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Economic Super-Management

In: The Japanese Economic Crisis

Author

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  • Jon Woronoff

Abstract

Another of the arguments for Japan's economy being different— and superior—is rooted in the idea that it was managed more expertly than others. It was also, in the view of many supporters, managed more dynamically and effectively by astute bureaucrats who adopted a hands-on approach. They supposedly decided in which directions the economy should move and then got it there, if possible by coaxing and cajoling businessmen, if necessary by giving instructions and orders through actual legislation or more subtle administrative guidance (gyosei shido).

Suggested Citation

  • Jon Woronoff, 1996. "Economic Super-Management," Palgrave Macmillan Books, in: The Japanese Economic Crisis, chapter 3, pages 45-59, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37568-0_3
    DOI: 10.1057/9780230375680_3
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