Japan SPOTLIGHT May/June 2013 issue

Japan SPOTLIGHT May/June 2013 issue

COVER STORY: Industrial Policy -- a Third Engine for Promoting Growth
Industrial policy in Japan can now be possibly regarded as one of the most important elements of structural reform, one of the new administration's "three arrows" of macroeconomic policy. It is expected in Japan to enhance the added value of Japanese tradable goods and thus increase their competitiveness. We will discuss the new significance of industrial policy in Japan and also survey other countries' industrial policies and their changing implications.