Japan as a Model of Industrialization

Ministry of International Trade and Industry (MITI) in 1947 which decides strategic industrial policy and determines with the corporations, which industries to target, enter, exit and take over is the reason that Japanese corporations will enter a particular market together." (Leclerc, 1997:17) The previous excerpt implies that the corporations within Japan are able to organize themselves as one "super-power," with the assistance of the government, and thus they are able to take over and force many foreign companies into bankruptcy. Consequently, one is forced to believe that the Japanese economy would not be as successful if the government did not assist it.
             To further verify Japan's reliance on her government, an experience that a U.S lamp manufacturer ­ Lite Lamp encountered while trying to do business in Japan will be described. In 1993 the U.S lamp manufacturer ­ Lite Lamp attempted to import and distribute its lamps in Japan. During the initial paperwork, the owner was told that his business would not be allowed to operate in Japan, as she does not allow any business to be one hundred percent (100%) foreign-owned. After careful investigation, the owner pointed out that his wife was of Japanese descent and thus he was entitled to have his business operate in Japan. After finding several buyers, Lite Lamps began to import its lamps, coincidentally the government-operated inspection committee took over nine months to inspect the crate of lamps forcing Lite Lamps to lose its customers and leave the Japanese market. (Leclerc, 1997:7) This situation implies that the Japanese are afraid of America or any other foreign competition, as they (Japanese) prevented Lite Lamps from entering their market. This ultimately reflects Japan's insecurity as a nation and her inability to compete in the global economy without the leadership of her government.
             Furthermore, Japan's automobile industry has avoided foreign competition due to seve...

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Japan as a Model of Industrialization. (2000, January 01). In MegaEssays.com. Retrieved 20:17, September 20, 2026, from https://www.megaessays.com/viewpaper/31960.html