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MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975
86% of respondents would recommend this to a friend
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The history of MITI is central to the economic and political history of modern Japan. The methods and achievements of the Japanese economic bureaucracy are central to the debate between advocates of command economies and advocates of mixed market economies.
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What Stands Out
Product Details
| Publisher | Stanford University Press |
| Publication date | June 1, 1982 |
| Edition | 1st |
| Language | English |
| Print length | 410 pages |
| ISBN-10 | 0804712069 |
| ISBN-13 | 978-0804712064 |
| Item Weight | 1.2 pounds (540 grams) |
| Dimensions | 6 x 1.03 x 9 inches (15.2 x 2.6 x 22.9 cm) |
Who Should Buy?
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Economic Researchers
Ideal for scholars studying Japan's economic growth and industrial policies for historical and analytical insights.
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Policy Makers
Beneficial for current policymakers seeking lessons and strategies from Japan's successful industrial framework and planning.
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Students of Economics
Great resource for students learning about industrial strategies and the interplay between government and business.
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Casual Readers
Not suitable for general readers without a background in economics or interest in industrial policy specifics.
Product Description
MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975
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Asian Editorial Review
The book "MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975" provides an in-depth exploration of the influential role played by the Japanese ministry in the country's remarkable economic growth during the mid-20th century. It delves into the historical background of the Ministry of Commerce and Industry and the Munitions Ministry, discussing their evolution and impact. The author meticulously outlines the policies and strategies employed by MITI, ranging from tax preferences to technology licensing agreements with foreign corporations. Moreover, the book delves into the ideological nuances of the Japanese economy, juxtaposing it against command and laissez-faire economies. Beyond the economic domain, it also offers insights into Japan's political landscape, particularly in the 1950s-1970s. Appendices detailing the organizational structure of MITI and the roles of its key figures further enrich the study. In the context of wartime economics, the book makes valuable comparisons with economies of other major powers and meticulously analyzes how Japan's economy fared. Additionally, it provides recommendations for supplementary readings on related topics, demonstrating its comprehensive approach. Reviewers laud the book for its insightful and well-researched content, Considering it a pivotal resource for understanding Japan's industrial policy and its intersection with politics and business.
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Pros
- In-depth exploration of MITI's pivotal role in Japan's economic growth
- Comprehensive analysis of policies and strategies employed by MITI
- Insights into the ideological and political dimensions of the Japanese economy
- Valuable comparative analysis of Japan's wartime economy with other major powers
- Appendices offering organizational insights and recommendations for additional readings
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Features & Benefits
- Focuses on the importance of the Ministry of International Trade and Industry (MITI) in Japanese economic growth
- Highlights the collaboration between the state and big business in Japan's economic system
- Compares the achievements of Japanese economic bureaucracy with command and mixed market economies
- Emphasizes the significance of MITI in shaping Japanese political and economic history
- Suggests that Japanese priorities and procedures can offer insights into critical global problems
- Acknowledges that Japanese achievements came with their own set of challenges and costs
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