Between MITI and the Market

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Author :
Release : 1989
Genre : Technology & Engineering
Kind :
Book Rating : 121/5 ( reviews)

Between MITI and the Market - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Between MITI and the Market write by Daniel I. Okimoto. This book was released on 1989. Between MITI and the Market available in PDF, EPUB and Kindle. 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?

MITI and the Japanese Miracle

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Release : 1982-06
Genre : Political Science
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Book Rating : 60X/5 ( reviews)

MITI and the Japanese Miracle - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook MITI and the Japanese Miracle write by Chalmers Johnson. This book was released on 1982-06. MITI and the Japanese Miracle available in PDF, EPUB and Kindle. 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.

Japan, who Governs?

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Release : 1995
Genre : Business & Economics
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Book Rating : 395/5 ( reviews)

Japan, who Governs? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Japan, who Governs? write by Chalmers Johnson. This book was released on 1995. Japan, who Governs? available in PDF, EPUB and Kindle. The godfather of Japanese revisionism, author of MITI and the Japanese Miracle and president of the Japan Policy Research Institute explains how—and why—Japan has become a world power in the past 25 years. Johnson lucidly explains here how the Japanese economy will thrive as it moves from a producer-dominated economy to a consumer-oriented headquarters for all of East Asia.

Divided Sun

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Release : 1995
Genre : History
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Book Rating : 543/5 ( reviews)

Divided Sun - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Divided Sun write by Scott Callon. This book was released on 1995. Divided Sun available in PDF, EPUB and Kindle. Despite widespread claims to the contrary, Japan's high-tech industrial policies over the last two turbulent decades have proved to be neither cooperative nor successful. This book focuses on MITI and Japan's giant electronics firms—their ambitions and conflicts—to show that the policymaking process is torn by conflict and competition.

Japan's Growing Technological Capability

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Release : 1992-02-01
Genre : Technology & Engineering
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Book Rating : 803/5 ( reviews)

Japan's Growing Technological Capability - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Japan's Growing Technological Capability write by National Research Council. This book was released on 1992-02-01. Japan's Growing Technological Capability available in PDF, EPUB and Kindle. The perspectives of technologists, economists, and policymakers are brought together in this volume. It includes chapters dealing with approaches to assessment of technology leadership in the United States and Japan, an evaluation of future impacts of eroding U.S. technological preeminence, an analysis of the changing nature of technology-based global competition, and a discussion of policy options for the United States.