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
     
 

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

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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.

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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
Acknowledgements
Acronyms
IWhat Happened
1Defining the Nature and Causes of Structural Problems in U.S.-Japanese Trade Relations
2A History of Contemporary Bilateral Trade Relations
3An Uncompromising Japanese Interpretation of Trade Frictions
4An Uncompromising U.S. Interpretation of Trade Frictions
5How Not to Explain Bilateral Trade Problems: Myths, Distortions, and Half-Truths
IIWhy it Happened
6The Domestic Foundations of Japan's Foreign Trade Performance
7The Domestic Foundations of U.S. Foreign Trade Performance
8Divergent International Economic Policy Strategies
9The Asymmetrical Bilateral Negotiating Process
IIIConclusions
10Synthesizing the Arguments
11Minimizing U.S.-Japanese Trade Frictions in the Future
Selected Bibliography
Index

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