Between MITI and the Market

Between MITI and the Market PDF Author: Daniel I. Okimoto
Publisher: Stanford University Press
ISBN: 0804718121
Category : Technology & Engineering
Languages : en
Pages : 572

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Book 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 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?

Between MITI and the Market

Between MITI and the Market PDF Author: Daniel I. Okimoto
Publisher: Stanford University Press
ISBN: 0804718121
Category : Technology & Engineering
Languages : en
Pages : 572

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Book 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 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?

High Technology and Japanese Industrial Policy

High Technology and Japanese Industrial Policy PDF Author: Julian Gresser
Publisher:
ISBN:
Category : Computer industry
Languages : en
Pages : 88

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Book Description


High Technology and Japanese Industrial Policy

High Technology and Japanese Industrial Policy PDF Author: Julian Gresser
Publisher:
ISBN:
Category : Industries
Languages : en
Pages : 0

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Book Description


Japanese High Technology Industrial Policy in Comparative Context

Japanese High Technology Industrial Policy in Comparative Context PDF Author: Hugh T. Patrick
Publisher:
ISBN:
Category : High technology industries
Languages : en
Pages : 108

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Book Description


The Japanese Industrial System

The Japanese Industrial System PDF Author: Charles J. McMillan
Publisher: Walter de Gruyter
ISBN: 9783110150865
Category : Business & Economics
Languages : en
Pages : 452

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Book Description
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.

Japan's High Technology Industries

Japan's High Technology Industries PDF Author: Committee on Japanese Economic Studies (U.S.)
Publisher: Seattle : University of Washington Press
ISBN: 9780295963426
Category : High technology industries
Languages : en
Pages : 316

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Japan's High Technology Industries

Japan's High Technology Industries PDF Author: Hugh T. Patrick
Publisher:
ISBN:
Category : High technology industries
Languages : en
Pages : 277

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Book Description


Japan's Growing Technological Capability

Japan's Growing Technological Capability PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309047803
Category : Technology & Engineering
Languages : en
Pages : 244

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Book Description
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.

MITI and the Japanese Miracle

MITI and the Japanese Miracle PDF Author: Chalmers Johnson
Publisher: Stanford University Press
ISBN: 080476560X
Category : Political Science
Languages : en
Pages : 818

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Book Description
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.

Divided Sun

Divided Sun PDF Author: Scott Callon
Publisher: Stanford University Press
ISBN: 0804731543
Category : History
Languages : en
Pages : 516

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Book Description
Despite widespread claims to the contrary, Japan's high-tech industrial policies over the last two turbulent decades have proved to be neither cooperative nor successful. This book focuses on MITI and Japan's giant electronics firms—their ambitions and conflicts—to show that the policymaking process is torn by conflict and competition.