Japanese Industrial Policy

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Between MITI and the Market

Author : Daniel I. Okimoto
Publisher : Stanford University Press
ISBN 13 : 0804718121
Total Pages : 572 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Between MITI and the Market by : Daniel I. Okimoto

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 industrieslike biotechnology, telecommunications, and information processingwill 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

Author : Chalmers Johnson
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.

Japanese Industrial Policy

Author : Ira C. Magaziner
Publisher :
ISBN 13 :
Total Pages : 136 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Japanese Industrial Policy by : Ira C. Magaziner

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:

The Oxford Handbook of Japanese Politics

Author : Robert J. Pekkanen
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"--

Economic Ideology and Japanese Industrial Policy

Author : Bai Gao
Publisher : Cambridge University Press
ISBN 13 : 9780521894500
Total Pages : 388 pages
Book Rating : 4.8/5 (945 download)

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Book Synopsis Economic Ideology and Japanese Industrial Policy by : Bai Gao

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.

Japanese Industrial Targeting

Author : William R. Nester
Publisher : Springer
ISBN 13 : 1349212849
Total Pages : 300 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Japanese Industrial Targeting by : William R. Nester

Download or read book Japanese Industrial Targeting written by William R. Nester and published by Springer. This book was released on 2016-07-27 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Industrial Policy in Japan

Author : Masu Uekusa
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Industrial Policy in Japan by : Masu Uekusa

Download or read book Industrial Policy in Japan written by Masu Uekusa and published by . This book was released on 1986 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The History of Japanese Economic Development

Author : Kenichi Ohno
Publisher : Routledge
ISBN 13 : 131544402X
Total Pages : 262 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis The History of Japanese Economic Development by : Kenichi Ohno

Download or read book The History of Japanese Economic Development written by Kenichi Ohno and published by Routledge. This book was released on 2017-09-07 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an easy-to-read book that explains how and why Japan industrialized rapidly. It traces historical development from the feudal Edo period to high income and technology in the current period. Catch-up industrialization is analyzed from a broad perspective including social, economic and political aspects. Historical data, research and contesting arguments are amply supplied. Japan’s unique experience is contrasted with the practices of today’s developing countries. Negative aspects such as social ills, policy failures, military movements and war years are also covered. Nineteenth-century Japan already had a happy combination of strong entrepreneurship and relatively wise government, which was the result of Japan’s long evolutionary history. Measured contacts with high civilizations of China, India and the West allowed cumulative growth without being destroyed by them. Imported ideas and technology were absorbed with adjustments to fit the local context. The book grew out of a graduate course for government officials from developing countries. It offers a comprehensive look and new insights at Japan’s industrial path that are often missing in standard historical chronicles. Written in an accessible and lively form, the book engages scholars as well as novices with no prior knowledge of Japan.

High Technology and Japanese Industrial Policy

Author : Julian Gresser
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis High Technology and Japanese Industrial Policy by : Julian Gresser

Download or read book High Technology and Japanese Industrial Policy written by Julian Gresser and published by . This book was released on 1980 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Can Japan Compete?

Author : Michael Porter
Publisher : Basic Books
ISBN 13 : 9780465059898
Total Pages : 238 pages
Book Rating : 4.0/5 (598 download)

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Book Synopsis Can Japan Compete? by : Michael Porter

Download or read book Can Japan Compete? written by Michael Porter and published by Basic Books. This book was released on 2000-10-26 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Can Japan Compete?, world-renowned competition strategist Michael Porter and his colleagues explain why American assumptions about Japan have proved so inaccurate, what Japan must do to regain its strength, and what its journey can tell us about how to succeed in the new global economy.The research behind this book began in the early 1990s, at a time when Japan's economic success was overwhelmingly credited to the Japanese government and its unique management policies. Porter and his colleagues started by asking a crucial but previously overlooked question: If Japanese government policies and practices accounted for the nation's extraordinary competitiveness, then why wasn't Japan competitive in many of the industries where those policies had been prominently implemented? The authors and a team of colleagues surveyed a vast array of Japanese industries. This surprising book is the result of their work. The continuing influence of Japanese government and management strategies worldwide makes Can Japan Compete? a must read for anyone competing in the global economy.

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

Author : RIETI
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.

Planning for Change

Author : James E. Vestal
Publisher : Clarendon Press
ISBN 13 : 0191584304
Total Pages : 262 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Planning for Change by : James E. Vestal

Download or read book Planning for Change written by James E. Vestal and published by Clarendon Press. This book was released on 1995-10-26 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.

Japan, the System That Soured

Author : Richard Katz
Publisher : Routledge
ISBN 13 : 1317467183
Total Pages : 481 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Japan, the System That Soured by : Richard Katz

Download or read book Japan, the System That Soured written by Richard Katz and published by Routledge. This book was released on 2015-03-04 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: After seven long years of economic malaise, it is clear that something has gone awry in Japan. Unless Japan undertakes sweeping reform, official forecasts now warn, growth will steadily dwindle. How could the world's most acclaimed economic miracle have stumbled so badly? As this important book explains, the root of the problem is that Japan is still mired in the structures, policies, and mental habits of the 1950s-1960s. Four decades ago while in the "catch-up" phase of its economic evolution, policies that gave rise to "Japan, Inc". made a lot of sense. By the 1970s and 1980s, when Japan had become a more mature economy, "catch-up economics" had become passe, even counterproductive. Even worse, in response to the oil shocks, Japan increasingly used its industrial policy tools. not to promote "winners", but to shield "losers" from competition at home and abroad. Japan's well-known aversion to imports is part and parcel of this politically understandable, but economically self-defeating, pattern. The end result is a deformed "dual economy" unique in the industrial world. Now this "dualism" is sapping the strength of the entire economy. The protection of the weak is driving Japan's most inefficient companies to invest offshore instead of at home. Without sweeping reform, real recovery will prove elusive. The challenging thesis articulated in this book is receiving widespread media attention in the United States and Japan and is sure to provoke continuing debate and controversy.

Japan's Growing Technological Capability

Author : National Research Council
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 Japanese Industrial System

Author : Charles J. McMillan
Publisher : Walter de Gruyter
ISBN 13 : 9783110150865
Total Pages : 452 pages
Book Rating : 4.1/5 (58 download)

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Book Synopsis The Japanese Industrial System by : Charles J. McMillan

Download or read book The Japanese Industrial System written by Charles J. McMillan and published by Walter de Gruyter. This book was released on 1996 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intro -- Preface To The Third Edition -- I The Japanese Industrial System -- Chapter 1. Japan And The New Global Economy -- 1.1 Introduction -- 1.2 Japan As Industrial Superpower -- 1.3 Paradoxes Of Asian Growth -- 1.4 Japan As Learner And Teacher -- 1.5 From Follower To Leader -- 1.6 Strategies For The 21St Century -- 1.7 Summary And Conclusions -- Chapter 2. Samurai Management: A Framework For Analysis -- 2.1 Introduction -- 2.2 Japanese Society: Adversity Management -- 2.3 Hardware And Software As Core Concepts -- 2.4 Japanese Hardware: A Comparative Perspective -- 2.5 Organizational Software Systems -- 2.6 Summary And Conclusions -- Ii Japan'S Societal Policies -- Chapter 3. Japan Inc.: Business-Government Relations -- 3.1 Introduction -- 3.2 The Social Origins Of Business-Government -- 3.3 The Structure Of Modern Government -- 3.4 Government And Big Business -- 3.5 Summary And Conclusions -- Chapter 4. The Visible Hand: Industrial Planning -- 4.1 Introduction -- 4.2 Origins Of Industrial Planning -- 4.3 Japan'S Five Year Plan -- 4.4 Industrial Structure Goals -- 4.5 Resource Dependence Planning -- 4.6 Portfolio Approach To Sectors -- 4.7 Japan'S Export Strategy -- 4.8 Japan'S Sunset Industries -- 4.9 Summary And Conclusions -- Chapter 5. Technology And The Knowledge Economy -- 5.1 Introduction -- 5.2 Technology And The Economy -- 5.3 The Organization Of Science In Japan -- 5.4 Formulating Science Policy -- 5.5 Technological Diffusion -- 5.6 Creative Technology Policies -- 5.7 Technology Policy In Comparative Perspective -- 5.8 Summary And Conclusions -- Chapter 6. Asian Wall Street: Japanese Banking And Finance -- 6.1 Introduction -- 6.2 Financial Policy And Economic Development -- 6.3 Japan'S Banking System: An Overview -- 6.4 From Competition Within Japan -- 6.5 ... To Tomorrow, The World -- 6.6 Summary And Conclusions.

Maximizing U.S. Interests in Science and Technology Relations with Japan

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309058848
Total Pages : 148 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Maximizing U.S. Interests in Science and Technology Relations with Japan by : National Research Council

Download or read book Maximizing U.S. Interests in Science and Technology Relations with Japan written by National Research Council and published by National Academies Press. This book was released on 1997-08-23 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Japanese Manufacturing Techniques

Author : Richard Schonberger
Publisher : Simon and Schuster
ISBN 13 : 0029291003
Total Pages : 280 pages
Book Rating : 4.0/5 (292 download)

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Book Synopsis Japanese Manufacturing Techniques by : Richard Schonberger

Download or read book Japanese Manufacturing Techniques written by Richard Schonberger and published by Simon and Schuster. This book was released on 1982 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japanese productivity and quality standards have fired the imagination of American managers, but until now there has been little explanation of how to do it -- how to apply Japanese methods at the actual operating level of U.S. manufacturing plants. This book shows you how, exposing otherwise well-informed westernized readers to a new world of management ideas. Author Richard J. Schonberger demonstrates that the Japanese formula for success is based on a number of specific, interrelated techniques -- stunning in their simplicity -- and he shows how these techniques can be put to work in American industries today. Here, in a clear, handbook format, are nine "lessons" for American manufacturers, introducing scores of techniques aimed at simplifying the overly-complex purchasing, inventory, assembly-fine, and quality-control processes of U.S. firms. At the heart of Japanese manufacturing success are two overlapping strategies: "just-in-time" production and "total quality control." Some American manufacturers already know a little about these methods, but Richard Schonberger provides the most comprehensive description of these techniques available: how they developed, how they all fit together, why they are so potent, and how they "snowball" -- unleashing a powerful chain reaction of productivity and quality control improvements each time more simplification is introduced. -- Publisher description.