Japan’s governance problem

John Plender, columnist in the FT, has a column (subscription only) in Wednesday's edition talking about the "accountability gap" in Japanese corporate governance.He wrote:...There is a corporate governance vacuum. Before the economic bubble burst in the early 1990s, the postwar model of capitalism known as “Japan Inc” incorporated governance disciplines based on a main bank …

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The muddy waters of the post-Koizumi era

For those who want a general overview of the present state of Japanese politics -- what's changed, what hasn't -- check out this article by Tokyo University professor Kabashima Ikuo and PhD candidate Okawa Chihiro. Published at Japan Echo, a monthly journal that publishes translations of scholarly articles originally written in Japanese, Kabashima and Okawa …

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Japan’s evolving democracy…aimed squarely at USFJ?

In light of this recent post on encouraging signs that the realignment of the US military presence may at last be ready to move forward to a conclusion that satisfies both countries, I found this op-ed in the Japan Times by journalist Hanai Kiroku interesting, in that it shows how the US military presence has, …

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Political Tourette’s Syndrome?

The new Diet session is more or less on hold, as the DPJ and other opposition parties have decided to boycott the Lower House's Budget Committee meetings on supplemental expenditures until Health, Labor, and Welfare Minister Yanigasawa resigns.Although Abe has apologized for his subordinate's remarks, the opposition has continued to push for resignation.And not without …

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