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Colonialism in Asia

You can set institutions in place but how do you

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Unformatted text preview: than ISI They say that they’re not going to pull out of capitalist economy as they industrialize (and create their own industries). You can get wealthier through capitalism State will look at global capitalist economy and be strategic. How can japan be successful? Protectionism: protect local industries make state that is smart and have bureaucracy that can tell you what industries to invest in. To pull this off: They have to say to their people this is a war for survival, the Europeans are coming after us. We have to work every hard and use every dollar to invest Sell this to the masses that they aren’t going to do well for a while in exchange for country’...
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