1. How has Japan's industrial strategy evolved over time
... choose the industries for development by allocating foreign exchange as and when needed; the ability to dispense preferential financing above and beyond this, tax breaks and protection from foreign competition- which gave them the ability to lower the costs of the selected industry and finally the authority to order mergers and the creation of cartels and bank based conglomerates ... - which gave 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 control high post-war ...
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- Approx Pages: 10
- Grade Level: Undergraduate