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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2071 |
Essay's paper body
Thus creating bonds through these cross - shareholding interests.
Keiretsu and Japanese economy
The keiretsu system proved to be of great importance to the Japanese post war economy. The Japanese government relaxed the Anti-Monopoly law that was set up by the Americans and allowed interlocking directorates and mergers...
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To maximize the efficient use of resources, the Ministry of International Trade and industry (MITI) quoted that it would be beneficial to have competition limited to a small number of large companies.
The government also protected its own market by means of import tariffs. This to keep the foreign producers out...
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General points of the essay
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