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Early Industrialization and the Adumbrated LME

In: The Rise of the Japanese Specialist Manufacturer

Author

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  • Ferguson Evans

Abstract

We have established in Chapter 3 the universal character of the LME. However, having said that LMEs are not unique to any particular national economy, there is still leeway to entertain the proposition that certain national economies can be distinctly amenable to the germination and spread of this kind of enterprise. Japan, it is argued here, is one such country. And furthermore, it is contended that this eventuality has been instrumental in bringing a distinctive quality to how the Japanese economy has addressed the outside world as it has internationalized and globalized. What Japan brings to the table of globalization has its own unique presentation and flavor based on the inimitable particulars of its preparation. The objective of this chapter, therefore, in the first instance is to probe the background and, in so doing, to unveil the scope opened up for the evolution of the Japanese LME by describing the surrounding historical circumstances.

Suggested Citation

  • Ferguson Evans, 2008. "Early Industrialization and the Adumbrated LME," Palgrave Macmillan Books, in: The Rise of the Japanese Specialist Manufacturer, chapter 5, pages 56-69, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-59495-1_5
    DOI: 10.1057/9780230594951_5
    as

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