Independent Administrative Institution
Appearance
Independent Administrative Institution (独立行政法人, Dokuritsu gyōsei hōjin) or IAI[1] is a special type of legal entity in Japan.
The IAI are semi-governmental organizations. They are regulated by the Basic Law on Reforming Government Ministries of 1998. There are about 100 IAIs.[2]
IAIs employ management methods of private-sector corporations. Each IAI has autonomy in operations and in budgeting.
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