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

Solis, Mireya

Rilegato

ISBN 10: 080474887X ISBN 13: 9780804748872

Casa editrice: Stanford Univ Pr, 2004

Riassunto

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.

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Informazioni sugli autori

Mireya Solís is an Assistant Professor at the School of International Service of American University.

Mireya Solís is an Assistant Professor at the School of International Service of American University.

Dalla quarta di copertina

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.

Dal risvolto di copertina interno

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.

Dettagli dell?edizione

• Editore: Stanford Univ Pr
• Data di pubblicazione: 2004
• ISBN 10: 080474887X
• ISBN 13: 9780804748872
• Rilegatura: Copertina rigida
• Lingua: Inglese
• Numero di pagine: 273
• Contatto del produttore: non disponibile