Planning for Change

Name: Planning for Change
Brand: Oxford University Press
SKU: 9780198288084
Price: 803.22 RON
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Industrial Policy and Japanese Economic Development 1945-1990

Autor: James E. Vestal

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Legare: Copertă tare

Editura: Oxford University Press

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What has been the role of goverment industrial policy, through agencies such as MITI, in Japan's ext...

Informații despre carte

Autor

James E. Vestal

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

1993

Pagini

256

EAN

9780198288084

ISBN

0198288085

Enbook ID

04524971

Editura

Oxford University Press

Greutate

574

Dimensiuni

162 x 237 x 22

Descriere completă

What has been the role of goverment industrial policy, through agencies such as MITI, in Japan's extraordinary post-war development? How has the role changed in successive phases of growth? What 'lessons' can be learned from this experience by other nations, be they in the West, or developing countries or economies in transition attempting to introduce competitive market structures? These are some of the main questions addressed in this absorbing and thorough study. Dividing the period into three main phases, the author shows that policy played a crucial role in the initial period of post-war recovery. It did so not by 'picking winners' but by creating a stable base from which development could occur by spreading the cost of introducing market competition over time. In the succeeding high growth period and more recently Japan's industrial policy attempts only to promote the development of new technology and smooth the decline of sectors that are no longer globally competitive. That Japan itself no longer practises industrial policy on a wide scale is an irony little appreciated by those advocating the adoption of a 'Japan style' industrial policy elsewhere.

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Planning for Change

Industrial Policy and Japanese Economic Development 1945-1990

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