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| Author: | Copplestone, G. |
| Title: | MITI cuts Japan loose |
| Journal: | Management Today
1995 : JAN, 1, p. 44-47 |
| Index terms: | JAPAN GOVERNMENT DEPARTMENTS INTERNATIONAL TRADE |
| Language: | eng |
| Abstract: | MITI was born in 1949 when the postwar Ministry of Commerce and Industry (MCI), largely dedicated to regulating domestic industry, was merged with the Board of Trade, an organisation set up by the US occupying authorities to handle foreign trade. But the ministry's bureaucratic pedigree dates back to the Ministry of Agriculture and Commerce (MAC), established in 1881 by Japan's Meiji-era leaders to regulate primary and secondary industry. The MAC was split into its acricultural and industrial components in 1925. In 1939 the MCI, as it had then become, introduced a system of vertical bureaux controlling major industries. Today MITI is the most powerful ministry dealing with the micro aspects of Japan's domestic economy, and sets Japan's domestic economy, and sets Japan's international economic agenda. |
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