Robert Dujarric edit

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  • 24 September 2006

    Japon : un réformisme sans libéralisme

    Japon : un réformisme sans libéralisme

    Les cinq ans et demi du ministĂšre Koizumi ont Ă©tĂ© marquĂ©s par des rĂ©formes significatives. Les banques japonaises ont Ă©tĂ© purgĂ©es de la plupart de leurs prĂȘts douteux, la banque postale a Ă©tĂ© privatisĂ©e et Ă  sa suite d'autres entreprises publiques. Ces rĂ©formes ont suivi la libĂ©ralisation des investissements Ă©trangers et des marchĂ©s financiers initiĂ©e par le Premier ministre au dĂ©but de son mandat.

  • 24 September 2006

    Japan: Reformism without Liberalism

    Koizumi 's five and half years in office were marked by significant reforms. Japanese banks were purged of most of their bad loans, the post office savings bank will be privatised as will some other public entities. The reforms follow the liberalization of foreign investment and financial markets which had taken place in the years following Koizumi's election to the premiership. -->There were two components of Koizumi's reform drive. One, symbolized by Takenaka Heizo, who served in several cabinet positions under Koizumi, was inspired by economic liberalism. The other one was more a function of the internal rivalries of the ruling Liberal Democratic Party (LDP) than of the Prime Minister's attachment to a particular ideology. For example the postal savings corporation was part of the funding mechanisms of anti-Koizumi factions. By privatizing it, and by cutting funding for corrupt public works projects, Koizumi hoped to undermine his enemies within the LDP.