Between MITI and the Market: Japanese Industrial Policy for High Technology by D

Description: Between MITI and the Market by Daniel I. Okimoto Attempts to identify the reasons for the comparative effectiveness of Japanese industrial policy for high technology by answering the 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? FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description 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 industries-like biotechnology, telecommunications, and information processing-will follow the same pattern. But is industrial policy the main reason for Japans economic achievements? The author asserts that the reasons for Japans 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 MITIs capacity to intervene effectively? What elements in Japans political system help insulate industrial policymaking from the demands of interest-group politics? Table of Contents Contents 1. 2. 3. 4. Long Description 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 industries--like biotechnology, telecommunications, and information processing--will follow the same pattern. But is industrial policy the main reason for Japans economic achievements? The author asserts that the reasons for Japans 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 MITIs capacity to intervene effectively? What elements in Japans political system help insulate industrial policymaking from the demands of interest-group politics? Details ISBN0804718121 Author Daniel I. Okimoto Short Title BETWEEN MITI & THE MARKET Publisher Stanford University Press Language English ISBN-10 0804718121 ISBN-13 9780804718127 Media Book Format Paperback Year 1990 Imprint Stanford University Press Subtitle Japanese Industrial Policy for High Technology Place of Publication Palo Alto Country of Publication United States DEWEY 338.0640952 Birth 1942 Pages 288 Illustrations black & white illustrations DOI 10.1604/9780804718127 UK Release Date 1990-06-01 AU Release Date 1990-06-01 NZ Release Date 1990-06-01 US Release Date 1990-06-01 Series Studies in International Policy Publication Date 1990-06-01 Alternative 9780804712989 Audience Undergraduate We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:159341791;

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