MITI and the Japanese Miracle

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Author :
Publisher : Stanford University Press
ISBN 13 : 080476560X
Total Pages : 818 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis MITI and the Japanese Miracle by : Chalmers Johnson

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.

Scoring 50 Years of US Industrial Policy, 1970–2020

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Author :
Publisher : Peterson Institute for International Economics
ISBN 13 : 0881327468
Total Pages : 127 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Scoring 50 Years of US Industrial Policy, 1970–2020 by : Gary Clyde Hufbauer

Download or read book Scoring 50 Years of US Industrial Policy, 1970–2020 written by Gary Clyde Hufbauer and published by Peterson Institute for International Economics. This book was released on 2021-11-29 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy is making a comeback in the United States. It is more urgent than ever to understand how and whether industrial policy has worked to strengthen the US economy. This study analyzes and scores 18 US industrial policy episodes implemented between 1970 and 2020, in an effort to assess what went right and what went wrong—and how the current initiatives might fare. The Peterson Institute for International Economics gratefully acknowledges the support of the Koch Foundation for this project.

The Oxford Handbook of Japanese Politics

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Publisher : Oxford University Press
ISBN 13 : 0190050993
Total Pages : 1001 pages
Book Rating : 4.1/5 (9 download)

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Book Synopsis The Oxford Handbook of Japanese Politics by : Robert J. Pekkanen

Download or read book The Oxford Handbook of Japanese Politics written by Robert J. Pekkanen and published by Oxford University Press. This book was released on 2021-10-25 with total page 1001 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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"--

Industrial Policy for the Sustainable Development Goals Increasing the Private Sector’s Contribution

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264868070
Total Pages : 196 pages
Book Rating : 4.2/5 (648 download)

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Book Synopsis Industrial Policy for the Sustainable Development Goals Increasing the Private Sector’s Contribution by : OECD

Download or read book Industrial Policy for the Sustainable Development Goals Increasing the Private Sector’s Contribution written by OECD and published by OECD Publishing. This book was released on 2021-09-15 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can governments support the private sector’s contribution to the Sustainable Development Goals (SDGs)? This book investigates the contribution of firms to the SDGs, particularly through their core business, taking into account inter-sectoral linkages and global value chains, using novel techniques and data sources.

Development and Modern Industrial Policy in Practice

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1784715549
Total Pages : 425 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Development and Modern Industrial Policy in Practice by : Jesus Felipe

Download or read book Development and Modern Industrial Policy in Practice written by Jesus Felipe and published by Edward Elgar Publishing. This book was released on 2015-04-24 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development and Modern Industrial Policy in Practice provides an up-to-date analysis of industrial policy. Modern industrial policy refers to the set of actions and strategies used to favor the more dynamic sectors of the economy. A key aspect of moder

Japan's Growing Technological Capability

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Publisher : National Academies Press
ISBN 13 : 0309047803
Total Pages : 244 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Japan's Growing Technological Capability by : National Research Council

Download or read book Japan's Growing Technological Capability written by National Research Council and published by National Academies Press. This book was released on 1992-02-01 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Oxford Handbook of Industrial Policy

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Author :
Publisher : Oxford University Press, USA
ISBN 13 : 0198862423
Total Pages : 981 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis The Oxford Handbook of Industrial Policy by : Arkebe Oqubay

Download or read book The Oxford Handbook of Industrial Policy written by Arkebe Oqubay and published by Oxford University Press, USA. This book was released on 2020-10-19 with total page 981 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. It has also been one of the most contested perspectives, reflecting ideologically inflected debates and shifts in prevailing ideas. There has lately been a renewed interest in industrial policy in academic circles and international policy dialogues, prompted by the weak outcomes of policies pursued by many developing countries under the direction of the Washington Consensus (and its descendants), the slow economic recovery of many advanced economies after the 2008 global financial crisis, and mounting anxieties about the national consequences of globalization. The Oxford Handbook of Industrial Policy presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy. The Handbook also presents analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, and political economy. By combining historical and theoretical perspectives, and integrating conceptual issues with empirical evidence drawn from advanced, emerging, and developing countries, The Handbook offers valuable lessons and policy insights to policymakers, practitioners and researchers on developing productive transformation, technological capabilities, and international competitiveness. It addresses pressing issues including climate change, the gendered dimensions of industrial policy, global governance, and technical change. Written by leading international thinkers on the subject, the volume pulls together different perspectives and schools of thought from neo-classical to structuralist development economists to discuss and highlight the adaptation of industrial policy in an ever-changing socio-economic and political landscape.

Efficiency, Finance, and Varieties of Industrial Policy

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Author :
Publisher : Columbia University Press
ISBN 13 : 0231542771
Total Pages : 527 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Efficiency, Finance, and Varieties of Industrial Policy by : Akbar Noman

Download or read book Efficiency, Finance, and Varieties of Industrial Policy written by Akbar Noman and published by Columbia University Press. This book was released on 2016-11-29 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy, once relegated to resource allocation, technological improvements, and the modernization of industries, should be treated as a serious component of sustainability and developmental economics. A rich set of complimentary institutions, shared behavioral norms, and public policies have sustained economic growth from Britain's industrial revolution onwards. This volume revisits the role of industrial policy in the success of these strategies and what it can offer developed and developing economies today. Featuring essays from experts invested in the expansion of industrial policies, topics discussed include the most effective use of industrial policies in learning economies, development finance, and promoting investment in regional and global contexts. Also included are in-depth case studies of Japan and India's experience with industrial policy in the banking and private sector. One essay revisits the theoretical and conceptual foundations of industrial policy from a structural economics perspective and another describes the models, packages, and transformation cycles that constitute a variety of approaches to implementation. The collection concludes with industrial strategies for facilitating quality growth, realizing more sustainable manufacturing development, and encouraging countries to industrialize around their natural resources.

Industrial Policy and Economic Transformation in Africa

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Author :
Publisher : Columbia University Press
ISBN 13 : 0231540779
Total Pages : 469 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Industrial Policy and Economic Transformation in Africa by : Akbar Noman

Download or read book Industrial Policy and Economic Transformation in Africa written by Akbar Noman and published by Columbia University Press. This book was released on 2015-09-15 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst economic disasters—a quarter century of economic malaise for most of the region—since the industrial revolution. Six of the world's fastest-growing economies in the first decade of this century were African. Yet only in Ethiopia and Rwanda was growth not based on resources and the rising price of oil. Deindustrialization has yet to be reversed, and progress toward creating a modern economy remains limited. This book explores the vital role that active government policies can play in transforming African economies. Such policies pertain not just to industry. They traverse all economic sectors, including finance, information technology, and agriculture. These packages of learning, industrial, and technology (LIT) policies aim to bring vigorous and lasting growth to the region. This collection features case studies of LIT policies in action in many parts of the world, examining their risks and rewards and what they mean for Sub-Saharan Africa.

The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498305563
Total Pages : 79 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy by : Reda Cherif

Download or read book The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy written by Reda Cherif and published by International Monetary Fund. This book was released on 2019-03-26 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be replicated. Using a theory and empirical evidence, we argue that one can learn more from miracles than failures. We suggest three key principles behind their success: (i) the support of domestic producers in sophisticated industries, beyond the initial comparative advantage; (ii) export orientation; and (iii) the pursuit of fierce competition with strict accountability.

Asia's New Giant

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Author :
Publisher :
ISBN 13 :
Total Pages : 943 pages
Book Rating : 4.:/5 (14 download)

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Book Synopsis Asia's New Giant by :

Download or read book Asia's New Giant written by and published by . This book was released on 1970 with total page 943 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Rise of China's Industrial Policy, 1978 To 2020

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Author :
Publisher :
ISBN 13 : 9786078066599
Total Pages : 139 pages
Book Rating : 4.0/5 (665 download)

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Book Synopsis The Rise of China's Industrial Policy, 1978 To 2020 by : Barry Naughton

Download or read book The Rise of China's Industrial Policy, 1978 To 2020 written by Barry Naughton and published by . This book was released on 2021-04-15 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Dynamics of Japan’s Trade and Industrial Policy in the Post Rapid Growth Era (1980–2000)

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Author :
Publisher : Springer
ISBN 13 : 9789811519895
Total Pages : 322 pages
Book Rating : 4.5/5 (198 download)

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Book Synopsis Dynamics of Japan’s Trade and Industrial Policy in the Post Rapid Growth Era (1980–2000) by : RIETI

Download or read book Dynamics of Japan’s Trade and Industrial Policy in the Post Rapid Growth Era (1980–2000) written by RIETI and published by Springer. This book was released on 2020-09-18 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book provides an in-depth examination of Japan's policy responses to the economic challenges of the 1980s and '90s. While MITI's earlier role in promoting rapid growth has been addressed in other studies, this volume, based on official records and exhaustive interviews, is the first to examine the aftermath of rapid growth and the evolution of MITI's interpretation of the economy's changing needs. Covering such topics as the oil shocks, trade conflict with the United States, and the rise and collapse of the so-called bubble economy, it presents a detailed analysis and evaluation of how these challenges were interpreted by government officials, the kinds of policies that were enacted, the extent to which policy aims were realized, and lessons for the longer term. This book is recommended especially to officials of countries concerned about the challenges that follow on high economic growth and to readers interested in Japan’s contemporary economic history.

Automotive Industrialisation

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Author :
Publisher : Routledge
ISBN 13 : 0429817843
Total Pages : 252 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Automotive Industrialisation by : Kaoru Natsuda

Download or read book Automotive Industrialisation written by Kaoru Natsuda and published by Routledge. This book was released on 2020-10-14 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the industrial policies of Southeast Asian economies in their motor vehicle industries from early import substitution to policy-making under the more liberalised WTO policy regime. The book examines how inward automotive investment, especially from Japan, has been affected by policies, and how such investment has promoted industrial development in the late-industrialising economies within ASEAN (Association of Southeast Asian Nations). It provides insights into the automotive industry of Southeast Asia in terms of production volumes, sales volumes, market structure, and trade. Through country case studies, the book is a useful reference and illustrates how industrial policies in Southeast Asia have affected the spread of automotive development in the region. It will appeal to policy-makers and researchers interested in the automobile industry, industrial policies in the industry and the spread of development from foreign investors to local firms.

The Japanese Automotive Industry

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Author :
Publisher : University of Michigan Press
ISBN 13 : 0472902032
Total Pages : 161 pages
Book Rating : 4.4/5 (729 download)

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Book Synopsis The Japanese Automotive Industry by : Robert Cole

Download or read book The Japanese Automotive Industry written by Robert Cole and published by University of Michigan Press. This book was released on 2020-06-01 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the University of Michigan Center for Japanese Studies reflected on the deteriorating position of the domestic auto industry in the fall of 1980, and the strong competitive threat being posed by the Japanese automakers, we were struck by the extraordinary low quality of the public discussion of these critical issues. The national importance of the issues seemed only matched by the superficiality of the analyses being offered. The tendency to think in terms of scapegoats was particularly evident. The Japanese as the basic cause of our problems has been a particularly notable theme. To be sure, cooperation with the Japanese in formulating a rational overall trade policy may be an important part of the solution. It has also been fashionable to blame it all on American auto industry management for not concentrating on the production of small cars when "everyone knew" that was the thing to do. Alternatively, government meddling was blamed for all our problems. Clearly, the complex problem we faced required more penetrating analyses. It seemed therefore, that the time was ripe for a public seminar which moved beyond the rhetoric of the moment and probed some of the deeper causes of our problems and possible directions for future policy. In holding the January 1981 auto conference, the Center took it as their task to begin addressing the critical issues facing the industry, with particular, but not exclusive, attention to examining the role of the Japanese auto industry. They had in mind not to simply conduct a rational discussion of the trade issue but to probe the sources of Japanese competitive strength, especially those features whose study might profit them. In these proceedings, they bring those discussions to a wider audience. Question and answer sessions at the conference were necessarily short and a few speakers delivered abbreviated remarks; this volume restores a number of omissions, and provides additional answers to some pertinent questions put by the audience. The Center hopes to encourage the serious problem-solving these complex issues demand. Far too much time has been spent trying to fix the blame. [intro]

Japanese Industrial Policy and Its Relevance for United States Industrial Policy

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Author :
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Japanese Industrial Policy and Its Relevance for United States Industrial Policy by : Hugh T. Patrick

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 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The New European Industrial Policy

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Author :
Publisher : Routledge
ISBN 13 : 1317646134
Total Pages : 247 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis The New European Industrial Policy by : Franco Mosconi

Download or read book The New European Industrial Policy written by Franco Mosconi and published by Routledge. This book was released on 2015-05-22 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The years since the global financial crisis have seen something of a renaissance in the manufacturing industry. The United States has launched its Advanced Manufacturing Partnership, and China owes much of its spectacular economic boom in the last decades to its being the 'world's factory'. Is there room for the EU in this landscape? This timely new book explores Europe’s role in this evolving environment. It argues that on the one hand, in terms of sheer numbers, the role of the manufacturing industry in the EU is on a par with other major global economies. However, the book also states that Europe falls short of its global competitors (the USA in particular) in terms of its involvement in the most innovative manufacturing sectors. The volume therefore argues that this creates the opportunity for a new European industrial policy. Exploring the development of current EU policy, the book puts forward suggestions as to how the EU can improve in terms of the competitiveness of its technology policy. Placing the EU’s position in the context of the industrial structures of the USA, Japan and the BRICs, the book blends theoretical models and practical examples in order to offer a the state of the art look at the current and future direction of Europe’s industrial policy. This book will be of relevance to all those with an interest in European economics, industrial economics, public policy, European politics and European studies.