1. How has Japan's industrial strategy evolved over time
... instituted to make industrial investment profitable. High tariffs were prohibited because of an 'unequal' treaty with the US. Japan did not obtain tariff autonomy until 1911. It was during this time that the themes of modern Japanese industrial policy emerge. After a decade and a half of direct state operation of economic enterprises, Meiji Japan began to shift away from state entrepreneurship to ... investments were increased. Central and local governments were committed to build infrastructure for industry like ports, electric power grids, highways etc. Another important element of Ja...
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- Grade Level: Undergraduate