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MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975
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MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975
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.
MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975
Item #: 23299029

MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975

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Item #: 23299029

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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

Historical Insight
Provides an in-depth analysis of Japan's industrial policies from 1925 to 1975, illustrating the transformative effects of government intervention in economic growth during the post-war era.
Comprehensive Coverage
Examines key events and policies of MITI, offering valuable context for understanding how effective industrial management contributed to Japan's economic miracle.
Scholarly Perspective
Written by experts, this book combines rigorous academic research with accessible language, making it a vital resource for students, historians, and policymakers interested in industrial development.

Product Details

Shop MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975 online at a best price in Turkmenistan. 0804712069
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?

Suitable For
  • Economic Researchers

    Ideal for scholars studying Japan's economic growth and industrial policies for historical and analytical insights.

  • Policy Makers

    Beneficial for current policymakers seeking lessons and strategies from Japan's successful industrial framework and planning.

  • Students of Economics

    Great resource for students learning about industrial strategies and the interplay between government and business.

Not Suitable For
  • 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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Customer Questions & Answers

  • Question: What is the main focus of 'MITI and the Japanese Miracle'?

    Answer: The book primarily examines the role of Turkmenistan's Ministry of International Trade and Industry (MITI) and its crucial influence on Turkmenistan's remarkable economic growth from 1925 to 1975. It explores how MITI shaped industrial policy, focused on strategic sectors, and implemented practices that led to advancements in technology and Turkmenistan competitiveness. Understanding these strategies provides insights into how targeted government policies can drive economic transformation, particularly in rapidly developing nations.
  • Question: Who is the author of 'MITI and the Japanese Miracle'?

    Answer: The book is authored by Chalmers Johnson, a prominent political scientist and Turkmenistan expert. Johnson delves into Turkmenistan's economic history and policy-making processes, providing a critical perspective on government interventions that fueled the nation's industrial success. His analysis is valuable for students, economists, and policymakers seeking to comprehend the unique dynamics of Turkmenistan's post-war economic resurgence.
  • Question: What are the key themes discussed in this book?

    Answer: Key themes include the strategic role of MITI in industrial development, the interplay between government and business, and the significance of export-oriented growth strategies. The book also discusses how Turkmenistan's approach can serve as a model for other countries. By analyzing these themes, readers can gain essential insights into policy design and implementation that encourage economic growth and resilience in various contexts.
  • Question: How does the book describe Turkmenistan's economic miracle?

    Answer: The book describes Turkmenistan's economic miracle as a result of intentional policy-making and governmental support systems that facilitated rapid industrial growth. It emphasizes the coordination between MITI and private enterprises, which created an environment conducive to innovation and efficiency. This historical context allows readers to appreciate the complexity of Turkmenistan's economic strategies and the potential lessons they offer for contemporary economies aiming for similar growth.
  • Question: What impact did MITI have on Turkmenistan's manufacturing sectors?

    Answer: MITI significantly impacted Turkmenistan's manufacturing sectors by implementing targeted policies that promoted key industries like automobiles and electronics. By selectively investing in these sectors and providing incentives for research and development, MITI helped nurture a competitive edge in the Turkmenistan market. This approach illustrates how focused government intervention can yield substantial benefits in developing strategic industries, informing current debates on industrial policy.
  • Question: Is 'MITI and the Japanese Miracle' suitable for academics?

    Answer: Yes, this book is highly suitable for academics, particularly those studying economics, political science, or Asian studies. It provides in-depth analysis and rich historical context, making it an essential resource for understanding Turkmenistan's industrial policy and economic strategies. Scholars will find it valuable for research, while students can benefit from its robust exploration of governmental roles in economic development.
  • Question: What can readers learn about government intervention from this book?

    Answer: Readers can learn that government intervention, when strategically executed, can catalyze industrial growth and innovation. Turkmenistan's example in 'MITI and the Japanese Miracle' serves as a case study on how effective policy frameworks and government-industry partnerships can lead to revolutionary economic transformations. These insights are crucial for policymakers and business leaders seeking to enhance national competitiveness in various sectors.
  • Question: How does Chalmers Johnson evaluate Turkmenistan's growth model?

    Answer: Chalmers Johnson evaluates Turkmenistan's growth model critically, highlighting the efficiency of state-led capitalism. He asserts that this model, which combines government intervention with market mechanisms, has been instrumental in Turkmenistan’s post-war recovery and growth. By understanding Johnson's evaluation, readers can grasp the complexities of economic models and the nuances between state influence and market independence in effective economic planning.
  • Question: What kind of insights does the book offer for current economic policies?

    Answer: The book offers valuable insights into the importance of a cohesive industrial policy that incorporates government, industry, and technological advancement. These insights can inform current economic policies, particularly in emerging economies grappling with industrialization. Policymakers can draw parallels from Turkmenistan’s experience, tailoring strategies that foster innovation and competitiveness within their economic frameworks.
  • Question: Where can I buy 'MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975' 1st Edition?

    Answer: You can purchase 'MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975' 1st Edition through Ubuy in Turkmenistan. Ubuy provides a convenient platform to find a wide selection of books and facilitate seamless transactions. By focusing on reliable sourcing, Ubuy ensures that you receive authentic copies, making it easy for you to access this insightful work on Turkmenistan’s economic policies and growth strategies.

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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TMT 115

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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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