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Paperback Japanese Industrial Targeting: The Neomercantilist Path to Economic Superpower Book

ISBN: 1349212865

ISBN13: 9781349212866

Japanese Industrial Targeting: The Neomercantilist Path to Economic Superpower

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Format: Paperback

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Book Overview

Japan achieved it's present economic position by rejecting free trade theory and instead mastering neomercantilist policies which target strategic industries for development with a range of government sponsored cartels, subsidies, import barriers and export incentives. These policies stimulated an economic growth rate which averaged ten percent before 1973, and five percent since, rates four and two times greater than America's during the same periods...

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