Introduction
This chapter describes a series of public reforms in Japan since the 1980s. This reform includes the introduction of the market mechanism, the performance evaluation, and the division of decision-making and implementation. This chapter focuses on the introduction of the market mechanism: privatization and deregulation.
Firstly, privatization was held in the 1980s and the 2000s. The process of privatization includes not only just selling public corporations but also subdividing a company. Methods of division include horizontal separation and vertical separation. Horizontal separation refers to separate a public corporation by region, such as west, central, and east, or by function of business, such as a passenger company and a freight company. Vertical separation refers to separate a public corporation into a company which obtains infrastructure and a company which uses it. The process of privatization has raised...
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Takamatsu, J. (2018). Privatization and Deregulation in Japan. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_3501-1
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DOI: https://doi.org/10.1007/978-3-319-31816-5_3501-1
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