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Despite the destruction of its social and economic infrastructure during the Second World War, Japan's subsequent remarkable recovery and growth propelled it rapidly into the ranks of the developed nations. In order to trace this post-war transformation formally, the Japanese Ministry of International Trade and Industry (MITI) convened a committee of independent academics to compile a seventeen-volume History of Japanese Trade and Industry Policy, of which this volume acts as a summary. Translated for the first time into English, it examines the planning, drafting, and implementation of various policies adopted by MITI against their economic and industrial background in the period from 1945 to 1979. It provides an objective overview and analysis of the development of international trade and industry policy that will be of interest to economists, political scientists, policy-makers, and public administration lawyers alike.
Mikio Sumiya is Professor Emeritus, the University of Tokyo. He is Director of Section One of the Japan Academy.
PART I. INTRODUCTION ; PART II. THE REORGANIZATION OF THE JAPANESE ECONOMY ; PART III. ATTAINMENT OF ECONOMIC SELF-SUPPORT ; PART IV. HIGH-LEVEL GROWTH AND THE DEVELOPMENT OF THE OPEN ECONOMY ; PART V. CHANGES IN THE INTERNATIONAL ECONOMY AND KNOWLEDGE-INTENSIVE INDUSTRY