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Henri J. Barkey
A chapter in Global Protectionism, 1991, pp 67-68 from Palgrave Macmillan
Abstract:
Abstract Japan’s successful restructuring in the years following the oil shocks demonstrates how different the US and Japan are when it comes to industrial and trade policies. As Professor Yamazawa’s paper shows, this success is largely the result of the Japanese state institutions’ determination to formulate and implement long-term strategies. While the means to this success fuel today’s severe trade disputes, there is one other source of conflict which, in the long run, would be more damaging to the relations between the two countries and to international stability: differences over commitment to free trade.
Keywords: Free Trade; Trade Policy; Trade Deficit; International Stability; Japanese Economy (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11724-6_5
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DOI: 10.1007/978-1-349-11724-6_5
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