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122488 1 (1983-10-03)

handle is hein.gao/gaobactdw0001 and id is 1 raw text is: 







             UNITED STATES GENERAL  ACCOUNTING OFFICE
                     WASHINGTON,  D.C.  20548

                                          FOR RELEASE ON DELIVERY
                                          EXPECTED AT 9;30 a.m.
                                          OCTOBER 3, 1983


                           STATEMENT OF

                      ALLAN  I. MENDELOWITZ
            ASSOCIATE  DIRECTOR, NATIONAL SECURITY AND
                 INTERNATIONAL  AFFAIRS DIVISION

                            BEFORE THE
                   SENATE  COMMITTEE ON FINANCE              122488

           SUBCOMMITTEE ON  ECONOMIC GROWTH, EMPLOYMENT
                       AND  REVENUE SHARING

                                ON

                   JAPANESE  INDUSTRIAL POLICY

Mr. Chairman and Members of  the Subcommittee:

     We are pleased to be with  you today to discuss our reports,

Industrial Policy:  Japan's  Flexible Approach (GAO/ID-82-32)

and Industrial Policy:  Case  Studies in the Japanese Experi-

ence (GAO/ID-83-11).  Our work  focused on (1) exploring the

contribution of macroeconomic  policy to industrial growth, (2)

determining those policies which  support growing industries, and

(3) determining those which assist  declining industries.

     We examined Japan's past  and present experiences with in-

dustrial policy and reviewed  the goals and tools of Japan's

industrial policy to assess  how and why they have changed over

the postwar period.  In addition, we  discussed how macroeconomic

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