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Book Categories |
Preface | ||
Acknowledgments | ||
1 | Introduction | 1 |
What Is the Problem? | 4 | |
How Different Is Japan? | 7 | |
Management of the Relationship | 12 | |
Previous Policy Initiatives | 14 | |
The Current Policy Framework | 18 | |
Plan of the Book | 21 | |
2 | The Macroeconomic Context | 23 |
US-Japan Trade in a Global Perspective | 23 | |
Saving, Investment, and the Trade Balance | 36 | |
Macroeconomic Policies in the United States and Japan | 43 | |
Conclusions | 55 | |
3 | Structural Access Barriers | 59 |
The US-Japan Pattern of Trade | 60 | |
Industrial Policy | 67 | |
Trade Policy | 69 | |
Nontraditional Access Barriers | 73 | |
US-Japan Rivalry in High Technology | 85 | |
Tactical Implications | 96 | |
4 | The Sectoral Impact | 99 |
Primary Products | 100 | |
Manufactures | 104 | |
Automobiles | 104 | |
Computers | 124 | |
Semiconductors | 127 | |
Supercomputers | 144 | |
Computer Software | 149 | |
Telecommunication Services and Equipment | 150 | |
High-Definition Television (HDTV) | 156 | |
Services | 158 | |
Retailing | 159 | |
Construction | 161 | |
Financial Services | 167 | |
5 | Assessment and Lessons | 179 |
Assessment of Market Access Barriers | 179 | |
Lessons | 190 | |
6 | Conclusions and Policy Recommendations | 199 |
Analytical Findings | 199 | |
The Trade Imbalances | 203 | |
Structural Differences | 210 | |
Sector-Specific Issues | 219 | |
Cooperative Leadership of the Global Economic System | 233 | |
Implementing the Strategy | 242 | |
References | 249 | |
Index | 259 |
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