Japan as a Model of Industrialization

ral government-initiated "protection laws." In 1995 the Japanese government created a "protection law," that required all imported automobiles to be safety tested. This requirement may appear to be reasonable, however, it should be noted that the government charged the importer over $1,000 per automobile to complete the inspection, and the process took in excess of two months. As a result of the increased importation costs, the non-Japanese manufacturers were forced to raise the prices of their cars to maintain a reasonable profit, thus making their automobiles more expensive than the Japanese ones. Furthermore, the Japanese government forced automobile insurance companies to charge higher premiums for non-Japanese automobiles, making non-Japanese automobiles unattractive to the consumer. (Nokeed, 1996:156) This case study once again implies that Japanese corporations are inferior to foreign ­ specifically American corporations, and as a result, they rely on their government to protect and isolate their economy from global competition. This situation a
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Japan as a Model of Industrialization. (2000, January 01). In MegaEssays.com. Retrieved 20:57, September 20, 2026, from https://www.megaessays.com/viewpaper/31960.html