Equity Markets, Political Markets and the Changing Framework of US-Japanese Economic Relations

Gary Saxonhouse

Chapter 9 in The Japanese Business and Economic System, 2001, pp 227-244 from Palgrave Macmillan

Abstract: Abstract For much of the latter half of the 20th century the Japanese economy grew far more rapidly than that of the United States, its major trading partner. This rapid growth was reflected in rapid changes in the structure of Japanese exports to the United States. Because the changes in Japan’s export structure reflected rapid growth in industries that were already mature in the United States, and because — unlike most other advanced industrialized countries — Japan did not import large amounts of manufactures in the same industrial lines as its exports, its economic ascendance was viewed warily by the United States.

Keywords: World Trade Organ; Equity Market; Dispute Settlement; Uruguay Round; Much Favoured Nation (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51228-3_9

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DOI: 10.1057/9780230512283_9

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