1. How has Japan's industrial strategy evolved over time
... shift away from state entrepreneurship to collaboration with privately owned enterprises, favouring those capable of adopting new technologies and who could contribute to economic growth. In the pre Second World War era this collaboration between state and private sectors took the form of close government ties to the zaibatsu (privately owned industrial empires). The government induced the zaibatsu to invest in ... them the power to supervise competition. However Japan's economy had few sources from which to rebuild industry. Also the measures that resulted from Joseph Dodge's plan to con...
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- Approx Pages: 10
- Grade Level: Undergraduate