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


Blowout Sale! Save 86% on the Planning for Change: Industrial Policy and Japanese Economic Development 1945-1990 by Clarendon Press at Translate This Website. MPN: line figures, tables. Hurry! Limited time offer. Offer valid only while supplies last. In addition to providing an overview of Japanese development and industrial policy measures used during the 1945-1990 period, this book assesses the contribution that industrial policy made to Japan's phenomenal economic success. James Vestal concludes that a stable, gradual, and long term perspective was key to Japan's development, rather than ''picking winners.'' Policy makers selectively blocked competition in inefficient sectors in order to maintain employment, which was necessary given


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In addition to providing an overview of Japanese development and industrial policy measures used during the 1945-1990 period, this book assesses the contribution that industrial policy made to Japan's phenomenal economic success. James Vestal concludes that a stable, gradual, and long term perspective was key to Japan's development, rather than "picking winners." Policy makers selectively blocked competition in inefficient sectors in order to maintain employment, which was necessary given that Japan's productive capital was decimated in the war. Barriers to competition were raised as the Japanese economy became able to provide full employment at above subsistence wages. Given the enormous upheaval associated with introducing a competitive market structure, the Japanese case has important lessons for Russia and Eastern European nations today.

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Additional Information

Manufacturer:Clarendon Press
Part Number:line figures, tables
Publisher:Clarendon Press
Studio:Clarendon Press
MPN:line figures, tables
EAN:9780198288084
Item Weight:1.21 pounds
Item Size:0.86 x 9.5 x 9.5 inches
Package Weight:1.22 pounds
Package Size:9 x 6 x 6 inches

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

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

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