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UNIVERSITY OF

ILLINOIS LIBRARY
AT URBANA-CHAMPAIGN

AGRICULTURE

Request for copies of GAO reports should be

sent to:

U.S. General Accounting Office
Document Handling and Information
Services Facility

P.O. Box 6015

Gaithersburg, Md. 20760

Telephone (202) 275-6241

The first five copies of individual reports are free of charge. Additional copies of bound audit reports are $3.25 each. Additional copies of unbound report (i.e., letter reports) and most other publications are $1.00 each. There will be a 25% discount on all orders for 100 or more copies mailed to a single address. Sales orders must be prepaid on a cash, check, or money order basis. Check should be made out to the "Superintendent of Documents".

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As you requested, this report provides an analysis of Japanese industrial policy. It discusses the formulation and content of Japan's macroeconomic policies, specific industrial programs which have been used in expanding and declining industries, and the changes in policy instruments during the postwar period.

The report was reviewed informally by a number of specialists on the Japanese economy and individuals in the Japanese Government.

We anticipate wide public interest in the subjects discussed in the report. Therefore, as arranged with your office, we are distributing it to other Members of Congress and representatives of the administration.

Sincerely yours,

Charles A. Bowsher

Comptroller General

of the United States

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