Promoting economic development through policy decentralisation in Japan: Ivan Turok looks at Japan's initial attempts to address the country's economic woes and widening regional disparities by decentralising and encouraging localities and regions to develop self-sustaining growth and economic development strategies.(regional development in Japan)

From: Town and Country Planning | Date: November 1, 2005| Author: Turok, Ivan | Copyright information

JAPAN'S POST-WAR economic miracle ran out of steam in the early 1990s. The Japanese Government has since been struggling to find the key to bring about a resurgence in output and jobs. The emphasis over the last decade has been on top-down, macro-economic measure--tackling crises in the financial system, unsustainable fiscal deficits in the public sector, and the hangover from a commercial property boom linked with excessive bank lending to real estate development.

Ther...

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