ENGLISH

Japanese Industrial Targeting: The Neomercantilist Path to Economic Superpower

By William R. Nester (auth.)

Book information

Publisher
Palgrave Macmillan UK
Year
1991
ISBN
978-1-349-21286-6, 978-1-349-21284-2
DOI
10.1007/978-1-349-21284-2
Language
english
Format
PDF
Filesize
28 MB (29104349 bytes)
Edition
1
Pages
VII, 297\300
Time added
2017-06-25 01:07:36
Regional/Spatial Science;International Economics;I

Description

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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