Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Did Japan's Industrial Policy Pay Off? (Int'l Edition)


International -- Readers Report

DID JAPAN'S INDUSTRIAL POLICY PAY OFF? (int'l edition)

Paul Craig Roberts' article intrigued me ("The Asian crisis proves industrial policy doesn't pay off," Economic Viewpoint, Dec. 22). He refers to Japan's industrial policy without fully understanding it. Industrial policy contributed to rehabilitating and restructuring the manufacturing sector of the postwar economy--but had ceased to exist by the mid-1970s. He confuses industrial policy with financial policy.

Shigeru Otsuka

Professor

Toyo Gakuen University

Tokyo


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus