Japan's Response to the Crisis of Industrial Adjustment
Author | : Donna Jean Keyser |
Publisher | : |
Total Pages | : 302 |
Release | : 1990 |
Genre | : Economic stabilization |
ISBN | : |
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Author | : Donna Jean Keyser |
Publisher | : |
Total Pages | : 302 |
Release | : 1990 |
Genre | : Economic stabilization |
ISBN | : |
Author | : Michèle Schmiegelow |
Publisher | : Routledge |
Total Pages | : 310 |
Release | : 2018-10-24 |
Genre | : Business & Economics |
ISBN | : 1317235118 |
Originally published in 1986, after a period of global changes and financial crisis in the majority of industrialised countries, this book explores how Japan’s economy seemed to maintain its success. This study provides an overview of the Japanese case and the main schools of thought that arose from it by dealing with export-related issues such as reforms in foreign exchange and trade control laws and the internationalisation of Japan’s financial markets as well as more domestic issues such as employment and wages. This title will be of interest to students of Asian Studies and Economics.
Author | : RIETI |
Publisher | : Springer |
Total Pages | : 322 |
Release | : 2020-09-18 |
Genre | : Business & Economics |
ISBN | : 9789811519895 |
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.
Author | : Chalmers Johnson |
Publisher | : Stanford University Press |
Total Pages | : 818 |
Release | : 1982-06 |
Genre | : Political Science |
ISBN | : 080476560X |
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.
Author | : Robert M. Uriu |
Publisher | : Cornell University Press |
Total Pages | : 305 |
Release | : 2019-04-15 |
Genre | : Political Science |
ISBN | : 1501739034 |
Robert M. Uriu analyzes the industrial policy-making process in Japan for industries faced with sudden economic decline. He takes exception to the traditional view that policy bureaucrats in Japan are autonomous and insulated from societal pressures, arguing that the private sector in Japan has been actively involved in developing and implementing industrial policy. After carefully defining his conceptual framework, Uriu presents case studies of four industries: cotton spinning, steelmaking in minimills, synthetic fibers, and ship building, along with less detailed examinations of coal mining, aluminum smelting, paper, and steelmaking in integrated mills. These industries, he suggests, have sought public policies that enable them to manage competition domestically. In particular, they have fostered cartels to control production or capacity levels in an attempt to stabilize their industry's conditions. In textiles, steel, and ships, Uriu focuses on several of the industries most important to Japan's early postwar economic successes, the very ones first to confront the problems of decline and adjustment. Uriu also shows how Japan's policy choices more recently have become constrained by changes in the domestic antitrust environment and in Japan's external relations. In particular, pressures from Japan's trading partners have limited the policy tools available to Tokyo. As a result, industries have experienced increasing difficulties over time in managing competition in the domestic market. Analysts need to integrate domestic and international factors more carefully, Uriu argues, in order to trace more accurately the interactions between industry actors and the policy environment they face.
Author | : United States. Congress. Joint Economic Committee |
Publisher | : |
Total Pages | : 138 |
Release | : 1982 |
Genre | : Government publications |
ISBN | : |
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 100 |
Release | : 1982 |
Genre | : Industrial promotion |
ISBN | : |
Author | : Rita E. Neri |
Publisher | : Routledge |
Total Pages | : 420 |
Release | : 2018-02-21 |
Genre | : Social Science |
ISBN | : 1351377450 |
This bibliography, first published in 1988, consists of annotated entries of monographs and journal articles published in English that discuss socio-economic aspects of Japanese society as well as the general and economic dynamics of United States-Japan trade relations. Emphasis is on the Japanese perspective.
Author | : C. Moriguchi |
Publisher | : Springer Science & Business Media |
Total Pages | : 406 |
Release | : 2013-03-09 |
Genre | : Business & Economics |
ISBN | : 9401581851 |
In the autumn of 1990 there was a sense of change taking place in the world economy. Readiness for war was occurrin~ in the Middle East and a recession was already underway in a few major countries. The forces of reform and political re-shaping were visible in Eastern Europe and the Soviet Union. We economists, gathering in Osaka, Japan, under the auspices of the International Institute for Advanced Studies (Kyoto) could recognize that the Cold War was over and that politico-economic restructuring would take place among the powers in the Warsaw Treaty Organization. Much has happened since the latter part of 1990 to affect international economic stability. The events of that period were both positive and negative for economic stability, but our concern was weighted towards the negative side. Dur charge and sponsorship was scholarly, and the papers from the learned contributors to the symposium and this resulting volume used the many tools of economic analysis to try to understand the ongoing developments. In the intervening period, while this volume was being prepared and edited, we did not cnange our viewpoints in any fundamental way, and we can take satisfaction in the way our symposium either relates to the unfolding sequence of events in a substantive sense or provides a framework in which to study these events.
Author | : Stephen Wilks |
Publisher | : Springer |
Total Pages | : 365 |
Release | : 2016-07-27 |
Genre | : Political Science |
ISBN | : 1349122181 |
The international projection of Japan's corporate and technological power is transforming world manufacturing and the international political economy. Debate rages about Japan's economic success and the role of the state in nurturing it. The Japanese background to these debates is widely misunderstood and are analysed in research-based chapters by British and Japanese specialists on government-industry relations. Japanese policies for industrial promotion, regulation and decline are set in a context of comparative political economy. Sectors include pharmaceuticals, shipbuilding and telecommunications in the US and Japan.