Download or read book Dilemmas of a Trading Nation written by Mireya Solis and published by Brookings Institution Press. This book was released on 2017-08-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The balancing of competing interests and goals will have momentous consequences for Japan—and the United States—in their quest for economic growth, social harmony, and international clout. Japan and the United States face difficult choices in charting their paths ahead as trading nations. Tokyo has long aimed for greater decisiveness, which would allow it to move away from a fragmented policymaking system favoring the status quo in order to enable meaningful internal reforms and acquire a larger voice in trade negotiations. And Washington confronts an uphill battle in rebuilding a fraying domestic consensus in favor of internationalism essential to sustain its leadership role as a champion of free trade. In Dilemmas of a Trading Nation, Mireya Solís describes how accomplishing these tasks will require the skillful navigation of vexing tradeoffs that emerge from pursuing desirable, but to some extent contradictory goals: economic competitiveness, social legitimacy, and political viability. Trade policy has catapulted front and center to the national conversations taking place in each country about their desired future direction—economic renewal, a relaunched social compact, and projected international influence. Dilemmas of a Trading Nation underscores the global consequences of these defining trade dilemmas for Japan and the United States: decisiveness, reform, internationalism. At stake is the ability of these leading economies to upgrade international economic rules and create incentives for emerging economies to converge toward these higher standards. At play is the reaffirmation of a rules-based international order that has been a source of postwar stability, the deepening of a bilateral alliance at the core of America's diplomacy in Asia, and the ability to reassure friends and rivals of the staying power of the United States. In the execution of trade policy today, we are witnessing an international leadership test dominated by domestic governance dilemmas.
Download or read book Stage One U S Japan Trade Agreements written by Cathleen D Cimino-Isaacs and published by Independently Published. This book was released on 2020-01-04 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: On October 7, 2019, after six months of formal negotiations, the United States and Japan signed two agreements intended to liberalize bilateral trade. One, the U.S.-Japan Trade Agreement (USJTA), provides for limited tariff reductions and quota expansions to improve market access. The other, the U.S.-Japan Digital Trade Agreement, includes commitments pertaining to digital aspects of international commerce, such as crossborder data flows. These agreements constitute what the Trump and Abe Administrations envision as "stage one" of a broader trade liberalization negotiation, which the two leaders first announced in September 2018. The two sides have stated their intent to continue negotiations on a more comprehensive deal after these agreements enter into force. Congress has an interest in U.S.-Japan trade agreement negotiations given congressional authority to regulate foreign commerce and the agreements' potential effects on the U.S. economy and constituents. USJTA is to reduce or eliminate tariffs on agriculture and some industrial goods, covering approximately $14.4 billion ($7.2 billion each of U.S. imports and exports) or 5% of bilateral trade. The United States is to reduce or eliminate tariffs on a small number (241) of mostly industrial goods, while Japan is to reduce or eliminate tariffs on roughly 600 agricultural tariff lines and expand preferential tariff-rate quotas for a limited number of U.S. products. The United States framed the digital trade commitments as "gold standard," with commitments on nondiscriminatory treatment of digital products, and prohibition of data localization barriers and restrictions on cross-border data flows, among other provisions. The stage one agreement excludes most other goods from tariff liberalization and does not cover market access for services, rules beyond digital trade, or nontariff barriers. Notably, the agreement does not cover trade in autos, an industry accounting for one-third of U.S. imports from Japan. Japan's decision to participate in bilateral talks came after President Donald Trump threatened to impose additional auto tariffs on Japan, based on national security concerns. Prior to the Trump Administration, the United States negotiated free trade agreements (FTAs) that removed virtually all tariffs between the parties and covered a broad range of trade-related rules and disciplines in one comprehensive negotiation, driven in significant part by congressionally mandated U.S. negotiating objectives. Nontariff issues often require implementing legislation by Congress to take effect, and Congress has typically considered implementing legislation for past U.S. FTAs through expedited procedures under Trade Promotion Authority (TPA). The Trump Administration, however, plans to put the stage one agreements with Japan into effect without action by Congress. The Administration plans to use delegated tariff authorities in TPA to proclaim the USJTA market access provisions, while the U.S.-Japan Digital Trade Agreement does not appear to require changes to U.S. law and is being treated as an Executive Agreement. Japan's Diet (the national legislature) ratified the pact in December 2019. The Administration expects the agreements to take effect in early 2020, with negotiations on the second stage of commitments to begin within four months.
Download or read book An Ocean Apart written by Stephen D. Cohen and published by Bloomsbury Publishing USA. This book was released on 1998-01-30 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Japan s Trade Policy written by Yumiko Mikanagi and published by Routledge. This book was released on 2003-09-02 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the process of policy-making in Japan providing a valuable insight for academics and policy-makers into Japan's massive trade surpluses and the resultant mounting international pressure to resolve the situation.
Download or read book America s Trade Policy Towards Japan written by John Kunkel and published by Routledge. This book was released on 2003-08-29 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a few years, the United States has gone from worrying about Japan's economic might to worrying about its meltdown. The rise and fall of America's 'results-oriented' trade policy towards Japan captures this turnaround. John Kunkel traces this Japan policy to a crisis in the institutions, laws and norms of the US trade policy regime in the first half of the 1980s. This arose from the erosion of America's post-war international economic dominance (especially vis-à-vis Japan) and the unintended consequences of Reaganomics. The crisis in turn led to the progressive ascendancy of a coalition of 'hardliners' over 'free traders' after 1985. Kunkel combines research in economics, politics and history - including interviews with key policy-makers - to illuminate this important case study of American trade policy. His book offers theoretical insights and practical lessons on the forces shaping US trade policy at the start of the twenty-first century.
Download or read book Japan s Trade Policy and U S Trade Performance written by Thomas M. Hout and published by . This book was released on 1973 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of Japanese Trade Policy written by Aurelia George Mulgan and published by Springer. This book was released on 2015-08-11 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides up-to-date coverage of the most important domestic and external political and economic influences on Japanese trade policy, as well as the evolutionary dynamics of that policy in the post-war period.
Download or read book Japan s Trade Policies 1945 to the Present Day written by Takashi Shiraishi and published by Burns & Oates. This book was released on 1989 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes and analyzes Japan’s foreign trade policies from 1945 onwards and considers the part they played in the economic expansion of the 1960s, the oil-shock of the 1970s, and consequent growth, with the leadership of MITI and the response of industry.
Download or read book Clinton and Japan written by Robert M. Uriu and published by Oxford University Press, USA. This book was released on 2009-10-22 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book chronicles how a controversial set of policy assumptions about the Japanese economy, known as revisionism, rose to become the basis of the trade policy approach of the Clinton administration, and details how Japan refused to accept US trade solutions and fought to discredit revisionism.
Download or read book Japanese Trade Policy Formulation written by Chikara Higashi and published by Praeger Publishers. This book was released on 1983 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade with Japan written by Paul Krugman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The realities of Japanese-U.S. trade and investment relations are clouded by mistrust, misinformation, and myth. In what way is the Japanese economic system different, and is it to be emulated or challenged? The contributors, from both the United States and Japan, explore Japanese trade patterns, market structure and trade, financial markets, and industrial and trade policy. Offering analysis of the issues, Trade with Japan is a valuable resource for economists, policymakers, and the business community.
Download or read book Economic Development and International Trade written by Ippei Yamazawa and published by Resource Systems Institute East West Center. This book was released on 1990 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a direct and easy-to-use style, the Savvy Savings Guide series offers financial advice for both your personal and professional life. With each new book, readers learn how to earn more, spend less, and save for important events such as retirement and your child's college education. From paying less on your taxes to starting a small business the Savvy Savings Guide series seeks to help you save money and succeed.
Download or read book A Perspective on Japanese Trade Policy and Japan US Trade Friction written by David Flath and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japan s Unequal Trade written by Edward J. Lincoln and published by Brookings Institution Press. This book was released on 2001-06-29 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: With all the rapid economic success in Japan, it is easy to forget just how insular the nation has been, and how strikingly different its trading patterns remain from those of other industrialized nations. Japan is moving into an era of greater interaction with the world, but Lincoln contends that this does not mean the United States and other nations can end their pressure on Japan to continue opening its markets. "Now is the time to bring Japan into the fold," Lincoln writes in his introduction. Lincoln focuses on the question of access to Japanese markets, Japan's pattern of trade on imports, and the consequences of large trade and current-account imbalances. He argues against the United States abandoning its free-trade ideal and offers suggestions for applying pressure to encourage greater real access to Japanese markets.
Download or read book A History of Japanese Trade and Industry Policy written by Mikio Sumiya and published by OUP Oxford. This book was released on 2000-12-07 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the destruction of its social and economic infrastructure during the Second World War, Japan's subsequent remarkable recovery and growth propelled it rapidly into the ranks of the developed nations. In order to trace this post-war transformation formally, the Japanese Ministry of International Trade and Industry (MITI) convened a committee of independent academics to compile a seventeen-volume History of Japanese Trade and Industry Policy, of which this volume acts as a summary. Translated for the first time into English, it examines the planning, drafting, and implementation of various policies adopted by MITI against their economic and industrial background in the period from 1945 to 1979. It provides an objective overview and analysis of the development of international trade and industry policy that will be of interest to economists, political scientists, policy-makers, and public administration lawyers alike.
Download or read book Talking Trade written by Robert S Walters and published by Routledge. This book was released on 2020-01-16 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Challenges from Japan, opportunities in the new European Community, and prospects for developing countries’ economies all revolve around trade and all have implications for U.S. economic strengths and interests. The cases in this book have been selected to illustrate a variety of contemporary trade policies, practices, and partners. The volume begins with an overview of the multilateral trade regime embodied in the GATT; it then moves on to specifics, including two different cases of U.S.-Japanese exchanges (goods versus services), trade strategies of Brazil as a newly industrializing country, and the EC as the world’s largest trader. Throughout the cases, larger themes are traced, connecting trade with economic policy, foreign policy with domestic politics, and change in U.S. economic strength with the rise of new economic powers in the world arena.
Download or read book Singapore and Free Trade Agreements written by Ramkishen S. Rajan and published by Institute of Southeast Asian Studies. This book was released on 2001 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: As part of its trade policy, Singapore has embarked on what can be broadly termed "new regionalism". Beyond examining the motivations behind these trade moves, the authors also analyse the trade and investment linkages between Singapore and Japan and the United States in some detail.
