Japanese Targeting Successes, Failures, Lessons [Paperback]

A study of how industrial policy and targeting accelerated Japanese economic development and affected the rest of the world. This book considers who targeted industries, how they were chosen and what techniques were used to support them. It examines both theory and practice of targeting.Part 1 What, who, how: background; definitions; Japanese style; historical origins; reasons and rationalisations; the great industrial policy debate; institutions; the politicians; MITIocrats; other bureaucrats; the business community; bureaucrats Vs. businessmen (first round); the people; is there a Japan Inc.?; techniques; market manipulation; finacial support; technological advance; the competitive urge; creating the right climate; company targeting. Part 2 Case studies: risen sectors; rising sectors - public; rising sectors - private; sectors slated to rise; declining sectors. Part 3 Results and reactions: rating success; foreign repercussions; what now?.