Japan’s Trade Policies and Developing Countries

Ippei Yamazawa and Akira Hirata

Chapter 6 in Trade Policies towards Developing Countries, 1993, pp 87-91 from Palgrave Macmillan

Abstract: Abstract Developing countries have attracted only minor attention in Japan’s trade policies. The main preoccupation, especially in the 1980s, has been with evading or relaxing Japan’s trade conflicts with developed countries. The US, Japan’s largest trading partner, has had special leverage in this. The development of the large trade surplus in Japan on the one hand, and the ‘twin deficits’ in the US on the other, have been the important underlying factors. Also important has been the magnitude of the US bilateral trade deficit with Japan. Thus emerged a series of lengthy trade conflicts.

Keywords: Much Favoured Nation; Import Promotion; Voluntary Export Restraint; Twin Deficit; Trade Conflict (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-22982-6_6

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DOI: 10.1007/978-1-349-22982-6_6

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