The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 143 |
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133
make themselves eligible for such procurement. For
instance, a contract for production of spare parts for old
type jeeps of Willis Overland, Inc., of the United States
in the amount of about eight million dollars is going to be
awarded, it has been reported, to the Shin-Mi tsubishi Heavy
Industry, Inc., which already has made certain arrangements
with the said United States manufacturer. The spare parts
to be thus purchased are scheduled for shipment to the
South Asian countries. k As mentioned in the preceding
chapter, this situation has greatly favored the Zaibatsu
corporations in their struggle for dominance in the field
of defense industry.
IV. IMPACT OF THE FOREIGN CAPITAL
INFLOW UPON JAPANESE ECONOMY
Excessive investment. Excessive investment in certain
fields of industry was one of the results of the
introduction of new ideas and technical knowledge of foreign
businesses. The drive of Japanese big businesses to monopolize
the production of new products of monopolistic nature
in order to cut the way out from their dilemmas have, as
already explained in the preceding chapter, led to the
^News items in The Daily Tokuju Tsushin. No. 213*+, May *+, 1957? No. 2135, May 6, 195?.
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| Title | The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 143 |
| Repository email | cisadmin@lib.usc.edu |
| Full text | 133 make themselves eligible for such procurement. For instance, a contract for production of spare parts for old type jeeps of Willis Overland, Inc., of the United States in the amount of about eight million dollars is going to be awarded, it has been reported, to the Shin-Mi tsubishi Heavy Industry, Inc., which already has made certain arrangements with the said United States manufacturer. The spare parts to be thus purchased are scheduled for shipment to the South Asian countries. k As mentioned in the preceding chapter, this situation has greatly favored the Zaibatsu corporations in their struggle for dominance in the field of defense industry. IV. IMPACT OF THE FOREIGN CAPITAL INFLOW UPON JAPANESE ECONOMY Excessive investment. Excessive investment in certain fields of industry was one of the results of the introduction of new ideas and technical knowledge of foreign businesses. The drive of Japanese big businesses to monopolize the production of new products of monopolistic nature in order to cut the way out from their dilemmas have, as already explained in the preceding chapter, led to the ^News items in The Daily Tokuju Tsushin. No. 213*+, May *+, 1957? No. 2135, May 6, 195?. |
