From new liberalism to neoliberalism: Japanese economists and the welfare state before the 1980s

Tamotsu Nishizawa, Yukihiro Ikeda

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The chapter explores the intellectual background of the shift toward neoliberal policymaking in Japan. There existed a variety of New Liberal and neoliberal traditions in the Japanese economic thought, which meant the transition from one welfare regime to the next did not necessarily rest on imported ideas. The chapter describes New Liberalism and social liberalism between the wars and the intellectual basis of the postwar welfare regime (focusing on Fukuda, Ishibashi, and Ueda). It then describes the New Liberalism and neoliberalism in the postwar business world (focusing on Keizai-doyukai, the Japan Economic Research Institute, and the Institute of World Economy). The chapter describes the rise of neoliberalism, first under the radar, then explicitly after the mid-1970s (when Hayek won the Nobel Prize), focusing on Nishiyama.

Original languageEnglish
Title of host publicationLiberalism and the Welfare State
Subtitle of host publicationEconomists and Arguments for the Welfare State
PublisherOxford University Press
Pages75-97
Number of pages23
ISBN (Electronic)9780190676681
DOIs
Publication statusPublished - 2017 Jan 1

Fingerprint

Economists
Liberalism
Welfare state
Neoliberalism
Welfare regimes
Japan
Nobel prize
Economic research
World economy
Economic thought
Policy making

Keywords

  • Friedrich hayek
  • Keizai-doyukai
  • Mont pelerin society
  • Neoliberalism
  • New liberalism
  • Social liberalism
  • Wilhelm röpke

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

Cite this

Nishizawa, T., & Ikeda, Y. (2017). From new liberalism to neoliberalism: Japanese economists and the welfare state before the 1980s. In Liberalism and the Welfare State: Economists and Arguments for the Welfare State (pp. 75-97). Oxford University Press. https://doi.org/10.1093/acprof:oso/9780190676681.003.0005

From new liberalism to neoliberalism : Japanese economists and the welfare state before the 1980s. / Nishizawa, Tamotsu; Ikeda, Yukihiro.

Liberalism and the Welfare State: Economists and Arguments for the Welfare State. Oxford University Press, 2017. p. 75-97.

Research output: Chapter in Book/Report/Conference proceedingChapter

Nishizawa, T & Ikeda, Y 2017, From new liberalism to neoliberalism: Japanese economists and the welfare state before the 1980s. in Liberalism and the Welfare State: Economists and Arguments for the Welfare State. Oxford University Press, pp. 75-97. https://doi.org/10.1093/acprof:oso/9780190676681.003.0005
Nishizawa T, Ikeda Y. From new liberalism to neoliberalism: Japanese economists and the welfare state before the 1980s. In Liberalism and the Welfare State: Economists and Arguments for the Welfare State. Oxford University Press. 2017. p. 75-97 https://doi.org/10.1093/acprof:oso/9780190676681.003.0005
Nishizawa, Tamotsu ; Ikeda, Yukihiro. / From new liberalism to neoliberalism : Japanese economists and the welfare state before the 1980s. Liberalism and the Welfare State: Economists and Arguments for the Welfare State. Oxford University Press, 2017. pp. 75-97
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