Between MITI and the Market

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Author :
Release : 1989
Genre : Technology & Engineering
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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.

Japanese Industrial Policy

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Release : 1981
Genre : Business & Economics
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Book Rating : /5 ( reviews)

Japanese Industrial Policy - 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 Japanese Industrial Policy write by Ira C. Magaziner. This book was released on 1981. Japanese Industrial Policy available in PDF, EPUB and Kindle.

The Oxford Handbook of Japanese Politics

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Release : 2021-10-25
Genre : Political Science
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Book Rating : 993/5 ( reviews)

The Oxford Handbook of Japanese Politics - 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 The Oxford Handbook of Japanese Politics write by Robert J. Pekkanen. This book was released on 2021-10-25. The Oxford Handbook of Japanese Politics available in PDF, EPUB and Kindle. "Book Abstract and Keywords: The study of Japanese politics has flourished over the past several decades. This Handbook provides a state-of-the-field overview for students and researchers of Japanese. The volume also serves to introduce Japanese politics to readers less familiar with Japan. In addition, the volume has a theme of "evaluating Japan's democracy." Taken as a whole, the volume provides a positive evaluation of the state of Japan's democracy. The volume is divided into two parts, roughly corresponding to domestic Japanese politics and Japan's international politics. Within the domestic politics part, there are four distinct sections: "Domestic Political Actors and Institutions," covering the Japanese Constitution, electoral systems, prime minister, Diet, bureaucracy, judiciary, and local government; "Political Parties and Coalitions," covering the Liberal Democratic Party, coalition government, Kōmeitō, and the political opposition; "Policymaking and the Public," covering the policymaking process, public opinion, civil society, and populism; and, "Political Economy and Social Policy," covering industrial, energy, social welfare, agricultural, monetary, and immigration policies, as well as social inequality. In the international relations part, there are four sections: "International Relations Frameworks," covering grand strategy, international organizations, and international status; "International Political Economy," covering trade, finance, foreign direct investment, the environment, economic regionalism, and the linkage between security and economics; "International Security," covering remilitarization, global and regional security multilateralism, nuclear nonproliferation, naval power, space security, and cybersecurity; and, "Foreign Relations" covering Japan's relations with the United States, China, South Korea, ASEAN, India, the European Union, and Russia. Keywords: international relations, comparative politics, democracy, international order, alliances, space security, elections, Liberal Democratic Party, multilateralism, remilitarization, international organizations, populism, civil society, coalitions, political parties, trade, finance monetary policy, foreign direct investment, cybersecurity"--

Japanese Industrial Targeting

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Release : 2014-01-14
Genre : Business & Economics
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Book Rating : 866/5 ( reviews)

Japanese Industrial Targeting - 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 Japanese Industrial Targeting write by William R. Nester. This book was released on 2014-01-14. Japanese Industrial Targeting available in PDF, EPUB and Kindle. Japan achieved it's present economic position by rejecting free trade theory and instead mastering neomercantilist policies which target strategic industries for development with a range of government sponsored cartels, subsidies, import barriers and export incentives. These policies stimulated an economic growth rate which averaged ten percent before 1973, and five percent since, rates four and two times greater than America's during the same periods. This book analyzes the policy making process, implementation, successes, occasional shortcomings, and challenges posed by Tokyo's neomercantilist policies toward its trade rivals.