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Japan’s industrial policy.

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  1. Describe Japan’s industrial policy. How did government guidance and support lead to booming decades of growth, and what were the structural problems that became apparent in the 1990s? Why is Japan’s bureaucracy so powerful, and what prevents its reform? Should Japan take radical measures to eliminate its powerful iron triangle? Compare Japan’s current dilemma with France. In what ways are they similar and in what ways are they different?

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