3 ms·
That's a great question. I think that program was a good example of a overall inward-facing industrial policy that dominated in Japan in the 1980s. I'm not s
by timoth3y 2y ago
That's a great question.
I think that program was a good example of a overall inward-facing industrial policy that dominated in Japan in the 1980s.
I'm not sure how much that one program was at fault, but it a great example of many similar misguided policies of the era.
When the feedback from the global markets was removed, most of this kind of planning just stopped working.