Cooperative Capitalism: Self-Regulation, Trade Associations, and the Antimonopoly Law in Japan (Japan Business and Economics Series)

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9780198297185: Cooperative Capitalism: Self-Regulation, Trade Associations, and the Antimonopoly Law in Japan (Japan Business and Economics Series)

The Japanese government is becoming less involved in shaping industrial policy--but what does this imply for the openness of Japanese markets to foreign competition? In an extensive study of 'post-development' Japan, Ulrike Schaede argues that, contrary to what many have suggested, the reduced role of government regulation may not result in more open markets. Instead, as has happened throughout Japanese history, deregulation and the recession of the 1990s have once again led Japanese trade associations to assume important regulatory functions of their own.

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Ulrike Schaede is at the Graduate School of International Relations and Pacific Studies at University of California, San Diego.

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Schaede, Ulrike
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Book Description Oxford University Press, United Kingdom, 2000. Hardback. Book Condition: New. New.. Language: English . Brand New Book ***** Print on Demand *****. The Japanese government is becoming less involved in shaping industrial policy-but what does this imply for the openness of Japanese markets to foreign competition? In an extensive study of post-development Japan, Ulrike Schaede argues that, contrary to what many have suggested, the reduced role of government regulation may not result in more open markets. Instead, as has happened throughout Japanese history, deregulation and the recession of the 1990s have once again led Japanese trade associations to assume important regulatory functions of their own. They do this through self-regulation -setting and enforcing the rules of trade for their industries, independent from the government. As a result, many Japanese markets are now effectively governed by incumbent firms, in particular in terms of structuring the distribution system. As the record of postwar antitrust enforcement reveals, Japan s antitrust system considers most activities of self-regulation, other than outright price-fixing, as legal. Using interviews and a unique database of trade association activities, this book concludes that increasing self-regulation renders both government deregulation programmes and international trade negotiations ineffective in opening Japanese markets. The implications of self-regulation for Japanese industry are mixed: while internationally competitive firms can use self-regulation to reduce competition at home in order to compete more forcefully abroad, some domestic industries, such as the financial sector, may suffer from increased self-protection. Bookseller Inventory # APC9780198297185

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Book Description Oxford University Press, United Kingdom, 2000. Hardback. Book Condition: New. New.. Language: English . Brand New Book ***** Print on Demand *****.The Japanese government is becoming less involved in shaping industrial policy-but what does this imply for the openness of Japanese markets to foreign competition? In an extensive study of post-development Japan, Ulrike Schaede argues that, contrary to what many have suggested, the reduced role of government regulation may not result in more open markets. Instead, as has happened throughout Japanese history, deregulation and the recession of the 1990s have once again led Japanese trade associations to assume important regulatory functions of their own. They do this through self-regulation -setting and enforcing the rules of trade for their industries, independent from the government. As a result, many Japanese markets are now effectively governed by incumbent firms, in particular in terms of structuring the distribution system. As the record of postwar antitrust enforcement reveals, Japan s antitrust system considers most activities of self-regulation, other than outright price-fixing, as legal. Using interviews and a unique database of trade association activities, this book concludes that increasing self-regulation renders both government deregulation programmes and international trade negotiations ineffective in opening Japanese markets. The implications of self-regulation for Japanese industry are mixed: while internationally competitive firms can use self-regulation to reduce competition at home in order to compete more forcefully abroad, some domestic industries, such as the financial sector, may suffer from increased self-protection. Bookseller Inventory # APC9780198297185

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Book Description OUP Oxford. Hardcover. Book Condition: New. Hardcover. 320 pages. Dimensions: 9.3in. x 6.2in. x 0.9in.The Japanese government is becoming less involved in shaping industrial policy--but what does this imply for the openness of Japanese markets to foreign competition In an extensive study of post-development Japan, Ulrike Schaede argues that, contrary to what many have suggested, the reduced role of government regulation may not result in more open markets. Instead, as has happened throughout Japanese history, deregulation and the recession of the 1990s have once again led Japanese trade associations to assume important regulatory functions of their own. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Hardcover. Bookseller Inventory # 9780198297185

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Book Description Oxford University Press, 2000. Hardcover. Book Condition: New. book. Bookseller Inventory # M0198297181

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