Boyle aligns the Japanese government along the lines of the German economic nationalism school of thought (otherwise known in academic circles as neomercantillism).
Boyle points out that it was not the government's involvement in its economy that made the Japanese economic approach unique, as all governments play a role in their economies. What makes the Japanese situation unique is just how the government influenced economic growth. Whereas most western democracies have an economy based on the market, or in other words the government allows the market to control the direction of the economy, the Japanese system was plan orientated.
Under a plan-orientated economy, the government establishes specific economic goals and then creates policies to govern the private industries in a manner that allows these goals to be met. This system of government influence in the economy for the purpose reaching a political-economic goal was not identical to the similar goal-orientated economic policies found in socialist nations like the U.S.S.R. In a socialist state the government is the economy and therefore steers the ship towards the goals. In Japan, on the other hand, the government merely creates incentives to encourage specific industries to flourish. A perfect example of this was the ministry's decrease on tariffs for technology imports. This policy lead, under a free-market mentality, the technology industry to increase, which eventually lead to Japan meeting its economic goal of becoming the dominant international exporter...
Japan's Economic Crisis Following the United States terrorist attacks on September 11 and the outbreak of mad cow disease, economic analysts are predicting the onset of a deepening recession in Japan. Some are even referring to the possibility of a depression in the world's second largest economy, due to the global economic downturn. Recently released surveys of future trends together with economic data recording economic performance over recent months point at least
“As Long as The Personal and Societal Safety of American Citizens Is at Risk from External Threats, Historical Precedents Suggest That Rather Few Limits Will Be Placed on The Use of American Military Power, Or on The Constraints the United States Will Impose on The Peoples of Other Countries.” The government of America exists for its citizens’ welfare, an obligation which encompasses being in charge of both its internal and external
The U.S. Army 2d Infantry Division, together with South Korean forces, is likewise poised near the demilitarized zone. The 2d Infantry Division is also supported by massive air power that could easily -- and quickly -- decimate North Korea just as air power was used during the Korean War to level hundreds of North Korean cities, towns and villages. According to Bechtel, "The 2d Infantry Division operates 30 multiple-rocket-launcher
North Korea Political Position Regarding United States Threatening for U.S. government This assignment demonstrates the position of politics of North Korea regarding United States. North Korea developed third nuclear technology that brought an impact on United States. This assignment discussed the threats given by North Korea to United States. This assignment also puts light on the implications of technology on North Korea regarding United States. During the period of the cold war, North
United States healthcare programs to citizens compare with the healthcare provided to residents in other countries? That question will be the focus of this paper, along with the background to the decision of major health insurance companies to support the candidacy of Republican Mitt Romney. Where does the U.S. stand in the world when it comes to healthcare? According to a statement by the Speaker of the House of Representatives, John
Tuna-Dolphin case between Mexico and U.S. started in 1990s when Mexican fishing fleets were blamed for causing more dolphin killings than the U.S. fishing fleets. The United States imposed a trade embargo on the tuna imported from Mexico which had a negative impact on the economy of the latter. Mexico filed its complaint through the General Agreement on Tariffs and Trade (GATT) which is based in Geneva. The GATT
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now