Japan's Industrial Organization

Ken Imai

Japanese Economy, 1978, vol. 6, issue 3-4, 3-67

Abstract: What was the foundation of the Japanese industrial organization which supported Japan's postwar economic development? On the one hand, Japan's industrial organization positively contributed to high economic growth, but, on the other hand, it created friction between the market and the environment, which has become the cause as well as the consequence of the fragility of public action and social welfare. The Japanese economy is often said to possess outstanding shiftability. If so, its industrial organization should also possess corresponding characteristics. In a dynamic economy, industrial organization is always in the process of change and evolution. Then, how can Japanese industrial organization convert itself from the one that has been formed primarily to contribute to economic growth to the one that can bring the genuine fruit of economic activities to the people?

Date: 1978
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DOI: 10.2753/JES1097-203X0603043

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