Planning for Change: Industrial Policy and Japanese Economic Development 1945-1990

Paperback | March 1, 1993

byJames Vestal

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This book evaluates the role that government industrial policy, through agencies such as MITI, has played in Japan's extraordinary post-war development. It shows that a stable, gradual, and long-term perspective was the key to Japan's development, rather than `picking winners'. The authorbelieves that Japan's experience has relevance to the challenges facing the transitional economies. He also points out the way that in recent years - when so much attention in the West has turned to Japan - that industrial policy has actually shrunk there.

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This book evaluates the role that government industrial policy, through agencies such as MITI, has played in Japan's extraordinary post-war development. It shows that a stable, gradual, and long-term perspective was the key to Japan's development, rather than `picking winners'. The authorbelieves that Japan's experience has relevance t...

James Vestal is at Keio University..
Format:PaperbackDimensions:256 pages, 9.21 × 6.14 × 0.59 inPublished:March 1, 1993Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0198290276

ISBN - 13:9780198290278

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`This book is must reading for everyone interested in industrial policy. Japan is almost always used as the example of successful industrial planning. Everyone using the Japanese model seems to have a different understanding of the Japanese experience. In this well-documented book theauthor does an excellent job of putting the Japanese experience in perspective.'Manufacturing Competitiveness Frontier