MITI and the Japanese Miracle

MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975 (ISBN: 9780804712064) was written by Chalmers Johnson, published by Stanford University Press in 1982.

Industrial policy as economic nationalism

Meiji Japan setup a strong PM and bureaucracy, weak emperor and parliament

Civil service exams are difficult but passing means a guaranteed career

Economic boom of 1930s resulted from MOF Takahashi Korekiyo's "reflation" expansive monetary policy.

SCAP broke up military, weakened parliament further, and put pressure on zaibatsu


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