Amakudari: The Post-Retirement Employment of Elite Bureaucrats in Japan
This paper analyzes the amakudari practice in Japan. Amakudari refers to situations where government agencies contact the private firms that they regulate, asking them to provide employment for their retiring elite bureaucrats. Upon employment at the private firms, bureaucrats may collude with their former employers to secure lucrative government contracts, avoid regulatory inspections, or obtain preferential treatment. This paper provides an explicit formalization of the implicit collusion between the regulator and the regulated.
|Date of creation:||2009|
|Date of revision:|
|Contact details of provider:|| Postal: 2-15-45, Mita, Minato-ku, Tokyo 108-8345|
Web page: http://ies.keio.ac.jp/old_project/old/gcoe-econbus/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Yamori, Nobuyoshi, 1998. "Bureaucrat-managers and corporate governance: expense-preference behaviors in Japanese financial institutions," Economics Letters, Elsevier, vol. 61(3), pages 385-389, December.
- Bulow, Jeremy & Roberts, John, 1989. "The Simple Economics of Optimal Auctions," Journal of Political Economy, University of Chicago Press, vol. 97(5), pages 1060-90, October.
- Horiuchi, Akiyoshi & Shimizu, Katsutoshi, 2001. "Did amakudari undermine the effectiveness of regulator monitoring in Japan?," Journal of Banking & Finance, Elsevier, vol. 25(3), pages 573-596, March.
- Bagnoli, M. & Bergstrom, T., 1989.
"Log-Concave Probability And Its Applications,"
89-23, Michigan - Center for Research on Economic & Social Theory.
- Suzuki, Kenji, 2004. "The Changing Pattern of Amakudari Appointments - The Case of Regional Banks 1991-2000," EIJS Working Paper Series 187, The European Institute of Japanese Studies.
- Edwards, Franklin R, 1977. "Managerial Objectives in Regulated Industries: Expense-Preference Behavior in Banking," Journal of Political Economy, University of Chicago Press, vol. 85(1), pages 147-62, February.
- Asano, Akihito & Eto, Takaharu, 2006. "The paradox of limited deposit insurance under the amakudari practice in the Japanese banking system," Journal of Asian Economics, Elsevier, vol. 17(1), pages 126-143, February.
- Toke S. Aidt, 2003. "Economic analysis of corruption: a survey," Economic Journal, Royal Economic Society, vol. 113(491), pages F632-F652, November.
When requesting a correction, please mention this item's handle: RePEc:kei:dpaper:2009-011. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Global COE Program Office)
If references are entirely missing, you can add them using this form.