Sample Essay on:
Failure Of Reform In Japan Since 1991

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14 pages in length. The extent to which Japan has failed in reforming itself since 1991 is indicative of the contributions of myriad elements, including political, economic, socio-cultural and demographic issues. When one examines these particular concerns as they relate to Japan's inability to exact reform throughout the past decade, it is important to focus upon the key issues that played directly into this failure, such as the quest for liberal democracy and the Asian economic crisis. Bibliography lists 10 sources.

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14 pages (~225 words per page)

File: LM1_TLCJpRfm.rtf

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one examines these particular concerns as they relate to Japans inability to exact reform throughout the past decade, it is important to focus upon the key issues that played directly into this failure, such as the quest for liberal democracy and the Asian economic crisis. II. THE ASIAN ECONOMIC CRISIS Much of Japans struggle to successfully establish reform rests upon the ill effects of the Asian economic crisis, a period in which a number of occurrences created a great deal of financial hardship for the primary Southeast Asian countries involved. Determining their pattern of individual economic development has led to a better understanding of how such a catastrophic situation could escalate to such a status; however, Japan has been accused of having had at least a partial involvement with regard to the instigation of the economic crisis, placing the nation in a precarious position with its keiretsu system. The factors involved in the Asian crisis are many and varied: inferior banking practices; a habitual tendency to utilize debt to finance long-term investments; deflated currency as a result of being tied to an appreciating US dollar, among other incriminating situations. While these stood to work together as a significant reason why the crisis took place, they were all but a part of an even bigger force: the fact that a majority of Asian countries are all seeking to gain export growth strategies at the same time. In attempting to flood the foreign market with their goods -- primarily to the United States, which is one of the only genuinely open economies -- they created a substantial overabundance in product that was directly attributable to the economic crisis. At the time, economic analysts contended that "Southeast Asian countries will have to help Japan. That is because ...

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