Japan's first decade of the twenty-first century was both disappointing and bewildering, producing wildly contrasting evaluations. Many have come to call this period the "second lost decade," characterized by policy paralysis and overall lackluster economic growth. For those studying Japan more closely, however, the same decades reveal nothing short of a broad transformation numerous core tenets of Japan's postwar political economy. How can we best capture this transformation?
Each chapter in this volume examines a different aspect of Japan's political economy within a longer historical trajectory, from multiple angles, to depict a flexible but resilient system. We characterize Japan's process of change as syncretism―practices foreign, domestic, old and new were selectively adopted, mixed and matched, along the way creating a new and unique hybrid system.
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Kenji Kushida is the 2010-2011 Walter H. Shorenstein Postdoctoral Fellow at the Walter H. Shorenstein Asia-Pacific Research Center. Kay Shimizu is assistant professor in Columbia University's Department of Political Science, USA. Jean C. Oi is William Haas Professor in Chinese Politics in the department of political science and senior fellow at the Freeman Spogli Institute for International Studies at Stanford University, USA.
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