Banking on Multinationals : Public Credit and the Export of Japanese Sunset Industries

Language: English

Published by Stanford University Press Jul 2004, 2004

080474887X / 9780804748872

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Neuware - Banking on Multinationals addresses two fundamental puzzles in Japanese industrial policy: Why does the Japanese state-better known for its attempts to control markets, protect infant industries, and maximize national exports-administer the world's largest public program to support the expansion of multinational corporations And why does the Japanese state not fear loss of control over mobile multinational corporations and erosion of the domestic export base through foreign direct investment (FDI) Solís's explanation of Japan's lead in state financing of FDI takes into account both the industrial policy goals behind the extension of FDI loans and the political uses of subsidized credit to appease economically weak but politically powerful constituencies. As the first systematic study of Japan's public FDI loan program, Banking on Multinationals reveals a previously unexamined dimension of Japanese government policy and helps explain the uncanny ability of stagnant sectors and small firms to participate in FDI activities. Rather than simply espousing the familiar idea that Japan's preeminent role as banker to multinationals is evidence of mercantilism in Japanese foreign economic policy, this book brings to life the domestic political conflicts underlying FDI policy.…

Seller Inventory # 9780804748872

Title
Banking on Multinationals : Public Credit and the Export of Japanese Sunset Industries
Author
Mireya Solis
Publisher
Stanford University Press Jul 2004
Publication year
2004
Condition
Neu
Binding
Buch
Language
English
ISBN 10
080474887X
ISBN 13
9780804748872
Item weight
531 grams
Dimensions
237x153x22 mm

AHA-BUCH GmbH

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