Essays on Industrial Policy

Introduction

Modern technological trends are moving towards the application of sustainable energy resources. Sustainable energy is that which is balanced on the lines of consumption and supply (Berndes, 2003). Concerning this, the utilization of such energy sources promotes the maintenance of controllable collateral implications. Sustainable energy leads to insignificant levels of environmental degradation. Additionally, the sustainability of energy resources can be understood according to their longevity. Such sources are deemed to fulfill the needs of the present while guaranteeing their progressive benefits into the future. Sustainable development has become a mainstream topic that is addressed in various forums globally. Hitherto, ...

Japans rapid growth is attributed to the state that has taken an active role in industrial development in order to catch up with the west. The market approach reveals that the traditional market forces like high saving rates, low labor costs, and heavy investments are also key factors. The main impetus to growth has been the private business investment demand, private savings, and industrious and skilled labor. Rapid introduction of technology has fuelled the high growth rates.

Administrative guidance:

This is a Japanese government practice, which includes the guidance, the recommendations, advice, and/ or any other way in which an administrative organ ...