Can Japan Globalize?: Studies on Japan’s Changing Political by Malcolm Trevor (auth.), Dr. Arne Holzhausen (eds.)

By Malcolm Trevor (auth.), Dr. Arne Holzhausen (eds.)

Japan's private recession because the moment international conflict has come to an result in 2000. but, the duty of reforming Japan is way from accomplished. the present political glide has introduced deregulation to a untimely finish placing the nonetheless weak restoration in danger. What structural alterations have already taken position? What vital reforms need to be undertaken sooner or later?
The contributions of the e-book make clear the transitional direction of the japanese process amid fast globalization. Can Japan Globalize? covers a large variety of components from macro- and micro-economic buildings to political and social relations.

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Additional info for Can Japan Globalize?: Studies on Japan’s Changing Political Economy and the Process of Globalization in Honour of Sung-Jo Park

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The Public Utilities Commission was abolished in 1952. Since then the Ministry of International Trade and Industry (MITI) has been the supervising authority over the electric power industry until now. Incidentally, the Ministry of Communications was dissolved in 1949. GHQ originally envisioned a plan for seven or ten companies, but ultimately accepted Matsunaga's plan for nine companies. The Government-Industry Relationship in Japan 27 case, the experience of private management was of importance to a considerable degree.

It should be kept in mind, however, that when the 1931 revision of the old law was under deliberations, the regional monopolies as we know them today had not yet been established, and the power companies were competing fiercely with each other in the so called "Electric Power War". It was in spite of such cutthroat competition that the industry performed its coordinating function. Epitomizing the industry initiative is the publication, in 1928, of "Denryoku Tosei Shiken" by Yasuzaemon Matsunaga.

That is, instead of the direct management by the government, a public corporation, NIT, was established in 1952. 5 Deregulation in the 1980s The international wave of privatization in the 1980s reached Japan too. In the middle of the decade Nippon Telegraph and Telephone (NTT), Japan National Railways (JNR), and Japan Monopoly Corporation (JMC) were privatized one after another. The privatization of NTT in 1985 was combined with the introduction of competition to Japan's telecommunications business with the aim of increasing efficiency and improving service.

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