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Devin Stewart

Entries by Devin Stewart

After Japan's Election, Test of "Abenomics" Begins

(0) Comments | Posted July 23, 2013 | 9:01 AM

Thanks to popular support for his economic revitalization platform, known as "Abenomics," Japanese Prime Minister Shinzo Abe and his ruling Liberal Democratic Party (LDP) won a solid victory in Sunday's upper house election with its coalition partner New Komeito. The much anticipated result ends the country's "twisted parliament," giving the...

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Globalization Is Unsung Hero of Worldwide Protests

(0) Comments | Posted July 11, 2013 | 12:07 PM

Through the late 80s and 90s, protests everywhere from Berlin to Seattle revealed a common target of public unrest: globalization. Jobs and industries in rich countries were moving to emerging markets, and the free flow of capital led to concerns about financial instability and a competitive lowering of environmental standards.

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Mindsets May Hinder Progress in Myanmar

(10) Comments | Posted June 6, 2013 | 3:26 PM

The opening of Myanmar holds much promise for the country's people. Its political change has also excited Western liberals and foreign investors alike, as demonstrated by this week's World Economic Forum meeting in the country's capital, Naypyidaw. With political liberalization comes new economic openness. It's said among...

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Is China Taking the Right Cues From History?

(38) Comments | Posted March 19, 2013 | 6:12 PM

Now that China's leadership transition has been completed, its new president Xi Jinping faces numerous challenges, from maintaining economic growth to combating corruption, pollution, and food supply scandals. Yet disagreement has been stirring on the best path to achieve these goals: whether Xi should relax political control over...

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The Asian Century Crumbles

(73) Comments | Posted December 23, 2012 | 10:18 AM

A few years ago, New York University appointed me to teach a course on East Asian politics.

At the time, experts were sounding the alarm that America was in decline, Asia was on the rise, and China was "eating our lunch." Works reflecting this anxiety included Charles Kupchan's...

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In A G-Zero World, It's Every Nation For Itself

(5) Comments | Posted March 9, 2012 | 4:36 PM

2012-03-07-GZero.jpg"This book is not about the decline of the West," political scientist Ian Bremmer assures us in the introduction of his new book. "Nor is this a book about the rise of China and other emerging markets." Well, that's a relief.

Many pundits...

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How the Disaster May Help Japan's Brand

(6) Comments | Posted July 1, 2011 | 12:42 PM

The March 11 earthquake, tsunami, and resulting nuclear accident have led some to question the health of Japan's "brand." Japanese products, services, and business partnerships in recent years have enjoyed a halo effect emanating from Japan's reputation as a land of safety, efficiency, and trustworthiness. As renowned Japanese...

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Brewing in Japan: Interview With Bryan Baird of Baird Beer

(19) Comments | Posted July 27, 2010 | 3:52 PM

Earlier this month during a trip to Japan, I traveled to the coastal city of Numazu to visit Baird Brewing Company, one of the country's most innovative new craft breweries. When I arrived, I had the fortune to meet Bryan and Sayuri Baird, who founded the brewery in...

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Will a Rudderless Japan Drift Into Crisis?

(6) Comments | Posted July 15, 2010 | 6:48 PM

Japan Needs a Captain

The upper house election in Japan last Sunday dealt a huge blow to the ruling Democratic Party of Japan (DPJ), leaving the country with a "twisted" parliament and no clear path forward. In contrast to the previous decades of nearly uninterrupted single-party rule,...

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Obama Did Not "Take Down" Hatoyama

(12) Comments | Posted June 9, 2010 | 4:25 PM

Last night I was interviewed by Jim Swanson of Progressive News Radio. We talked about U.S.-Japan relations after Japanese Prime Minister Yukio Hatoyama stepped down from office last week, and about what we might expect under the new Naoto Kan administration. You can listen to our conversation

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The End of the Free Market as We Know It?

(16) Comments | Posted May 12, 2010 | 3:11 PM

Political risk guru Ian Bremmer examines the growing momentum of "state capitalism" in his new book The End of the Free Market: Who Wins the War between States and Corporations?...

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Slowing Japan's Galapagos Syndrome

(20) Comments | Posted April 29, 2010 | 4:01 PM

Enjoy, a play by Japanese playwright Toshiki Okada, opens with two characters working at a comic book cafe in present-day Tokyo who spend nearly the first act solely ruminating about the etiquette of public toilets. The brilliant drama reveals the world of a Japanese generation of...

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Is Japan Giving Up?

(24) Comments | Posted March 8, 2010 | 12:29 PM

Just as the success of Toyota Motor was a symbol of Japan's confidence on the world stage in the 1980s, the automobile company's recent troubles are symptomatic of a nation withdrawing from the world, as I noted this week in a Newsweek article. Avoidance was the Japanese public's...

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Hatoyama's Hard Road for 2010

(0) Comments | Posted January 5, 2010 | 3:33 PM

Just about four months in office, Japanese Prime Minister Yukio Hatoyama has paved an unnecessarily difficult path for himself and his Democratic Party of Japan (DPJ) for 2010 as a crucial upper house election approaches this July. As one Diet aide told me during my recent trip to Japan, Hatoyama...

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Hatoyama's U.S. Policy May Backfire

(7) Comments | Posted November 12, 2009 | 9:42 AM

During his Asia trip this Friday, President Obama's itinerary will include a much-anticipated visit with Japanese Prime Minister Hatoyama -- a meeting that has been fraught with anxiety and speculation among Japan watchers. One Japan expert sees U.S.-Japan relations at their lowest point in years. With Japan's new government,...

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