Japan Abroad: The Neomercantilist State

William R. Nester
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William R. Nester: St. John’s University of New York

Chapter 4 in European Power and The Japanese Challenge, 1993, pp 128-161 from Palgrave Macmillan

Abstract: Abstract In two generations Japan was transformed from a war-devastated, poverty-stricken country into the world’s most dynamic economic superpower. Tokyo’s single-minded drive for global power has been harshly criticized. Recently, the former French Prime Minister Edith Cresson asserted that there ‘is a world economic war going on. France is not waging it… Japan is an adversary that doesn’t play by the rules and has an absolute desire to conquer the world. You have to be naive or blind not to see that’.1 Cresson wanted to reverse a severe imbalance of power, outlook, and strategies between Europe and Japan: ‘I’m against the clear imbalance that exists between the European Community, which is not protectionist at all, and the Japanese system which is hermetically sealed’.2

Keywords: Direct Foreign Investment; Foreign Firm; Trade Barrier; Trade Deficit; Japanese Firm (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12995-9_4

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DOI: 10.1007/978-1-349-12995-9_4

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