Trade Friction and Economic Policy: Problems and Prospects for Japan and the United States Book

Foreword Richard R. West; Preface;

1. Introduction Paul Wachtel;

Part I. Sources of Trade Friction:
2. Restructuring the Japanese economy from a global perspective Yoshio Okawara;
3. Is the Japan problem over? Paul Krugman; Discussions Shunichi Tsutsui and Harry P. Bowen;
4. The Japanese-US trade friction: some perspectives from the Japanese business community Masaya Miyoshi;
5. Industrial policy in Japan: over and evaluation Kotaro Suzumura and Masahiro Okuno-Fujiwara; Discussions Barbara Goody Katz and M. Therese Flaherty;

Part II. Macroeconomic Policy:
6. The US and Japanese economies in the remaining Reagan years Paul A. Samuelson;
7. US macroeconomic policy and trade relations with Japan Herbert Stein;
8. New financial aspects of the US-Japanese trade relationship Roy C. Smith;
9. Japanese-US current accounts and exchange rates before and after the G5 agreement Kazuo Ueda; Discussions Robert Cumby and Richard C. Marston;

Part III. Trade Policy:
10. Costs and benefits to the United States of the 1985 steel import quota program David G. Tarr; Discussions Lawrence J. White and Mitsuaki Sato;
11. Limits of trade policy toward high technology industries: the case of semiconductors Thomas A. Pugel; Discussions Rama V. Ramachandran and Ruth S. Raubitschek; Index.