| Description |
x, 244 pages : illustrations ; 24 cm |
| Contents |
1. Introduction -- 2. Economic Recovery, Rapid Growth, and Industrial Policy. 2.1. Post-War Recovery and the Occupation of Japan (1945-1952). 2.2. The Second Chance: Industry Rationalization, Modernization, and Growth (1952-1960). 2.3. Trade Liberalization in a Maturing Economy (1961-1970). 2.4. Fragmenting National Consensus and External Shocks (1970-1973) -- 3. Methodological Issues in Evaluating Japanese Industrial Policy. 3.1. A Simple Dynamic Framework. 3.2. Policy Optimality, Policy Feasibility, and Policy Effectiveness. 3.3. Historical View of Industrial Policy -- 4. Evidence on the Efficacy of Industrial Policy During the High-Growth Period. 4.1. The Rationality of Industrial Policy. 4.2. The Impact of Industrial Policy on Resource Allocation. 4.3. Policy Impact on Potential Growth. 4.4. Institutional Requirements for Policy Efficacy -- 5. Industrial Policy and the Japanese Steel Industry (1945-1990). 5.1. Priority Production and the Japanese Steel Industry (1946-1949) |
|
5.2. Rationalization and Modernization (1950-1960). 5.3. Trade Liberalization, Mergers, and Excess Capacity (1961-1973). 5.4. Industrial Policy Towards a Declining Steel Industry (1971-1990). 5.5. Evaluating Industrial Policy Towards Steel -- 6. Lessons for Developing Countries. 6.1. Policy Success and Failure: Economic insights. 6.2. The Favours of History. 6.3. Implementing Industrial Policy in Other Developing Nations -- 7. External Shocks, Industrial Policy, and the Search for Balanced Growth. 7.1. Adjusting to the Oil Crises (1973-1981). 7.2. Administrative Reform, Export-Led Growth, and Trade Friction - the Search for Balanced Development (1981-1990) -- 8. Evaluating Recent Industrial Policy (1973-1990). 8.1. Reaction to the Oil Crises: Policy Rationality and Policy Impact in the 1970s. 8.2. Policy Rationality and Policy Impact in the 1980s. 8.3. Lessons for Industrialized Nations -- 9. Japanese Industrial Policy, Past and Future |
|
9.1. Industrial Policy as an Explanation for Growth. 9.2. The Future Role of Industrial Policy in Japan. 9.3. Some Qualifications |
| Summary |
Dividing the period into three main phases, the author shows that policy played a crucial role in the initial period of post-war recovery. It did so not by "picking winners" but by creating a stable base from which development could occur by spreading the cost of introducing market competition over time |
| Analysis |
Economics Growth History |
|
Japan |
|
Economics Growth History |
|
Japan |
| Notes |
Bibliography: p233-237. - Includes index |
| Bibliography |
Includes bibliographical references (pages [233]-237) and index |
| Notes |
Print version record |
| Subject |
Industrial policy -- Japan -- History -- 20th century.
|
|
Industries -- Japan -- History -- 20th century.
|
| SUBJECT |
Japan -- Economic policy -- 1945-
http://id.loc.gov/authorities/subjects/sh85069410
|
|
Japan -- Economic policy -- 1945-1989.
http://id.loc.gov/authorities/subjects/sh90003625
|
| LC no. |
93013950 |
| ISBN |
0198288085 (acid-free paper) |
|
