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Buy custom What The United States Can Learn From Japan

Essay's paper info
Topic: Miscellaneous
Number of pages / Number of words: 3 / 570
Essay's paper body

The U.S. instead of

pouring its money into subsidies and tax breaks for failing low-tech industries

should provide loans, subsidies and R&D money for firms that are producing high

technology products. Unfortunately, there are several impediments to copying

Japan's model: first, tremendous political pressure from interest groups forces

politicians to give corporate welfare to failing established firms and not

emerging firms...


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Unfortunately, there are several impediments to copying

Japan's model: first, tremendous political pressure from interest groups forces

politicians to give corporate welfare to failing established firms and not

emerging firms. Second, it is difficult for a government to select which sectors

of the economy it will target...


Essay fragment

General points of the essay

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