The Political Economy of the Japanese Yen and the U.S.-Japan Trade Conflict - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Political Economy of the Japanese Yen and the U.S.-Japan Trade Conflict write by K. C. Fung. This book was released on 2003. The Political Economy of the Japanese Yen and the U.S.-Japan Trade Conflict available in PDF, EPUB and Kindle. Paper prepared for a conference in honor of Professor Ronald McKinnon, Stanford University, June 1, 2002. Professor Ronald McKinnon has many seminal and influential ideas in many diverse areas of economics, including international trade, international finance, economic development and the economics of transition economies. Among his considerable and impressive achievements, Ron is a world-renowned expert on the economy of Japan. We are honored to have an opportunity to contribute to this conference to celebrate Ron's numerous accomplishments. We are privileged to learn from Ron's work and delighted to be a part of this important conference to honor Ron's significant contributions to the economics profession.
The Political Economy of Trade Conflicts
The Political Economy of Trade Conflicts - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Political Economy of Trade Conflicts write by Franz Waldenberger. This book was released on 2012-12-06. The Political Economy of Trade Conflicts available in PDF, EPUB and Kindle. David Ricardo's law of comparative advantage and his finding that free trade increases the wealth of all participating nations is one of the very few economic laws which is accepted by almost all economists. But economic reason and economic policy do not always follow the same path. This especially applies to trade policies. A substantial and growing part of trade between Japan, Europe and the US does not follow the principles of free trade, but is more accurately managed trade. The management of international trade, international trade negotiations, and the political dynamics of trade conflicts create a complex reality which follows its own laws without regard to economic policy prescriptions. This political-economic reality was the subject of the conference 'The Political Economy of Trade Conflicts' organizedjoindy by the German Institute for Japanese Studies and the Friedrich-Ebert-Foundation together with the Institute of Modern Political Science and Economics of Waseda University in December 1993. We present the results of the conference in this reader. Three issues were of special importance: the US-Japanese conflict over the reduction of trade imbalances via quantitative import targets; the liberalization of trade in agricultural products, especially the opening of the Japanese rice market; and the trade tensions between the European Union, the US and Japan in high technology industries. The conference took place immediately before the conclusion of the Uruguay Round, and yet its subject continues to be of high political importance. In early 1994, the US-Japan conflict around quantitative import targets became more tense.
Reconcilable Differences?
Reconcilable Differences? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Reconcilable Differences? write by C. Fred Bergsten. This book was released on 1993. Reconcilable Differences? available in PDF, EPUB and Kindle.
An Ocean Apart
An Ocean Apart - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook An Ocean Apart write by Stephen D. Cohen. This book was released on 1998-01-30. An Ocean Apart available in PDF, EPUB and Kindle. Closing a critical gap in the literature examining the strained relationship between the U.S. and Japan, this book synthesizes the economic, political, historical, and cultural factors that have led these two nations, both practitioners of capitalism, along quite different paths in search of different goals. Taking an objective, multidisciplinary approach, the author argues that there is no single explanation for Japan's domestic economic or foreign trade successes. Rather, his analysis points to a systemic mismatch that has been misdiagnosed and treated with inadequate corrective measures. This systemic mismatch in the corporate strategy, economic policies, and attitudes of the U.S. and Japan created and is perpetuating three decades of bilateral economic frictions and disequilibria. As long as both the U.S. and Japan deal more with symptoms than causes, bilateral problems will persist. This book's unique analysis will encourage a better understanding on both sides of the Pacific of what has happened, is happening, and will continue to happen if corporate executives and policymakers in the two countries do not better realize the extent of their differences and adopt better corrective measures.
Dollar and Yen
Dollar and Yen - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Dollar and Yen write by Ronald I. McKinnon. This book was released on 1997. Dollar and Yen available in PDF, EPUB and Kindle. Dollar and Yen analyzes the friction between the United States and Japan from the viewpoint of exchange rate economics. From the mid-1950s to the early 1990s, Japan grew faster than any other major industrial economy, displacing the United States in dominance of worldwide manufacturing markets. In the 1970s and 1980s, many books appeared linking the apparent decline of the United States in the world economy to unfair Japanese practices that closed the Japanese market to a wide range of foreign goods. Dollar and Yen analyzes the friction between the United States and Japan from the viewpoint of exchange rate economics. The authors argue against the prevailing view that the trade imbalance should be corrected by dollar depreciation, saying that adjustment through the exchange rate is both ineffective and costly. Stepping outside the traditional dichotomy between international trade and international finance, they link the yen's tremendous appreciation from 1971 to mid-1995 to mercantile pressure from the United States arising from trade tensions between the two countries. Although sometimes resisted by the Bank of Japan, this yen appreciation nevertheless forced unwanted deflation on the Japanese economy after 1985--resulting in two major recessions (endaka fukyos). The authors argue for relaxing commercial tensions between the two countries, and for limiting future economic downturns, by combining a commercial compact for mutual trade liberalization with a monetary accord for stabilizing the yen-dollar exchange rate.
