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The Industrial Policy of Japan

Published online by Cambridge University Press:  28 November 2008

Jill Hills
Jill Hills
Affiliation:
Department of Government, University of Manchester
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Abstract

Japan has been characterised as the most successful industrialised country in its ability to attain growth in GNP, even during a world recession. This article explores the background to the Japanese economic success of postwar years. It emphasises in particular the part played in that success by the Japanese banking sector and cheap credit extended to expanding industries. The article discusses the respective roles of the Ministry of Trade and Industry and the Ministry of Finance. It concludes that both domestic and international pressures are producing changes within the Japanese economy which are reflected in alterations in the tasks and influence of these institutions.

Type
Research Article
Information
Journal of Public Policy , Volume 3 , Issue 1 , February 1983 , pp. 63 - 80
Copyright
Copyright © Cambridge University Press 1983

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