"Japanese Resistance to American Financial Hegemony: Global Versus Domestic Social Norms" is the sixth talk in the Nissan Seminar Series, hosted by the Nissan Institute of Japanese Studies, University of Oxford.
Why has the convergence of Japan’s bank-centered financial system to an American-style capital market-based model lost steam since the mid-2000s, despite financial deregulation during the 1980s and 1990s? Examining the ideational conflict within Japanese elites between the market liberalization and anti-free market camps, the book scrutinizes the American and Japanese credit rating agencies operating in Tokyo and explores the differences between the two major industrial associations, Keidanren and Doyukai, which have played a key role as ideational platforms for Japanese corporate society. It argues Japanese society’s anti-liberal, anti-free market norms centered on systemic support are a form of counter-hegemony, but also that this resistance has generated growing problems for Japan.
Fumihito (Fumi) Gotoh is a Teaching and Research Fellow in the Department of Politics and International Studies at the University of Warwick.
Registration is required.
The Zoom Waiting Room will open fifteen minutes before the talk and attendees will automatically join the talk at the scheduled start time.
Do you have a question you would like to ask the guest speaker? When you register, you will be given the opportunity to submit a question. There will also be the opportunity to ask questions in the Q&A chat feature of Zoom.
Professor Hugh Whittaker
Dr Natalia Doan
Dr Giulio Pugliese