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Book Review. United States Japan Foreign Trade, Jo Bell Whitlatch Jan 1988

Book Review. United States Japan Foreign Trade, Jo Bell Whitlatch

Jo Bell Whitlatch

No abstract provided.


Do Not Dump On The Unoites, Spencer J. Pack Jan 1988

Do Not Dump On The Unoites, Spencer J. Pack

Economics Faculty Publications

No abstract provided.


Book Review. United States Japan Foreign Trade, Jo Bell Whitlatch Jan 1988

Book Review. United States Japan Foreign Trade, Jo Bell Whitlatch

Faculty Publications

No abstract provided.


Explaining Policy Failure: Japan And The International Economy, 1969-1971, Robert C. Angel Jan 1988

Explaining Policy Failure: Japan And The International Economy, 1969-1971, Robert C. Angel

Faculty Publications

This paper examines the determinants of Japan's most serious postwar blunder: failure to define and implement effective and timely countermeasures to deal with its change from deficit to surplus international monetary status during the 1969-1971 period. It concludes that intense bureaucratic compartmentalization and a lack of supra-ministerial leadership of national policy were key determinants of this failure, leaving Japan's political system dependent upon irresistible external pressure (gai-atsu), in this case from the United States, to define and force implementation of necessary policy changes. This critical but largely ignored episode illustrates a negative aspect of the traditional insulation of Japan's national …