Japan's Public Policy Companies

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Japan's Public Policy Companies

By Chalmers Johnson
American Enterprise Institute/Stanford: Hoover Institution, 1978
173 pp. $3.75
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A provocative study of the government-business relationship in Japan and why it works so well. One clue is the Japanese government's skillful use of public corporations along the lines of the American TVA. Such corporations are one of the ways in which the world's second largest industrial society gets its public work done. Johnson concludes that the West could profit from Japan's experience. The Japanese government gets more for its money but actually spends less than comparable governments elsewhere, even though it plays a very active role in all phases of economic life.

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