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ID-82-32 1 (1982-06-23)

handle is hein.gao/gaobabdkw0001 and id is 1 raw text is: 




BY THE COMPTROLLER GENERAL

Report To The Chairman,

Joint Economic Committee

United States Congress

OF THE UNITED STATES







Industrial Policy: Japan's Flexible Approach




Japan's impressive growth from a war-
devastated nation in the 1950s to a major
economic power today has been the subject
of much debate in the industrialized world.

GAO found that Japanese industrial poli-
cies have changed significantly over time in
response to changes in the international
and domestic economies. The flexibility of
such policies may, in fact, be the key to the
apparent success of industrial policy in
Japan.

This report deals with the evolution of
industrial policies in Japan in both macro-
and microeconomic terms and presents
summary analyses of five sectors--com-
puters, robotics, aircraft, shipbuilding, and
textiles--to illustrate industrial policies for
emerging and declining industries.





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                                                             GAO/ID-82-32
    1CCrnI T4                                                JUNE 23,1982


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