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Although most economists maintain a mistrust of a government's goals when it intervenes in an economy, many continue to trust its actual ability. They retain, in other words, a faith in state competence. For this faith, they adduce no evidence. Sharing little skepticism about the government's ability, they continue to expect the best of governmental intervention. To study government competence in World War II Japan offers an intriguing laboratory. In this book, Yoshiro Miwa shows that the Japanese government did not conduct requisite planning for the war by any means. It made its choices on an ad hoc basis and the war itself quickly became a dead end. That the government planned for the war incompetently casts doubts on the accounts of Japanese government leadership more generally.

World War, 1939-1945 --- Sino-Japanese War, 1937-1945 --- Industrial mobilization --- Military planning --- War planning --- Military administration --- Military policy --- Planning --- Mobilization, Industrial --- Economic policy --- Military art and science --- Military readiness --- War --- Economic aspects --- History --- Japan. --- Sino-Japanese War (1937-1945) --- World War (1939-1945) --- Japan --- al-Yābān --- Giappone --- Government of Japan --- Iapōnia --- I︠A︡ponii︠a︡ --- Japam --- Japani --- Japão --- Japon --- Japonia --- Japonsko --- Japonya --- Jih-pen --- Mư̄ang Yīpun --- Nihon --- Nihon-koku --- Nihonkoku --- Nippon --- Nippon-koku --- Nipponkoku --- Prathēt Yīpun --- Riben --- State of Japan --- Yābān --- Yapan --- Yīpun --- Zhāpān --- Япония --- اليابان --- يابان --- 日本 --- 日本国 --- Armed Forces --- Mobilization --- Military policy. --- E-books --- Jepun --- Yapon --- Yapon Ulus --- I︠A︡pon --- Япон --- I︠A︡pon Uls --- Япон Улс

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Industrial marketing --- Marketing channels --- Physical distribution of goods

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For Western economists and journalists, the most distinctive facet of the post-war Japanese business world has been the keiretsu, or the insular business alliances among powerful corporations. Within keiretsu groups, argue these observers, firms preferentially trade, lend money, take and receive technical and financial assistance, and cement their ties through cross-shareholding agreements. In The Fable of the Keiretsu, Yoshiro Miwa and J. Mark Ramseyer demonstrate that all this talk is really just urban legend. In their insightful analysis, the authors show that the very idea of the keiretsu was created and propagated by Marxist scholars in post-war Japan. Western scholars merely repatriated the legend to show the culturally contingent nature of modern economic analysis. Laying waste to the notion of keiretsu, the authors debunk several related "facts" as well: that Japanese firms maintain special arrangements with a "main bank," that firms are systematically poorly managed, and that the Japanese government guided post-war growth. In demolishing these long-held assumptions, they offer one of the few reliable chronicles of the realities of Japanese business.

Economic order --- Japan --- J4411 --- Japan: Economy and industry -- industrial organization and relations -- conglomerates, zaibatsu, keiretsu --- Conglomerate corporations - Japan. --- Conglomerate corporations -- Japan. --- Corporations - Finance. --- Corporations -- Finance. --- Japan -- Economic conditions -- 1989-. --- Japan - Economic conditions - 1989-. --- Japan -- Economic policy -- 1989-. --- Japan - Economic policy - 1989-. --- Industrial Management --- Management --- Business & Economics --- Economic policy --- Economic conditions --- Conglomerate corporations --- Corporations --- Finance. --- Business finance --- Capitalization (Finance) --- Corporate finance --- Corporate financial management --- Corporation finance --- Financial analysis of corporations --- Financial management, Corporate --- Financial management of corporations --- Financial planning of corporations --- Managerial finance --- Going public (Securities) --- Finance --- E-books --- keiretsu, business, japan, economy, alliance, corporation, preference, trading, shareholding, lending, marxism, conglomerate, main bank, management, growth, economics, zaibatsu, outside directors, government, regulation, assistance, loyalty, honor, market, central planning, myth, urban legend, profit, industrial policy, networks.

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Law

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Political sociology --- Politics