1. How has Japan's industrial strategy evolved over time
... 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 collaboration with ... increasing the eventual losses to the system. By 1998 even venerable institutions like the Long-Term Credit Bank of Japan had to be bailed out by the government. Japan has long relied on four industrie...
- Word Count: 2570
- Approx Pages: 10
- Grade Level: Undergraduate