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Planning for Change: Industrial Policy and Japanese Economic Development 1945-1990

Autor James E. Vestal
en Limba Engleză Paperback – 26 oct 1995
What has been the role of government industrial policy in Japan's extraordinary post-war development? How has the role changed in successive phases of growth? What "lessons" can be learnt 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 smoothe the decline of sectors that are no longer globally competitive. That Japan itself no longer practices industrial policy on a wide scale is an irony little appreciated by those advocating the adoption of a "Japan-style" industrial policy elswhere.
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Specificații

ISBN-13: 9780198290278
ISBN-10: 0198290276
Pagini: 256
Ilustrații: line figures, tables
Dimensiuni: 156 x 234 x 15 mm
Greutate: 0.44 kg
Editura: Clarendon Press
Colecția Clarendon Press
Locul publicării:Oxford, United Kingdom

Recenzii

extensively researched book ... Japan's industrial policy has been debated with too much passion and too little data, and this book is a conscientious effort to rectify the situation