Deals with nationalization and privatization, piecemeal policy, optimal quality.
Studies of Japan's economy are full of misconceptions. The conventional view of the Japanese economy argues that the Japanese economic system, described by such keywords as dual structure, keiretsu, corporate groups, main banks, and subcontract, played a critical role in Japan's…
Increasingly topical is the question of which development strategies work best for newly industrialised countries. This book offers an up-to-date assessment of development theories leading to clear policy prescriptions.
Chang provides a comprehensive discussion of the controversial issue of industrial policy, drawing on some recent developments in economic theory in political economy, institutional economics and industrial economics, and theories of technical progress. The book looks at the cas…
Examines the economic system in the United States, discusses governmental agencies and regulations, and analyzes current problems.