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Shake Hands or Shake Apart? International Relationship of Japan with Global Blocs

Toshihiro Okubo ()

No DP2010-06, Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University

Abstract: Despite the world-wide spread of economic blocs following the Great Depression, Japan sought to find trade partners outside of its own bloc and to maintain a relationship with some foreign blocs, in particular maintaining a connection with the British Commonwealth and the Sterling bloc. The 1930s bloc economies did not isolate Japan. Also, in the early period of the cold war after World War II, capitalist blocs did not significantly isolate Japan. Econometric analysis of Japan's trade and world trade over the period from 1890 to 1955 based on a development of a gravity equation illustrates these statements.

Keywords: Trade/ Currency Blocs; Bloc Economy, Trade Diversion, Gravity equation, GATT (search for similar items in EconPapers)
JEL-codes: F10 F15 N70 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-his and nep-int
Date: 2010-02
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Journal Article: Shake Hands or Shake Apart? International Relationship of Japan with Global Blocs (2008) Downloads
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