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Sectors Slated to Rise

In: Japanese Targeting

Author

Listed:
  • Jon Woronoff

    (Asian Business)

Abstract

It is more than slightly misleading to assume — as some observers claim — that the day of industrial policy has passed and now the government entrusts the economy to market forces. What has happened is simply that different sectors are being targeted and are receiving substantial aid, but in somewhat different ways. Upon closer scrutiny, one could actually say that there is about as much effort to boost the economy to a higher level as there ever was. This time, however, the desire is not only to catch up or even pull ahead but to take the lead.

Suggested Citation

  • Jon Woronoff, 1992. "Sectors Slated to Rise," Palgrave Macmillan Books, in: Japanese Targeting, chapter 7, pages 165-191, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-12561-6_7
    DOI: 10.1007/978-1-349-12561-6_7
    as

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