Japanese Economic Policy 2100-MON-PGJ-OG

Course Objectives:
To present the historical and contemporary development of Japan’s economic policy.
To analyze the Japanese model of capitalism and its evolution.
To understand the role of the state in Japan’s economic development (MITI, METI, industrial and trade, fiscal, and monetary policies).
To explore Japan’s response to global economic and social challenges.
To examine key issues facing Japan’s economy in the 21st century.

Type of course

obligatory courses
general courses

Mode

Classroom

Prerequisites (description)

No previous knowledge of Japan, Japanese language, or prior enrollment in a particular course is required. Basic knowledge of economics, economic systems and economic policy is highly recommended

Course coordinators

Term 2025Z:

Karina Jędrzejowska

Term 2024Z:

Tetsuo Hayashi

Learning outcomes

After completing the course, students will be able to:
Understand the major stages of Japan's economic policy development,
Analyze the mechanisms of government intervention in the Japanese economy,
Identify key economic institutions and their roles in policymaking,
Critically assess the successes and failures of Japanese economic policy,
Recognize current challenges including demography, debt, and economic stagnation, or challenges of the energy policy.

Assessment criteria

graded pass: attendance, presentation of a case study, attendance, online assignments.

Practical placement

Non-applicable.

Bibliography

Selected literature:
R. Katz, Japan: The System That Soured, Routledge 2015.
Ch. Johnson, Japan – Who Governs? – The Rise Of The Developmental State, WW Norton 1995.
Ch. Johnson, MITI and the Japanese Miracle: The Growth of Industrial Policy, Stanford University Press 1982.
S. Vogel, Japan Remodeled: How Government and Industry Are Reforming Japanese Capitalism, Cornell University Press 2006.
T. Ito & T. Hoshi, The Japanese Economy, MIT 2020.
K. Ohno, The History of Japanese Economic Development, Routledge 2018.
Official reports from (selected): METI, Bank of Japan, OECD, WTO.
Academic papers;
Materials provided by the Lecturer.

Additional information

Information on level of this course, year of study and semester when the course unit is delivered, types and amount of class hours - can be found in course structure diagrams of apropriate study programmes. This course is related to the following study programmes:

Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system:

Description of 2100-MON-PGJ-OG in USOSweb