JAPAN AND DEVELOPMENT: A STUDY ON THE ROLE OF PLANNING SYSTEM AND DEVELOPMENT PLAN ACT IN THE DEVELOPMENT PROCESS OF JAPAN

During the late 1940's to 1970's, Development Plan Act in Japan was passed by
Diet with leadership of the dominant party and this Act was strengthened by
implementation guidelines of the administrative system. The Act was drafted within
three layers social system consisting of an efficient administrative system (focused
ministry of MITI, the Ministry of Finance, Economic Planning and the Bank of
Japan), the active private sector and leaders of the main parties. In this period, the
target of Development Plan Acts was economic growth. In the past two decades, the
planning system and Development Plan Act of the country has changed with taking
Japan the place of one of the world's top economies. This Act has been such a
vision. At this stage and alongside weakening of state controls and rotation relative
to the frame of the market economy country, the private sector is main actor and
developmental state is confident institution to private sector. Now in Japan,
Development Plan Acts are a vision and have important role in increasing private
enterprise confidence in the economy future.