Economic Ideology And Japanese Industrial Policy

Author : Bai Gao
Publisher : Cambridge University Press
ISBN 13 : 9780521894500
Total Pages : 388 pages
Book Rating : 4.06/5 ( download)

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Download or read book Economic Ideology and Japanese Industrial Policy written by Bai Gao and published by Cambridge University Press. This book was released on 2002-05-16 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major addition to the literature on modern Japanese development, emphasizing the role of ideas and ideology.

Author : Daniel I. Okimoto
Publisher : Stanford University Press
ISBN 13 : 0804718121
Total Pages : 572 pages
Book Rating : 4.27/5 ( download)

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Download or read book Between MITI and the Market written by Daniel I. Okimoto and published by Stanford University Press. This book was released on 1989 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the postwar period, the scope of industrial policy has expanded markedly. Governments in virtually all advanced industrial countries have extended the visible hand of the state in assisting specific industries or individual companies. Although greater government involvement in some countries has lessened the dislocations brought about by slower growth rates, industrial policy has also caused or exacerbated a number of other problems, including distortions in the allocation of capital and labor and trade conflicts that undermine the postwar system of free trade. Only Japan is widely cited as an unambiguous success story. The effectiveness of its industrial policy is revealed in the successful emergence of one government-targeted industry after another as world-class competitors: for example, steel, automobiles, and semiconductors. Foreign countries fear that a number of still-developing industries—like biotechnology, telecommunications, and information processing—will follow the same pattern. But is industrial policy the main reason for Japan's economic achievements? The author asserts that the reasons for Japan's spectacular track record go well beyond the realm of industrial policy into broad areas of the political economy as a whole. In this book, the author attempts to identify the reasons for the comparative effectiveness of Japanese industrial policy for high technology by answering the following questions: What is the attitude of Japanese leaders toward state intervention in the marketplace? What is the Ministry of International Trade and Industry (MITI) doing to promote the development of high technology? How has the organization of the private sector contributed to MITI's capacity to intervene effectively? What elements in Japan's political system help insulate industrial policymaking from the demands of interest-group politics?

Author : Ira C. Magaziner
Publisher :
ISBN 13 :
Total Pages : 136 pages
Book Rating : 4.90/5 ( download)

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Download or read book Japanese Industrial Policy written by Ira C. Magaziner and published by . This book was released on 1981 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Chalmers Johnson
Publisher : Stanford University Press
ISBN 13 : 080476560X
Total Pages : 818 pages
Book Rating : 4.02/5 ( download)

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Download or read book MITI and the Japanese Miracle written by Chalmers Johnson and published by Stanford University Press. This book was released on 1982-06 with total page 818 pages. Available in PDF, EPUB and Kindle. Book excerpt: The focus of this book is on the Japanese economic bureaucracy, particularly on the famous Ministry of International Trade and Industry (MITI), as the leading state actor in the economy. Although MITI was not the only important agent affecting the economy, nor was the state as a whole always predominant, I do not want to be overly modest about the importance of this subject. The particular speed, form, and consequences of Japanese economic growth are not intelligible without reference to the contributions of MITI. Collaboration between the state and big business has long been acknowledged as the defining characteristic of the Japanese economic system, but for too long the state's role in this collaboration has been either condemned as overweening or dismissed as merely supportive, without anyone's ever analyzing the matter. The history of MITI is central to the economic and political history of modern Japan. Equally important, however, the methods and achievements of the Japanese economic bureaucracy are central to the continuing debate between advocates of the communist-type command economies and advocates of the Western-type mixed market economies. The fully bureaucratized command economies misallocate resources and stifle initiative; in order to function at all, they must lock up their populations behind iron curtains or other more or less impermeable barriers. The mixed market economies struggle to find ways to intrude politically determined priorities into their market systems without catching a bad case of the "English disease" or being frustrated by the American-type legal sprawl. The Japanese, of course, do not have all the answers. But given the fact that virtually all solutions to any of the critical problems of the late twentieth century--energy supply, environmental protection, technological innovation, and so forth--involve an expansion of official bureaucracy, the particular Japanese priorities and procedures are instructive. At the very least they should forewarn a foreign observer that the Japanese achievements were not won without a price being paid.

Author : Hugh T. Patrick
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.05/5 ( download)

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Download or read book Japanese Industrial Policy and Its Relevance for United States Industrial Policy written by Hugh T. Patrick and published by . This book was released on 1983 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States. Congress. Joint Economic Committee
Publisher :
ISBN 13 :
Total Pages : 220 pages
Book Rating : 4.62/5 ( download)

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Download or read book Japanese Industrial and Labor Policy written by United States. Congress. Joint Economic Committee and published by . This book was released on 1982 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Leslie Stein
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.24/5 ( download)

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Download or read book Japanese Industrial Policy written by Leslie Stein and published by . This book was released on 1993 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Terutomo Ozawa
Publisher : Edward Elgar Publishing
ISBN 13 : 1845425677
Total Pages : 252 pages
Book Rating : 4.78/5 ( download)

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Download or read book Institutions, Industrial Upgrading, and Economic Performance in Japan written by Terutomo Ozawa and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . the book reviewed here will trigger a further interest in this area of research, and will invite more researchers to seek empirical evidence in the study of post-war industrial growth in Japan. Hiroshi Ohashi, Journal of the Japanese and International Economies This book provides a theoretically informed and empirically illustrative account of modern Japanese industrialization. Ozawa s translation of classical political economy to the Japanese context is both original and accessible and is a welcome addition to the literature on the Japanese variety of capitalism. Tim Reiffenstein, Pacific Affairs Ozawa succeeds in extending, building up, and joining the Akamatsu Kojima lineage of this unique Japan-born theory of economic development from a fresh, unconventional, and discerning perspective. From the foreword by Kiyoshi Kojima Terutomo Ozawa examines Japan s once celebrated post-war economic success from a new perspective. He applies a flying geese model of industrial upgrading in a country that is still catching-up, to explore the rise, fall and rebound of Japanese industry with its evolving institutions and policies. The book brings together and expands upon theories developed in the author's work over many years, using them as building blocks for his flying geese model. Concepts explored include: economics of hierarchical concatenation, increasing factor incongruity, comparative advantage (or market) recycling the Ricardo Hicksian trap of industrial production, Smithian growth elan, triumvirate pro-trade structural transformation knowledge creation versus knowledge diversion, the price-knowledge/industry-flow mechanism a la David Hume the syndrome of institutional incongruity, and socially justifiable moral hazard versus degenerative moral hazard. The dynamic process of industrial upgrading is analysed in detail, and important lessons for both developing and transition economies are highlighted. This fascinating book will attract a wide-ranging readership, encompassing practitioners and academics interested in international business, economic development, trade, and political science. In addition, sociologists focussing on business and industry, and researchers on, and policymakers in, developing and transition economies will also find this book of immense interest.

Author : Michael Keresztesi
Publisher : Routledge
ISBN 13 : 0429768230
Total Pages : 351 pages
Book Rating : 4.31/5 ( download)

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Download or read book Japan's Economic Challenge written by Michael Keresztesi and published by Routledge. This book was released on 2018-10-26 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1988, assembles a key pool of references in English to help study the ‘Japanese economic challenge’ of the 1980s. Collectively, these writings chronicle the historical, social and cultural background of Japan’s spectacular industrial take-off. They describe, analyse and interpret the diverse manifestations of Japan’s economic growth.

Author : James E. Vestal
Publisher : Oxford University Press
ISBN 13 :
Total Pages : 262 pages
Book Rating : 4.27/5 ( download)

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Download or read book Planning for Change written by James E. Vestal and published by Oxford University Press. This book was released on 1993 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.