Japanese Dependence on World Economy

An Approach Toward Economic Liberalization

Leon Hollerman

• Publisher: Princeton University Press
• Year: 2015
• Print ISBN:
  9780691623177
  9780691056258
• eBook ISBN:
  9781400877898
• Topic: Economics
• Subtopic: Economic Theory
• Index: Economics

In order to affirm its status as an "advanced industrial nation," Japan has formally adopted a sweeping program of liberalization in its own trade and payments. In practice, however, this program is subject to various limitations; to a considerable extent the apparently smooth implementation of the liberalization program may be attributed to the system of informal "administrative guidance" by which conflicts have been adjusted and symptoms of economic instability partly suppressed. Professor Hellerman analyzes the interrelations between changes in the structure of Japan's industrial production and the structure of its foreign trade. Applying the theory of industrial organization at the international level, he proceeds from the examination of structure to an evaluation of performance and public policy in Japan's external economic affairs.

Originally published in 1967.

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Table of contents

• Contents
• Part I: Structure
• Part II: Performance
• Part III: Policies