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How has Japan's industrial strategy evolved over time

After World War II, Japan's economy has developed on the evolutionary path, which received preferential development of metallurgy, heavy and transport engineering, petrol and chemistry. However, since the mid-1970s, the industry began to dominate the revolutionary path of development in Japan, and now Japan is a world leader in almost all knowledge-intensive sectors of the economy: microelectronics, robotics, biotechnology, pharmaceuticals, etc.

A characteristic feature of the territorial structure of the economy of Japan is a powerful industrial concentration (3/4) and agricultural production (2/5), and non-production sphere in the Pacific industrial belt, stretching from Tokyo to Nagasaki.

At the same time, since the 1980s, the Japanese economy has been involved in a process of deconcentration of production, weakening of gravity to the coast and the development of inland regions.

A special feature of Japan is also a huge economic dependence on imports of raw materials and export of finished products.

Japan ranks 3rd in the world in the production of electric power, trailing only the US and China. The basis of modern Japan energy is thermal power stations that are producing nearly 60% of all electricity and are using mainly imported raw materials. High level of development of nuclear power is reached. Japan built the world's most powerful thermal and nuclear power stations.

Japan Ferrous metallurgy is completely based on imported raw materials, and therefore practically the whole industry is concentrated in the large port.

For non-ferrous metals it is typical a final stage of production.

Mechanical Engineering is the leading branch of the Japanese industry, characterized by a complex structure, in which the most knowledge-intensive and labor-intensive industries, such as electronic, electrical engineering and transport engineering, are stand out.

Japan has consistently ranked 1st in the world in the production of passenger cars for many years.

Japan is the undisputed leader in the production of electronic and household electrical products. At the end of the 1990s, the share of Japanese companies accounted for more than 50% of the production of electrical machinery.

Japan is one of the leading positions in terms of development chemical industry. Almost all kinds of industries, from oil refining chemical to fine chemicals, are developed in Japan.

After World War II, Japan's economy has developed on the evolutionary path, which received preferential development of metallurgy, heavy and transport engineering, petrol and chemistry.

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Assignment ID
100002454
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CREATED ON
October 20, 2016
COMPLETED ON
October 21, 2016
Price
$24
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Essay Example Comments
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December 5, 2016
lampsgm74
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December 4, 2016
jmumberger43
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December 2, 2016
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