Japan as a model industrialized Nation

With the japanese parsimony being viewed as one of the al intimately large, industrialized economies in the world, it is vital that one considers all of the requirements of a highly industrialized society, and non base their judgments solely on scotch output. Through an abridgment of japans belief on her government to regulate her economy, it provide be conventional that she cannot vie in the global market. Furthermore, it entrust be demonstrate that con crystallise to Alexander Gerschenkrons theory alluding to industrialization, japan has not positive in a manner that will take into throwaway her to prosper. Lastly, the fact that lacquer depends on technological borrowing supports Gerschenkrons theory for late industrializers. When examining all of these aspects as a whole, it is compulsory that when referring to Alexander Gerschenkrons theory regarding industrialization, Japan cannot be sort out as a model industrialized nation, as she possesses the characteri stics of a late industrializer with a weak economic capacity. Japans reliance on her government to regulate two profession practices and business operations reflects unfair protectionism and her inability to contend in the global market. This will be validated by means of an analysis of the role of the Ministry of supranational flip-flop and Industry (MITI) inside Japans economy. Furthermore, an elucidation of a U.S based makers experience in doing business in Japan will reflect protectionism within the nation.

Finally, a case view on the automobile industry in Japan will be analyzed, and will portray Japan s reliance on her government. When combined ! this evidence will exemplify the fact that Japan is unable to compete without the influence of her government and wherefore cannot be considered an economic power or an industrialized model. The most prominent government influence in Japan is the Ministry of International Trade and Industry (MITI), which controls a great deal of her economy; The arrangement of the... If you want to get a full essay, lodge it on our website: BestEssayCheap.com

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