Part one of term paper
Ever since its establishment in 1955, the Liberal Democratic Party (LDP) has maintained its one-party rule, and it continues to hold the highest executive power, being the prime ministership, and the cabinet. The LDP's one party rule has shaped the Japanese political economy by creating very close ties between the political, bureaucratic, a ...

Part two of term paper
... (i.e. "pork barrel" politics) and the creation of very close personal and financial linkages between government and industry served as the driving force in creating a unique Japanese political economy where business and politics became essentially indistinguishable. Politicians and the bureaucracy were considered to be the most politically influential forces in Japan. However, there was more emphasis on the politicians, especially among the LDP members. In the private sector, the LDP provided sp ...