Sales: Sales: Support: Support:
Academic writing services  
 
Custom written essay Book report Research paper Dissertation Resume and CV Editing and proofreading  
main menu
discounts
discounts
By ordering custom paper you get
  • 24/7 Support
  • Over 100 professional US Writers
  • 300 words per page
  • Flexible discount system
  • FREE revision (within 2 days)
  • Anti-Plagiarism Software Check
we accept
sample essays
Accounting Essays
Admission Essays
Analysis Essays
Art Essays
Biography Essays
Biology Essays
Book Review Essays
Business Essays
Case Studies Essays
Cause and Effect Essays
Character Analysis Essays
Communication Essays
Communication and Media Essays
Compute Technologies Essays
Consideration Essays
Controversial Essays
Description Essays
Economics Essays
Education Essays
Evaluation Essays
Explanation Essays
History Essays
Job Essays
Law Essays
Management Essays
Medicine Essays
Music Essays
Personal Essays
Personal Experience Essays
Persuasive Essays
Persuasive Speech Essays
Philosophy Essays
Political science Essays
Politics Essays
Proposal Essays
Psychology Essays
Reflective Essays
Religion Essays
Research Essays
Response Essays
School Essays
Science Essays
Sociology Essays
Technology Essays
World Literature Essays
Pros and Cons if the Japanese MITI Model essay
 
← Samsung ElectronicsProgram Identification & Description →

Pros and Cons if the Japanese MITI Model. Custom Pros and Cons if the Japanese MITI Model Essay Writing Service || Pros and Cons if the Japanese MITI Model Essay samples, help

The MITI model could potentially lead to the development of better capital flows at a relatively low cost compared to the contemporary models that have previously been used to create operational clusters of finance and manufacturing dockets of the Australian government. In addition, the Japanese MITI framework poses to introduce key policy guidelines that are bound to introduce weighted approaches in terms of equal involvement among sectors of the Australian economy. “Thanks to its broad jurisdiction over most key sectors of Japan’s industrial economy, MITI has been able to take a general equilibrium approach to industrial policy, weighing the interests of one sector against those of others and aggregating the welter of diverse, sometimes conflicting, demands into a comparatively coherent whole” (Okimoto 1999, p.114 ).

The programs stipulated under MITI in the Japanese case fostered the development of feasible partnership agreements governmental and private business entities (Tekita 2001, p.37). This poses significant advantage for the Australian government considering the stringent manner in which government-private partnerships have faced numerous bottle necks during the process of initiation, implementation, and subsequent follow up of proposed core activities. In the Australian context therefore there is significant advantage of developing better ties that would enhance conditions in the business environment with regard to streamlining key policy guidelines and abiding to the same.

According to the initial Japanese MITI proposals after the post war season, a proposal was made towards the formulation of legislative amendments and formulations that would aid the government in establishing stable price flows. A case in mention is the Foreign Capital Law, which was initially granted in 1950 and this consequently gave the government autonomy of exercising price control and establishing a framework for importing technological imports into the country (Tekita 2001, p.43). The proposed framework for the Australian government therefore poses to gain significantly if similar benchmarks were introduced with regard to setting price indices and technology provisions for technological products entering the market. This could be especially feasible in instituting key import protection guidelines and subsequent introduction of tax incentives and subsidies into the existing business framework (Palumbo and Herbig 1994, p.24). This could to significant improvements when considering the Australian economy variables leading to the emancipation of critical international and local trade elements.

Cons of Implementing the Japanese MITI Model in the Australian Context

After an assessment of the Japanese MITI model implementation framework, there exist significant contextual differences. “When MITI originally planned the compilation of this history, emphasis was placed at the initial stages on Japan’s rapid recovery from war ruin subsequent rapid economic growth, and eventual achievement of an economic status that gained global attention” (Sumiya 2000, p.vi ). Some of these include the aspect of periodic differences during which the strategy was implemented in the Japanese context and the proposed move in the Australian context. For instance, the introduction of price control practices could adversely affect business potential in certain sectors. “Government controls and intervention practices distort market prices and serve as barriers to market entry” (Thakur and Srivastava 2001, p.382).

Another aspect is the introduction of the protectionism formula in the business environment, which could potentially affect delivery mechanisms and subsequent development of business potential. “As a result of the Japanese government unwillingness to remove the barriers that are resulting in such untenable trade deficits, many countries are threatening to retaliate with anti-Japanese protectionist rules and practices” (Thakur and Srivastava 2001, p.382). This when looked at in the Australian context, could potentially affect trade relations unless significant modifications are made to the plan in order to avoid a similar occurrence.

Pros and Cons if the Japanese MITI Model. Custom Pros and Cons if the Japanese MITI Model Essay Writing Service || Pros and Cons if the Japanese MITI Model Essay samples, help

Order Now
Order nowhesitating

Related essays

  1. Program Identification & Description
  2. Technology Solutions for Human Services
  3. Samsung Electronics
  4. Information Systems Evolution


order now

 
 
3.6K
1.2K
Order now
Email
Password
 
why choose us
96% of satisfied returning customers
24/7 customer support
A wide range of services
Up-to-date sources
100% privacy guaranteed
MA/PhD writers
Custom written papers only
Free plagiarism report
Free revision (within 2 days)
Free extras by your request
Direct communication with a writer
faq
Are your writers qualified for the custom writing?
How quick can my order be accomplished?
Is it legal to buy custom essays, term papers or book reports from your company?
Are essays offered by your company truly custom-written?
Is it safe to buy from SupremeEssays.com?
How secure is the payment system of your company?
Can I submit custom essays or term papers done by your company as my own?
How can I contact your company if I've got problems with my ordered paper?
testimonials

Finally, I've found the real custom writing service . My grades are saying "Thank you, it's been a pleasure to work with you."

Jamal, South Africa

I can't believe you finished my essay under such a short deadline! You saved me from a disaster once again. You guys deliver exactly what you promise. I'll be back. That's for sure!

William H , Kansas, US

contact us
Toll free for US & Canada only. International callers are charged for outgoing calls.

Our phone numbers:
SupremeEssays.com provides custom term paper writing/rewriting services inclusive of research material for assistance purposes only. The term papers should be used with proper reference and are not meant to replace actual assignments.
 

Get 15% off your first custom essay order

Order now

PRICES
from $12.99/PAGE

X