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Banking on Multinationals

Public Credit and the Export of Japanese Sunset Industries

Autor: Mireya Solis

Jazyk:

Vazba: Pevná

Vydavatel: Stanford University Press

Dostupnost: Skladem u dodavatele

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Banking on Multinationals addresses two fundamental puzzles in Japanese industrial policy: Why does...

Informace o knize

Autor

Mireya Solis

Jazyk

Angličtina

Vazba

Kniha - Pevná

Vydáno

2004

Stránek

296

EAN

9780804748872

ISBN

080474887X

Enbook ID

04717718

Vydavatel

Stanford University Press

Hmotnost

614

Rozměry

237 x 161 x 29

Kompletní popis

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)? Solis's explanation of Japan's lead in state financing of FDI takes into account both the industrial policy goals behind the extension of FDI 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 is banker to multinationals as evidence of mercantilism in Japanese foreign economic policy, this book brings to life the domestic political conflicts underlying FDI policy.

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Banking on Multinationals

Public Credit and the Export of Japanese Sunset Industries

Informace o knize

Kompletní popis

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