"This is a fine book, one of the best I have read on Japan's political economy in years. . . . Amyx combines well an insightful overall analytical framework with a range and depth of rich supporting detail. This book is essential for anyone interested in Japan's financial system, political economy, or the comparative development of financial systems and their regulatory arrangements, in which Japan is such an important case."--Hugh Patrick, Journal of East Asian Studies
"No one has laid out micro data on the Japanese Ministry of Finance as clearly as Amyx does here. And no wonder they haven't. As Amyx's footnotes testify, the data she has put together were gathered painstakingly from a wide variety of sources, including many interviews with the very people making the decisions. With these data, Amyx gives us with nuance and detail, the inside scoop on the officials who operated some of the most important levers of economic policy during Japan's bubble-and-burst years."--Frances Rosenbluth, Yale University
"A lucidly written and succinct account of why financial supervision in Japan, which had been so successful in the 1970s, became dysfunctional after the 1980s. Deceptively simple, but full of sound views, this timely work serves as a good and coherent account of how the powers of the Ministry of Finance and Japanese politicians were undermined."--Nobuhiro Hiwatari, Tokyo University
"Japan's Financial Crisis is a must-read for any reader interested in Japanese political economy or political economy. It will stand out as a classic interpretation of the peculiar Japanese trajectory."--Yves Tiberghien, Perspectives on Politics
"This is an important contribution to our understanding of regulatory reform, and essential reading for students of Japan's financial markets."--Henry Laurence, Political Science Quarterly
Winner of the Masayoshi Ohira Memorial Award, Masayoshi Ohira Memorial Foundation