Crisis and Compensation: Public Policy and Political Stability in JapanWhy does Japan, with its efficiency oriented technocracy, periodically adopt welfare oriented, economically inefficient domestic policies? In answering this question Kent Calder shows that Japanese policymakers respond to threats to the ruling party's preeminence by extending income compensation, entitlements, and subsidies, with market oriented retrenchment coming as crisis subsides. "Quite simply the most ambitious and strongly argued interpretation
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Crisis and Compensation: Public Policy and Political Stability in Japan