Climate Converts: Institutional Redeployment, Industrial Policy, and Public Investment in Energy in Japan

Llewelyn Hughes
2012 Journal of East Asian Studies  
A large literature in political economy argues that governments in the advanced industrialized states retrenched from the application of industrial policy while resisting pressure to reform in a limited number of sectors. In this article, I argue that retrenchment and resistance do not fully describe the range of choices made by governments. Through an analysis of investment in energy policy in Japan, I show that in addition to retrenching from industrial policies and resisting pressure to
more » ... e industrial targeting, domestic actors have retained and redeployed state functions in public policy areas unaffected by the causes of liberalization.
doi:10.1017/s1598240800007633 fatcat:2sopyvngzfarpgdotcgbsj4uuy