The state has always played a major role in managing the Japanese economy as both a patron and a protector of domestic industry. First, citing specific examples, explain the kinds of policies the state has taken in this regard. Next, explain how this traditional role of the state is being challenged by globalization as well as the current on-going economic recession.

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The Answer of The state has always played a major role in managing the Japanese economy as both a patron and a protector of domestic industry. First, citing specific examples, explain the kinds of policies the state has taken in this regard. Next, explain how this traditional role of the state is being challenged by globalization as well as the current on-going economic recession.

The State Has Always Played a Major Role in Managing