Troubled Industries : Confronting Economic Change in Japan / Robert M. Uriu.

Format:

Book

Author/Creator:

Uriu, Robert M., author.

Series:

Cornell studies in political economy.

Cornell Studies in Political Economy

Language:

English

Subjects (All):

Industrial policy--Japan.

Industrial policy.

Physical Description:

1 online resource (xiii, 285 pages).

Place of Publication:

Ithaca, NY : Cornell University Press, [2019]

Language Note:

In English.

Summary:

Robert M. Uriu analyzes the industrial policy-making process in Japan for industries faced with sudden economic decline. He takes exception to the traditional view that policy bureaucrats in Japan are autonomous and insulated from societal pressures, arguing that the private sector in Japan has been actively involved in developing and implementing industrial policy.After carefully defining his conceptual framework, Uriu presents case studies of four industries: cotton spinning, steelmaking in minimills, synthetic fibers, and ship building, along with less detailed examinations of coal mining, aluminum smelting, paper, and steelmaking in integrated mills. These industries, he suggests, have sought public policies that enable them to manage competition domestically. In particular, they have fostered cartels to control production or capacity levels in an attempt to stabilize their industry's conditions. In textiles, steel, and ships, Uriu focuses on several of the industries most important to Japan's early postwar economic successes, the very ones first to confront the problems of decline and adjustment.Uriu also shows how Japan's policy choices more recently have become constrained by changes in the domestic antitrust environment and in Japan's external relations. In particular, pressures from Japan's trading partners have limited the policy tools available to Tokyo. As a result, industries have experienced increasing difficulties over time in managing competition in the domestic market. Analysts need to integrate domestic and international factors more carefully, Uriu argues, in order to trace more accurately the interactions between industry actors and the policy environment they face.

Contents:

Frontmatter

Contents

Tables and Charts

Preface

PART I. THE POLITICAL ECONOMY OF INDUSTRIAL ADJUSTMENT

1. Introduction

2. Industrial Structure and Industry Preferences

3. Turning Industry Preferences into Policy Choices: The Industrial Policy-Making Environment

PART II. CONFRONTING ECONOMIC CHANGE

4. Politicized Industries: Cotton Spinning and Coal Mining (Type IV)

5. Marginalized Industries: Steel Minimills and Paper (Type III)

6. Flexible Industries: Synthetic Fibers and Aluminum (Type I)

7. Mixed-Incentive Industries: Shipbuilding and Integrated Steel (Type II)

PART III. INDUSTRY ACTORS, THE POLICY-MAKING ENVIRONMENT, AND POLICY CHOICES

8. The Structural Determinants of Industry Behavior

9. Rethinking Government-Industry Relations in japan

References

Index

Notes:

Description based on online resource; title from PDF title page (publisher's Web site, viewed 28. Aug 2019)

ISBN:

1-5017-3903-4

OCLC:

1114844534