Digital transformation and demographic change are usually seen as two separate but equally threatening events that foreshadow job replacement, industrial decline, and social bifurcation. Because Japan is the world's frontrunner in demographic change with an ageing and shrinking society, it is facing these two disruptions at the exact same time. This creates a 'lucky moment,' as it presents an opportunity to employ one as a solution for the problems caused by the other. For example, Japan's traditional sectors are replaced by digital systems that demand fewer people while offering new jobs. Emerging technologies are opening fresh opportunities for Japanese companies to compete globally. The twin disruptions are also upending Japan's political economy. As companies reinvent business strategies and employees reskill to pursue individual careers, the state is reorganizing to find a new role in balancing the unfolding demands of the digital economy.

Japan's first decade of the twenty-first century is often called the "second lost decade," following the post-bubble "lost decade" of the 1990s, characterized by policy paralysis and overall lackluster economic growth. For those studying Japan more closely, however, the same decades reveal nothing short of a broad transformation in numerous core tenets of Japan's postwar political economy. How can we best capture this transformation?

Each chapter in this volume examines a different aspect of Japan's political economy within a longer historical trajectory, from multiple angles, to depict a flexible but resilient system. They include: a comprehensive overview of the political economy; Japan's financial system; corporate reorganization; the politics of reform; small and medium enterprises and the labor market; compensation systems; and foreign multinational corporations. The editors characterize Japan's process of change as syncretism --practices foreign, domestic, old and new were selectively adopted, mixed and matched, along the way creating a new and unique hybrid system.

In the past twenty years, Japan has undergone dramatic changes. Electoral reform has altered the relationship between politicians and voters, and Japan is increasingly a two-party system. The popularity of former prime minister Koizumi Junichiro highlighted the salience of telegenic party leaders.

Amid so many shifts, it remains unclear whether such changes will stand the test of time and where Japanese politics is heading. However, it is not too early to assess the permanence and the direction of political change in Japan. Each chapter in this wide-ranging volume addresses a key political development in Japan --from "stealing votes" to the constraints that women candidates face.

Intended for scholars and students who study Japan, this timely volume also provides valuable reading for comparative political scientists. With contributions from some of the most distinguished scholars working on Japan today, Political Change in Japan seeks to answer the question: Was political reform in Japan a revolution or a flash in the pan?

Japan Agricultural Cooperatives (JA), a nationwide network of farm cooperatives, is under increasing pressure to expand farmer incomes by adapting coop strategies to changing market incentives. Some coops have adapted more successfully than others. In Betting on the Farm, Patricia L. Maclachlan and Kay Shimizu attribute these differences to three sets of local variables: resource endowments and product-specific market conditions, coop leadership, and the organization of farmer-members behind new coop strategies. Using in-depth case studies and profiles of different types of farmers, Betting on the Farm also explores the evolution of the formal and informal institutional foundations of postwar agriculture; the electoral sources of JA's influence; the interactive effects of economic liberalization and demographic pressures (an aging farm population and acute shortage of farm successors) on the propensity for change within the farm sector; and the diversification of Japan's traditional farm households and the implications for farmer ties with JA.