The Ministry: The Inside Story of Japan’s Ministry of Finance

The Ministry: The Inside Story of Japan’s Ministry of Finance

by PeterHartcher (Author)

Synopsis

The extraordinary account of how Japan's most powerful institution, the Ministry of Finance, maintains tenacious control over the nation's economy. * This first full-length expose of Japan's all-powerful institution, the Ministry of Finance, not only reveals the inner workings of the Ministry but also sounds a warning about the impact of its growing abuses of power on world financial markets. * Japan's Ministry of Finance -- the mighty Okurasho -- controls the majority of the country's largest corporations, banks, and national financial institutions. Yet, it bows to neither Parliament nor Prime Minister. In effect, its actions can sway the Japanese economy and affect financial markets worldwide. The real danger lies in the fact that it has focused on nation-building at any cost, acting increasingly from pure unenlightened self-interest -- as evidenced by its role in the recent Daiwa scandal.

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More Information

Format: Paperback
Pages: 320
Edition: New
Publisher: HarperCollins Business
Published: 01 Mar 1999

ISBN 10: 0006388795
ISBN 13: 9780006388791

Media Reviews
'A timely work on how the Ministry of Finance is promoting the crash of Japan's entire financial system.' Kenichi Ohmae, author of The Borderless World
Author Bio
Peter Hartcher is an Australian journalist who has lived and worked in Japan for six years. He first worked in Tokyo as bureau chief for the Sydney Morning Herald, before taking up a post on the Australian Financial Review. He currently lives in Sydney, where he works as the Asia-Pacific editor for the Australian Financial Review.