During the last two decades of the 20th century, the socioeconomic environment surrounding Japanese trade and industrial policy underwent four major transformations: (1) changes in domestic macroeconomic conditions, (2) economic globalization on a worldwide scale, (3) new emphasis on deregulations and fiscal reconstruction, and (4) increasing international awareness for environmental preservation. As a consequence, trade and industrial policy experienced significant shifts in the 1980s and the 1990s.
This project is the outcome of research on policy formation at MITI (now METI) and was compiled by collecting and examining public records on budgets, subsidies, law-making, organizations, and personnel, as well as by analyzing other actions performed by the Ministry. It places 1980-2000 Japanese trade and industrial policy into a historical context of the country's industrialization and identifies periodic shifts in its economic thinking and policy directions.
April 1, 2011 - March 31, 2012