Ocean Apart: Explaining Three Decades of U.S.-Japanese Trade Frictions

Ocean Apart: Explaining Three Decades of U.S.-Japanese Trade Frictions

by Stephen D. Cohen
     
 

ISBN-10: 0275956865

ISBN-13: 9780275956868

Pub. Date: 01/30/1998

Publisher: ABC-CLIO, Incorporated

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

Overview

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.

Product Details

ISBN-13:
9780275956868
Publisher:
ABC-CLIO, Incorporated
Publication date:
01/30/1998
Edition description:
New Edition
Pages:
272
Product dimensions:
6.00(w) x 9.00(h) x 0.75(d)

Table of Contents

Introduction

Acronyms

What Happened

Defining the Nature and Causes of Structural Problems in U.S.-Japanese Trade Relations

A History of Contemporary Bilateral Trade Relations

An Uncompromising Japanese Interpretation of Trade Frictions

An Uncompromising U.S. Interpretation of Trade Frictions

How Not to Explain Bilateral Trade Problems: Myths, Distortions, and Half-Truths

Why It Happened

The Domestic Foundations of Japan's Foreign Trade Performance

The Domestic Foundations of the U.S. Foreign Trade Performance

Divergent International Economic Policy Strategies

The Asymmetrical Bilateral Negotiating Process

Conclusions

Synthesizing the Arguments

Minimizing U.S.-Japanese Trade Frictions in the Future

Selected Bibliography

Index

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