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Economic Ideology and Japanese Industrial Policy: Developmentalism from 1931 to 1965

Economic Ideology and Japanese Industrial Policy: Developmentalism from 1931 to 1965

Paperback

Series: Developmentalism from 1931 to 1965

EconomicsGeneral World History

ISBN10: 0521894506
ISBN13: 9780521894500
Publisher: Cambridge
Published: May 16 2002
Pages: 384
Weight: 1.27
Height: 0.95 Width: 6.06 Depth: 9.00
Language: English
During the Great Depression and World War II, the ideology of developmentalism--characterized by a nationalistic perspective, a production orientation, and a strategic view of the economy, including restraint of market competition and rejection of the profit principle--emerged and strongly influenced policy innovation in Japan and institutional reforms in its economy. Liberal capitalism in the postwar era eliminated the military nature of the Japanese economy, and forced developmentalism to adapt to democratic political institutions and the free trade regime.

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General World History