1. How has Japan's industrial strategy evolved over time
... of their banks rather than their former family holding companies. In 1945, SCAP (which exercised complete control of all exports and imports of goods and services as well as all foreign exchange transactions) directed the Japanese government to create a single government agency to account for and distribute the goods that SCAP itself imported into Japan and to receive and transfer all ... over Japanese industrial policy. During 1949 SCAP began a policy of transferring some of its own controlling and supervisory powers to the Japanese government. As a result of this the foreign control l...
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- Grade Level: Undergraduate