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What The United States Can Learn From Japan
Part 1 of Paper
.... set of policies ranging from limited
entitlement programs to a education and government bureaucracy that stresses
achievement and meritocracy. But one of the most significant innovations of
Japan and the Four Little Dragons is there industrial policy which targets
improving specific sectors of the economy by focusing .... Part 2 of Paper
....Japanese industries used this same
strategic industrial policy to develop the high-tech, steel, and car industries
that Japan is known for today. Some American industries are currently heavily
supported by the government through subsidies and tax breaks to farmers, steel
producers, and other industries that have been hurt by foreign competition
because they are predominantly low-tech industries. But this economic policy of
the U.S. is almost a complete reversal of the economic policies of Japan .... |
| Number of words: 587 - Approximate pages: 3 |
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