MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975

Admired or reviled, the Japanese Ministry of International Trade and Industry is often credited with great achievements and sometimes said to claim credit for what others really did. But always it is a central focus for anyone trying to understand the remarkable performance of the contemporary Japanese economy. This is the best analysis of MITI we have had. Emphasizing its roots in past Japanese practice and the response of state and business to changing circumstances, it traces intellectual influences, personal and official connections of bureaucrats and politicians, and the conflicts of views and interests that go into (usually) finding a consensus.

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