Japanese Industrial Targeting

Japanese Industrial Targeting
Author :
Publisher : Palgrave Macmillan
Total Pages : 297
Release :
ISBN-10 : 1349212865
ISBN-13 : 9781349212866
Rating : 4/5 (866 Downloads)

Book Synopsis Japanese Industrial Targeting by : William R. Nester

Download or read book Japanese Industrial Targeting written by William R. Nester and published by Palgrave Macmillan. This book was released on 2014-01-14 with total page 297 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.


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