[lbo-talk] Japan industrial development and tariffs

[Fernando Cassia]

On Sun, Mar 13, 2011 at 10:10 PM, michael perelman
<michael.perelman3 at gmail.com> wrote:
> Judging by business complaints, tariffs have not been as effective as
> regulation in protecting Japan from foreign competition.

Michael,

Can you be a bit more broad?. ;)

I read an article claiming today´s developed countries became
industrial powerhouses by protecting their local markets, and Japan
was cited as an example. I´d like to know if that was true... ie if
Japan had barriers (tariffs or other) against the import of industrial
products, to boost local manufacturing. The author claimed Japanese
industrial products didn´t became competitive overnight, but became so
only after heavy protectionism which allowed it to develop its
industry.

FC