Abstract
Throughout the early 1990s, the chief aim of Japan’s industrial policy with regards to outlying economies (i.e. areas outside the major cities) was to promote local development in those areas, by relocating various industries out of the major cities and by creating industrial agglomerations. However, in the late 1990s, so-called “deindustrialization” accelerated, as factories began leaving outlying areas and relocating overseas in reaction to the stronger yen and the industrialization of China and ASEAN. This made it impossible for Japan’s outlying economies to attract companies from large cities.
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Yoshida, K. (2008). The Process and Factors of Industrial Cluster Formation: A Flowchart Approach to Industrial Cluster Policy in Japan. In: Kuchiki, A., Tsuji, M. (eds) The Flowchart Approach to Industrial Cluster Policy. IDE-JETRO. Palgrave Macmillan, London. https://doi.org/10.1057/9780230589520_6
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DOI: https://doi.org/10.1057/9780230589520_6
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