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Author: Richard E. Caves
Publisher: Washington : Brookings Institution
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
Monograph on industrial policy and the organization of business and industry in Japan - analyses the distinctive features of the Japanese industrial structure (e.g. Industrial monopolys, permanent employment, prevalence of small enterprises, market structure, etc.), and compares it with the industrial system in the USA, etc. References and statistical tables.
Author: Richard E. Caves
Publisher: Washington : Brookings Institution
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
Get Book Here
Book Description
Monograph on industrial policy and the organization of business and industry in Japan - analyses the distinctive features of the Japanese industrial structure (e.g. Industrial monopolys, permanent employment, prevalence of small enterprises, market structure, etc.), and compares it with the industrial system in the USA, etc. References and statistical tables.
Author: Y. Miwa
Publisher: Springer
ISBN: 0230371469
Category : Business & Economics
Languages : en
Pages : 316
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Book Description
`Miwa is one of the leading young Japanese scholars debunking the myths - all too common in the west but eagerly promoted in Japan also - about the distinctive Japanese way. He soberly examines the roles of government and banks, firms and networks, workers and managers. The result is a fine analysis of how where and why the Japanese economic system fundamentally resembles that in the west, with a clear explanation of the few areas where it significantly differs.' - Leslie Hannah, London School of Economics and Political Science `Professor Miwa has earned quite a name for himself in Japan for his brilliant but biting iconoclastic views. Now, Western readers will learn what the fuss has been about. Self-styled authorities on the Japanese economy will squirm, for Miwa takes no prisoners; his logic is relentless, merciless and - inevitably - right.' - J. Mark Ramseyer, the University of Chicago Law School `This is a monumental work, demystifying the Japanese economy and contesting the conventional view that `Japan is different'. In doing so, Professor Miwa paves the way for a new era of comparative study.' - Kazuo Koike, Hosei University, Tokyo `Professor Miwa, no longer an enfant terrible, has established himself as one of the most far-reaching researchers of the contemporary Japanese industrial organisation. His argument is always pointed, provocative, outrageous, but illuminating and productive.' - Yutaka Kosai, Japan Center for Economic Research, Tokyo We love Japan, but many of us for wrong reasons. Studies of Japan's economy are full of misconceptions, described by such keywords as dual structure, keiretsu, corporate groups, main banks, subcontract, and industrial policy. Without using these keywords, the author demonstrates that Japan has for a long time been a world of exchange by agreement rather than by coercion, and that the standard principles of economics explain the dominant patterns of the Japanese economic phenomena. Providing detailed information on firms and industrial organization in Japan, this volume is a doorway both to proper understanding of Japan's economy and the study of actual firms and the market in general.
Author: Hiroyuki Odagiri
Publisher: Oxford University Press
ISBN: 9780198288022
Category : Business & Economics
Languages : en
Pages : 334
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Book Description
This book studies the industrial development of Japan since the mid-nineteenth century, with particular emphasis on how the various industries built technological capabilities. The Japanese were extraordinarily creative in searching out and learning to use modern technologies, and the authors investigate the emergence of entrepreneurs who began new and risky businesses, how the business organizations evolved to cope with changing technological conditions, and how the managers, engineers, and workers acquired organizational and technological skills through technology importation, learning-by-doing, and their own R & D activities. The book investigates the interaction between private entrepreneurial activities and public policy, through a general examination of economic and industrial development, a study of the evolution of management systems, and six industrial case studies: textile, iron and steel, electrical and communications equipment, automobiles, shipbuilding and aircraft, and pharmaceuticals. The authors show how the Japanese government has played an important supportive role in the continuing innovation, without being a substitute for aggressive business enterprise constantly venturing into unfamiliar terrains.
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 industrieslike biotechnology, telecommunications, and information processingwill 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?
Author: Richard E. Caves
Publisher: Washington : Brookings Institution
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
Monograph on industrial policy and the organization of business and industry in Japan - analyses the distinctive features of the Japanese industrial structure (e.g. Industrial monopolys, permanent employment, prevalence of small enterprises, market structure, etc.), and compares it with the industrial system in the USA, etc. References and statistical tables.
Author: Terutomo Ozawa
Publisher: Edward Elgar Publishing
ISBN: 1845425677
Category : Business & Economics
Languages : en
Pages : 252
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Book Description
. . . the book reviewed here will trigger a further interest in this area of research, and will invite more researchers to seek empirical evidence in the study of post-war industrial growth in Japan. Hiroshi Ohashi, Journal of the Japanese and International Economies This book provides a theoretically informed and empirically illustrative account of modern Japanese industrialization. Ozawa s translation of classical political economy to the Japanese context is both original and accessible and is a welcome addition to the literature on the Japanese variety of capitalism. Tim Reiffenstein, Pacific Affairs Ozawa succeeds in extending, building up, and joining the Akamatsu Kojima lineage of this unique Japan-born theory of economic development from a fresh, unconventional, and discerning perspective. From the foreword by Kiyoshi Kojima Terutomo Ozawa examines Japan s once celebrated post-war economic success from a new perspective. He applies a flying geese model of industrial upgrading in a country that is still catching-up, to explore the rise, fall and rebound of Japanese industry with its evolving institutions and policies. The book brings together and expands upon theories developed in the author's work over many years, using them as building blocks for his flying geese model. Concepts explored include: economics of hierarchical concatenation, increasing factor incongruity, comparative advantage (or market) recycling the Ricardo Hicksian trap of industrial production, Smithian growth elan, triumvirate pro-trade structural transformation knowledge creation versus knowledge diversion, the price-knowledge/industry-flow mechanism a la David Hume the syndrome of institutional incongruity, and socially justifiable moral hazard versus degenerative moral hazard. The dynamic process of industrial upgrading is analysed in detail, and important lessons for both developing and transition economies are highlighted. This fascinating book will attract a wide-ranging readership, encompassing practitioners and academics interested in international business, economic development, trade, and political science. In addition, sociologists focussing on business and industry, and researchers on, and policymakers in, developing and transition economies will also find this book of immense interest.
Author: Takafusa Nakamura
Publisher:
ISBN:
Category : Japan
Languages : en
Pages : 320
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Book Description
The economy of Japan, with its high rates of growth, exemplary productivity levels, overall stability, and resilience in the face of financial and other crises, has been one of the wonders of the postwar world. In this book, which has since its first publication in 1981 been a standard text and reference work on the postwar economy, one of Japan's leading economist-scholars describes its workings, its roots in the prewar and wartime years, and its structure and institutions. For this revised second edition, the author has written several new chapters, added data bringing the discussion up to the 1990s, and reorganized the presentation.
Author: Yoshiro Miwa
Publisher: NYU Press
ISBN: 9780814755518
Category : Business & Economics
Languages : en
Pages : 504
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Book Description
The great successes of the Japanese economy have often been attributed to differences in the Japanese economic system. Employing an exhaustive investigation of the roles of the government and banks, firms and networks, and workers and managers, Yoshiro Miwa illustrates that the standard principles of economics explain the dominant patterns of Japanese economic phenomena. Debunking many long-held myths, Miwa deftly propels readers to a fuller, more accurate understanding of the Japanese economy.
Author: Masahiko Aoki
Publisher: Cambridge University Press
ISBN: 9780521386814
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
An in-depth analysis of conventional notions for basic characteristics of the Japanese market economy's microstructure that have significantly influenced economists' approaches to industrial organization.
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.
