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Industrial Policy and the Role of MITI in Japan

Interview with Shinji Fukukawa: led by Franco Amatori and Corrado Molteni
  • Shinji Fukukawa
  • Franco Amatori
  • Corrado Molteni
Chapter
Part of the Central Issues in Contemporary Economic Theory and Policy book series (CICETP)

Abstract

In the interview granted to Amatori and Molteni, Shinji Fukukawa, for a long time Vice-Minister of the powerful Japanese Ministry of International Trade and Industry (MITI), retraces the role of the Ministry in guiding Japanese industrial economy. In the 1950s and 1960s, MITI effectively ran much of Japanese industrial policies, with the major objective of strengthening the country’s industrial basis, not differently from what other governments were doing through the instrument of State-owned enterprises (SOEs). The Ministry acted both as an arbiter and a regulator, providing private industries with guidelines on technological investments and on crucial competition challenges. Fukukawa underlines the vision inspiring MITI and also illustrates the working of MITI from inside, focusing on the relationships between its officials and private managers.

Keywords

Japanese industrial policies Developmental state 

Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Shinji Fukukawa
    • 1
  • Franco Amatori
    • 2
  • Corrado Molteni
    • 3
    • 4
  1. 1.Toyo UniversityTokyoJapan
  2. 2.Department of Policy Analysis and Public ManagementBocconi UniversityMilanItaly
  3. 3.Academic and Cultural Attaché Italian Embassy in JapanTokyoJapan
  4. 4.University of MilanMilanItaly

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