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Carte Banking on Multinationals Mireya Solis

Banking on Multinationals

Public Credit and the Export of Japanese Sunset Industries

Autor: Mireya Solis
Limbă: engleză
Legare: Copertă tare
Editura: Stanford University Press
Disponibilitate: În depozitul extern
Expediem în 9-15 zile
468.41 lei
Banking on Multinationals addresses two fundamental puzzles in Japanese industrial policy: Why does...

Informații despre carte

Autor
Mireya Solis
Limbă
engleză
Legare
Carte - Copertă tare
Publicat
2004
Pagini
296
EAN
9780804748872
ISBN
080474887X
Enbook ID
04717718
Editura
Stanford University Press
Greutate
614
Dimensiuni
237 x 161 x 29

Descriere completă

Banking on Multinationals addresses two fundamental puzzles in Japanese industrial policy: Why does the Japanese state - better known for its attempts to control markets, protect infant industries, and maximize national exports - administer the world's largest public program to support the expansion of multinational corporations? And why does the Japanese state not fear loss of control over mobile multinational corporations and erosion of the domestic export base through foreign direct investment (FDI)? Solis's explanation of Japan's lead in state financing of FDI takes into account both the industrial policy goals behind the extension of FDI and the political uses of subsidized credit to appease economically weak but politically powerful constituencies. As the first systematic study of Japan's public FDI loan program, Banking on Multinationals reveals a previously unexamined dimension of Japanese government policy and helps explain the uncanny ability of stagnant sectors and small firms to participate in FDI activities. Rather than simply espousing the familiar idea that Japan's preeminent role is banker to multinationals as evidence of mercantilism in Japanese foreign economic policy, this book brings to life the domestic political conflicts underlying FDI policy.

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