Rising Sectors — Public

Abstract

Once the basic industries had been restored and could shift nicely for themselves, the targeting operation became even more focused on rather different kinds of sectors. These were not labour-intensive and, in many cases, not even capital-intensive like the first batch. Rather, they were extolled as knowledge-intensive and consequently deemed ideal for Japan because of its highly educated workforce. They brought other advantages as well: they promised high value added, they were relatively non-polluting and they enhanced the nation’s prestige.