He argues that financial regionalism can best be understood as one arena for competition among Japan, the United States, and China. Despite their mutual desire for regional prosperity and economic stability, these three powers have conflicting political interests. Their struggles for regional leadership raise questions about the long-term feasibility of regional financial cooperation, the possible effects of Sino-Japanese rivalry on regional financial stability, and the potential for East Asian financial regionalism to undermine the long-established-albeit waning-global and regional dominance of the United States and the dollar.
In the last fifteen years, Japan's economy has gone from model of success to object lesson in failure. William W. Grimes offers a richly detailed, insider's view of the key macroeconomic policies and events in contemporary Japan, as well as a close examination of the causes and effects of these upheavals. It is difficult to believe that the "Bubble Economy" of the late 1980s and the failed attempts at economic stimulation in the following decade both arose from the same policies. In Unmaking the Japanese Miracle, Grimes shows that this is precisely what happened. Focusing less on what went wrong than on why it went wrong, Grimes finds that mistaken macroeconomic policies—loose money in the late 1980s, excessively tight money until 1992, and only grudging use of expansionary fiscal policy until 1998—largely caused Japan's economic problems. Based on scores of interviews with Japanese policymakers, his is the first political explanation of why these catastrophic policies were carried out by the Ministry of Finance, the Bank of Japan, and the Diet. Various economic shocks were met, Grimes says, with a consistent and often inappropriate pattern of responses. This pattern has fundamentally altered because of changes within the three policymaking institutions since 1998.
Reprint of the original, first published in 1872. The publishing house Anatiposi publishes historical books as reprints. Due to their age, these books may have missing pages or inferior quality. Our aim is to preserve these books and make them available to the public so that they do not get lost.
Lincoln Prize winner William C. Harris turns to the last months of Abraham Lincoln's life in an attempt to penetrate this central figure of the Civil War, and arguably America's greatest president. Beginning with the presidential campaign of 1864 and ending with his shocking assassination, Lincoln's ability to master the daunting affairs of state during the final nine months of his life proved critical to his apotheosis as savior and saint of the nation. In the fall of 1864, an exhausted president pursued the seemingly intractable end of the Civil War. After four years at the helm, Lincoln was struggling to save his presidency in an election that he almost lost because of military stalemate and his commitment to restore the Union without slavery. Lincoln's victory in the election not only ensured the success of his agenda but led to his transformation from a cautious, often hesitant president into a distinguished statesman. He moved quickly to defuse destructive partisan divisions and to secure the adoption of the Thirteenth Amendment. And he skillfully advanced peace terms that did not involve the unconditional surrender of Confederate armies. Throughout this period of great trials, he managed to resist political pressure from Democrats and radical Republicans and from those seeking patronage and profit. By expanding the context of Lincoln's last months beyond the battlefield, Harris shows how the events of 1864-65 tested the president's life and leadership and how he ultimately emerged victorious, and became Father Abraham to a nation.
A classic account of the 40-year Naval career of Benjamin Franklin Isherwood, whose contributions to Naval engineering helped usher in the development of the modern American Navy. Focusing on the years during and immediately after the Civil War, this study chronicles the extensive contributions made by Isherwood in expanding the size and scope of the U.S. Navy.
The 1850s saw in America the breakdown of the Jacksonian party system in the North and the emergence of a new sectional party--the Republicans--that succeeded the Whigs in the nation's two-party system. This monumental work uses demographic, voting, and other statistical analysis as well as the more traditional methods and sources of political history to trace the realignment of American politics in the 1850s and the birth of the Republican party. Gienapp powerfully demonstrates that the organization of the Republican party was a difficult, complex, and lengthy process and explains why, even after an inauspicious beginning, it ultimately became a potent political force. The study also reveals the crucial role of ethnocultural factors in the collapse of the second party system and thoroughly analyzes the struggle between nativism and antislavery for political dominance in the North. The volume concludes with the decisive triumph of the Republican party over the rival American party in the 1856 presidential election. Far-reaching in scope yet detailed in analysis, this is the definitive work on the formation of the Republican party in antebellum America.
Over the course of the Civil War, fifty-nine men served as governors of the twenty-five Union states. Although these state executives were occasionally obstructionist and often disagreed amongst themselves, their overall cooperation and counsel bolstered the policies put forth by Abraham Lincoln and proved essential to the Union’s ultimate victory. In this revealing volume, award-winning historian William C. Harris explores the complex relationship between Lincoln and the governors of the Union states, illuminating the contributions of these often-overlooked state leaders to the preservation of the nation. Lincoln recognized that in securing the governors’ cooperation in the war he had to tread carefully and, as much as possible, respect their constitutional authority under the federal system of government. Contributing to the success of the partnership, Harris shows, was the fact that almost all of the governors were members of Lincoln’s Republican or Union Party, and most had earlier associated with his Whig party. Despite their support for the war, however, the governors reflected different regional interests, and Lincoln understood and attempted to accommodate these differences in order to maintain a unified war effort. Harris examines the activities of the governors, who often worked ahead of Lincoln in rallying citizens for the war, organizing state regiments for the Union army, and providing aid and encouragement to the troops in the field. The governors kept Lincoln informed about political conditions in their states and lobbied Lincoln and the War Department to take more vigorous measures to suppress the rebellion. Harris explores the governors’ concerns about many issues, including the divisions within their states over the war and Lincoln’s most controversial policies, especially emancipation and military conscription. He also provides the first modern account of the 1862 conference of governors in Altoona, Pennsylvania, which provided important backing for Lincoln’s war leadership. By emphasizing the difficult tasks that both the governors and President Lincoln faced in dealing with the major issues of the Civil War, Harris provides fresh insight into the role this dynamic partnership played in preserving the nation’s democratic and constitutional institutions and ending the greatest blight on the republic—chattel slavery.
Schools for All provides the first in-depth study of black education in Southern public schools and universities during the twelve-year Reconstruction period which followed the Civil War. In the antebellum South, the teaching of African Americans was sporadic and usually in contravention to state laws. During the war, Northern religious and philanthropic organizations initiated efforts to educate slaves. The army, and later the Freedmen's Bureau, became actively involved in freed-men's education. By 1870, however, a shortage of funds for the work forced the bureau to cease its work, at which time the states took over control of the African American schools. In an extensive study of records from the period, William Preston Vaughn traces the development—the successes as well as the failures—of the early attempts of the states to promote education for African Americans and in some instances to establish integration. While public schools in the South were not an innovation of Reconstruction, their revitalization and provision to both races were among the most important achievements of the period, despite the pressure from whites in most areas which forced the establishment of segregated education. Despite the ultimate failure to establish an integrated public school system anywhere in the South, many positive achievements were attained. Although the idealism of the political Reconstructionists fell short of its immediate goals in the realm of public education, precedents were established for integrated schools, and the constitutional revisions achieved through the Fourteenth and Fifteenth amendments laid the groundwork for subsequent successful assaults on segregated education.
The Story of the Great Emigration from Ulster to North America in the 18th Century, Together with an Outline of the Part Played by Ulstermen in Building the United States
The Story of the Great Emigration from Ulster to North America in the 18th Century, Together with an Outline of the Part Played by Ulstermen in Building the United States
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