Instead of allowing market competition freely rein as a kind of ‘discovery procedure’ , the government has assumed the responsibility of making important allocating decisions. The government has determined the sectors the conglomerates can engage in, and stipulated that the financial institutions can lend only to selected businesses. This pattern of direct intervention in private decision areas has improved somewhat though the liberalization process in recent years, but has generated far-reaching and long-lasting interventionist mind-set of the policy makers regarding the role of the market.