Fumihito Gotoh
Fumihito Gotoh is a Lecturer in East Asian Studies at the University of Sheffield. Previously, he was a Teaching and Research Fellow in the Department of Politics and International Studies at the University of Warwick, where he also obtained his PhD. His research interests include Japanese and East Asian politics, International Political Economy, comparative capitalisms (particularly between Anglo-American countries, Japan, China and South Korea), the politics of finance and technology, and credit markets and credit rating agencies. His monograph, Japanese Resistance to American Financial Hegemony: Global versus Domestic Social Norms (Routledge RIPE Series in Global Political Economy), and his co-edited volume, The Future of Multilateralism and Globalization in the Age of the US-China Rivalry, were published by Routledge in 2019 and 2023, respectively. His articles have appeared in Review of International Political Economy, The Pacific Review, Journal of Contemporary Asia, and Contemporary Politics. He used to be a senior credit strategist/analyst for the Industrial Bank of Japan, Merrill Lynch and UBS.
less
Uploads
Papers by Fumihito Gotoh
Examining the ideational conflict within Japanese elites between the market liberalization and anti-free market camps, it scrutinizes the American and Japanese credit rating agencies operating in Tokyo and explores the differences between the two major industrial associations, Keidanren and Doyukai, which have played a key role as "ideational platforms" for Japanese corporate society. The book emphasizes the concept of "systemic support", whose broadened definition incorporates dominant elites’ support and protection of subordinates in exchange for the latter’s obedience and loyalty. It argues that Japanese society’s anti-liberal, anti-free market norms centered on systemic support are a form of counter-hegemony, and this has resisted American financial hegemony, promoting international capital mobility and capital markets, and prevented capitalist dominance from severing long-term social ties such as management-labor cooperation and corporate group alliances. Yet this resistance has generated growing problems for Japan.
With a focus on social norms, bureaucracy, credit rating agencies, industrial associations and corporate governance, this book will provide useful insights for scholars and students of international political economy, sociology, cultural studies, and business studies.
Books by Fumihito Gotoh