Journal ArticleDOI
Political Economy: Policymaking and Industrial Policy in Japan *
TLDR
The importance of Japan's political economy probably will be more obvious than any other subject concerning Japanese politics as mentioned in this paper, and with increasing Japanese investment in America, the politics and policy-making that affect Japan's industry and economy probably have a more direct impact on the lives of more Americans.Abstract:
The Importance of Japan's Political Economy: The importance of Japan's political economy probably will be more obvious than any other subject concerning Japanese politics. Being the world's second largest economy and the United States' greatest overseas trading partner, and with increasing Japanese investment in America, the politics and policy-making that affect Japan's industry and economy probably have a more direct impact on the lives of more Americans than any other subject concerning a foreign country that American students can study.With increasing friction over trade and investment beginning to undermine the United States-Japan relationship, one that former Ambassador to Japan Mike Mansfield liked to call the most important bilateral relationship in the world, Japan's political economy has become the stuff of daily newspaper headlines for many Americans. How much, how, and how well the Japanese state intervenes in the economy to promote economic growth has probably received more attention in the United States in recent years than any other topic concerning Japan. Words previously unfamiliar to American ears, such as “industrial policy,” “targeting,” “MITI,” keiretsu, and so forth, are now common in the American media and in policy debates in Washington about the origins of Japan's massive trade deficit with the United States and what the United States can and should do about it. No college graduate, indeed no American citizen, can claim to be politically literate today without some knowledge of this subject.read more
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Report of the high-level commission on carbon prices
TL;DR: In 2016, Segolene Royal and Feike Sijbesma, Joseph Stiglitz, and Lord Nicholas Stern, accepted to chair a new High-Level Commission on Carbon Prices comprising economists, and climate change and energy specialists from all over the world, to help spur successful implementation of the Paris Agreement as discussed by the authors.
Book
Decarbonizing Development: Three Steps to a Zero-Carbon Future
TL;DR: In this article, a new World Bank report walks policymakers through three steps for a smooth transition to a zero-carbon future and provides data, examples and policy advice to help countries makes the shift.
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The Business of the Japanese State: Energy Markets in Comparative and Historical Perspective. By Richard J. Samuels (Ithaca: Cornell University Press, 1987. xii, 359p. 14.95, paper).
BookDOI
Green Industrial Policies : When and How
TL;DR: In this article, the authors provide a framework to assess green industrial policies and their desirability depending on the effectiveness and political acceptability of price instruments, and the main messages are that greening growth processes to the extent and with the speed needed cannot be done without industrial policies.
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Climate Policies and Nationally Determined Contributions: Reconciling the Needed Ambition with the Political Economy
TL;DR: The authors reviewed the literature on how policymakers can design climate policies and their nationally determined contributions to reach zero-net emissions before the end of the century in a socially and politically acceptable manner.
References
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Book
Governments, Markets and Growth: Financial Systems and the Politics of Industrial Change
TL;DR: In this article, Zysman argues that there are three distinct types of financial systems, each with different consequences for the political ties between financial markets, industry, and government, and compares the patterns of industrial adjustment in five advanced nations.
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Flexible Rigidities: Industrial Policy and Structural Adjustment in the Japanese Economy, 1970-80.
Chalmers Johnson,Ronald Dore +1 more
Book
Flexible Rigidities: Industrial Policy and Structural Adjustment in the Japanese Economy, 1970-1980
TL;DR: In this paper, Dore examines how Japanese adjust so successfully to the challenge of shifting world economic conditions, despite the Japanese 'flagrantly flouting all received principles of capitalist rationality'.