The Fukushima nuclear accident was a man-made disaster caused by regulatory capture: this was the conclusion of the Fukushima Nuclear Accident Independent Investigation Commission, a third-party organisation organised by the National Diet of Japan. Regulatory capture is an economic term that describes a situation in which regulators are influenced by the regulated. The former act in the interests of the latter, rather than in the public interest. Despite the fact that regulatory capture was found to be the fundamental cause of the accident, no specific investigation into it has been conducted.
The Commission's final report loosely cited factors behind regulatory capture, such as the close ties between politics, bureaucracy, and business, and the "single-track elite". These individuals rise through the ranks based on seniority and years of employment, and believe that following precedent and protecting the interests of their organisations are important missions. Such broad factors suggest that regulatory capture is not limited to nuclear regulation, but can also occur elsewhere in regulatory administration. In other words, disasters similar to the Fukushima nuclear accident could happen again, albeit on a different scale.
The author, using Japan's regulation of its electricity industry as an example, comprehensively analyses its inherent problems, demonstrating not only that the government and bureaucracy have not learnt the lessons of the Fukushima nuclear accident, but also that Japan's current regulatory system—lacking independence, expertise, and governance—is not equipped to consistently formulate and implement regulations that would be effective tools for supporting sustainable social and economic growth. Furthermore, he warns that chronic delays in regulatory change and ineffective regulations are hindering the Japanese economy.
The author concludes by recommending specific regulatory actions for Japan's electricity industry, which has historically been characterised by consistently high electricity prices, and reformative actions for effective regulatory administration.
This book is intended for a wide audience with an interest in politics and economics. The differences between British and Japanese regulatory administration are frequently noted, which will be particularly useful for researchers in the fields of politics, administration, policy, and regulation.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
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Paperback. Etat : new. Paperback. The Fukushima nuclear accident was a man-made disaster, the root cause of which was regulatory capture. This was the conclusion of the National Diet of Japan Fukushima Nuclear Accident Independent Investigation Commission. However, the factors behind regulatory capture have not yet been examined, and there is a possibility that an accident similar to the Fukushima nuclear accident could occur again, albeit to a lesser extent. Responsibility for regulatory capture lies primarily with the regulatory authorities, namely, the government and bureaucracy.Taking the electricity industry regulation as an example, the author points out the inherent problems with it and demonstrates that the government and bureaucracy have not truly learnt the lessons of Fukushima. Furthermore, he warns that chronic delays in regulatory change and ineffective regulations are dragging on the Japanese economy.The author concludes by recommending specific regulatory actions for Japan's electricity industry, which is characterised by consistently high electricity prices, as well as fundamental reforms for effective regulatory administration. The Fukushima nuclear accident was a man-made disaster, the root cause of which was regulatory capture. Using the Japanese electricity industry regulation as an example, the author points out the inherent problems with it and demonstrates that the Japanese government and bureaucracy have not learnt the lessons of the Fukushima nuclear accident. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. N° de réf. du vendeur 9780956728463
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Taschenbuch. Etat : Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - The Fukushima nuclear accident was a man-made disaster, the root cause of which was regulatory capture. This was the conclusion of the National Diet of Japan Fukushima Nuclear Accident Independent Investigation Commission. However, the factors behind regulatory capture have not yet been examined, and there is a possibility that an accident similar to the Fukushima nuclear accident could occur again, albeit to a lesser extent. Responsibility for regulatory capture lies primarily with the regulatory authorities, namely, the government and bureaucracy.Taking the electricity industry regulation as an example, the author points out the inherent problems with it and demonstrates that the government and bureaucracy have not truly learnt the lessons of Fukushima. Furthermore, he warns that chronic delays in regulatory change and ineffective regulations are dragging on the Japanese economy.The author concludes by recommending specific regulatory actions for Japan's electricity industry, which is characterised by consistently high electricity prices, as well as fundamental reforms for effective regulatory administration. N° de réf. du vendeur 9780956728463
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Taschenbuch. Etat : Neu. Lessons Not Yet Learnt | Teruhiko Tsumura | Taschenbuch | Englisch | 2026 | LRI International Publishers | EAN 9780956728463 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu Print on Demand. N° de réf. du vendeur 136787932
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