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121866 1 (1983-07-07)

handle is hein.gao/gaobactce0001 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.
                                        JULY 7,  1983


                           STATEMENT OF

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


                            BEFORE THE

                    SENATE COMMITTEE ON BANKING
              SUBCOMMITTEE ON INTERNATIONAL ECONOMIC
                       AND MONETARY AFFAIRS


                                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 Experience

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

tion of macroeconomic policy to industrial growth, (2) determining

those policies which support growing industries, and  (3) determin-

ing those which assist declining industries.

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

dustrial policy.  We reviewed the changing goals and tools of







                          OaW3 1C.                   121866

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