Trade Friction and Economic Policy: Problems and Prospects for Japan and the United States
Cambridge University Press, 8/21/2008
EAN 9780521067058, ISBN10: 0521067057
Paperback, 256 pages, 22.9 x 15.2 x 1.6 cm
Language: English
This volume presents the proceedings of an international conference held in 1986, a year in which the policy frictions between Japan and the United States were particularly heated. The issues discussed herein are of broader interest than the crises reported in the daily press. The conference programme and discussions attempt to put these crises in perspective and thereby contribute to our understanding of economic policy.
Foreword Richard R. West
Preface
1. Introduction Paul Wachtel
Part I. Sources of Trade Friction
2. Restructuring the Japanese economy from a global perspective Yoshio Okawara
3. Is the Japan problem over? Paul Krugman
Discussions Shunichi Tsutsui and Harry P. Bowen
4. The Japanese–US trade friction
some perspectives from the Japanese business community Masaya Miyoshi
5. Industrial policy in Japan
over and evaluation Kotaro Suzumura and Masahiro Okuno-Fujiwara
Discussions Barbara Goody Katz and M. Therese Flaherty
Part II. Macroeconomic Policy
6. The US and Japanese economies in the remaining Reagan years Paul A. Samuelson
7. US macroeconomic policy and trade relations with Japan Herbert Stein
8. New financial aspects of the US–Japanese trade relationship Roy C. Smith
9. Japanese–US current accounts and exchange rates before and after the G5 agreement Kazuo Ueda
Discussions Robert Cumby and Richard C. Marston
Part III. Trade Policy
10. Costs and benefits to the United States of the 1985 steel import quota program David G. Tarr
Discussions Lawrence J. White and Mitsuaki Sato
11. Limits of trade policy toward high technology industries
the case of semiconductors Thomas A. Pugel
Discussions Rama V. Ramachandran and Ruth S. Raubitschek
Index.