Regulatory reform and the developmental state / by Lonny E. Carlile and Mark C. Tilton -- The rise and developmentof the Japanese licensing system / by Yul Sohn -- The impact of deregulation on corporate governance and finance / by Hideaki Miyajima -- The politics of administrative reform / / by...

This paper examines the nature of Japanese regulation, its effect on international trade, and the reasons for the slow progress of deregulation. It argues that theinformal and discretionary power of the Japanese bureaucracy, combined with acontinued protectionist, pro-producer, and pro-insider...