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Continuity and Change in Japan’s Development Model: Dynamic Interaction between Developmentalism and Clientelism

  • Asia Review
  • Abbr : SNUACAR
  • 2022, 12(2), pp.73~106
  • Publisher : 아시아연구소
  • Research Area : Social Science > Social Science in general
  • Received : June 9, 2022
  • Accepted : July 29, 2022
  • Published : August 31, 2022

Seungjoo Lee 1

1중앙대학교

Accredited

ABSTRACT

This article aims to identify the nature of the change in Japan’s development model after the 2008 Global Financial Crisis and to explain the dynamic process of change. The Japanese developmental model, which had been exposed to the pressures of change since the 1990s, entered a transition period after 2008. Japan’s political economy has witnessed a series of domestic and international crises, including the Global Financial Crisis of 2008, regime change to the Democratic Party in 2009, the Great East Japan Earthquake in 2011, and the Liberal Democratic Party’s (LDP’s) return to power in 2012. This study posits that the dual dynamics of continuity and change has unfolded in the Japanese political economy in the 2010s, claiming that the simplified dichotomy of continuity or discontinuity is unable to shed light on the changing dynamics of Japan’s development model. In order to overcome the analytic pitfall, I attempt to explain the changes in Japan’s development model from the perspective of dynamic changes: the formation and unraveling of equilibrium and the creation of a new equilibrium.

Citation status

* References for papers published after 2023 are currently being built.

This paper was written with support from the National Research Foundation of Korea.