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Unmaking the Japanese Miracle: Macroeconomic Politics 1985–2000. By William W. Grimes. Ithaca, NY: Cornell University Press, 2001. 288p. $39.95

Published online by Cambridge University Press:  09 January 2004

Ronald Dore
Ronald Dore
Affiliation:
London School of Economics
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Extract

For a blow-by-blow historical narrative of the evolution of Japanese monetary and fiscal policy from the Plaza agreement to the point at which the American recession was beginning to nip Japanese recovery in the bud, this book would be hard to beat. It is a lucid, cogent account, based on a wealth of documentary and interview sources—albeit sometimes with a bit too much reliance on hindsight-rich analysis and self-justifying memoirs, rather than press reports of the policy arguments as they were presented at the time.

Type
Book Reviews
Information
Perspectives on Politics , Volume 1 , Issue 1 , March 2003 , pp. 208 - 209
Copyright
2003 by the American Political Science Association

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