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Author: Christopher Howe
Publisher: University of Chicago Press
ISBN: 9780226354866
Category : Business & Economics
Languages : en
Pages : 528
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Book Description
For many in the West, the emergence of Japan as an economic superpower has been as surprising as it has been sudden. After its defeat in World War II, Japan hardly appeared a candidate to lead industrialized nations in productivity and technological innovation, and the "Japanese miracle" is often explained as the result of U.S. aid and protection in the postwar years. In The Origins of Japanese Trade Supremacy, Christopher Howe locates the sources of Japan's current commercial and financial strength in events tnat occurred well before 1945. In this revisionist account, Howe traces the history of Japanese trade over four centuries to show that the Japanese mastery of trade with the outside world began as long ago as the sixteenth century, with Japan's first contact with European trading partners. Although profitable, this early contact was so destabilizing that the Japanese leadership soon restricted foreign trade mainly to Asian partners. From the early seventeenth to the middle of the nineteenth centuries, Japan developed in relative isolation. Though secluded from the scientific and economic revolutions in the West, Japan proved adept at finding novel solutions to its own problems, and its economy grew in size, diversity, and technological and institutional sophistication. By the nineteenth century, when contacts with the West were reestablished. Japan had developed a remarkable capacity to absorb foreign technologies and to adapt and create new institutions, while retaining significant elements of its traditional system of values. Most importantly, Japan's long-standing reliance on its own ingenuity to solve problems continued to flourish. This tradition, born of necessity, is the most important foundation for Japan's current position as a world economic power.
Author: Christopher Howe
Publisher: University of Chicago Press
ISBN: 9780226354866
Category : Business & Economics
Languages : en
Pages : 528
Get Book Here
Book Description
For many in the West, the emergence of Japan as an economic superpower has been as surprising as it has been sudden. After its defeat in World War II, Japan hardly appeared a candidate to lead industrialized nations in productivity and technological innovation, and the "Japanese miracle" is often explained as the result of U.S. aid and protection in the postwar years. In The Origins of Japanese Trade Supremacy, Christopher Howe locates the sources of Japan's current commercial and financial strength in events tnat occurred well before 1945. In this revisionist account, Howe traces the history of Japanese trade over four centuries to show that the Japanese mastery of trade with the outside world began as long ago as the sixteenth century, with Japan's first contact with European trading partners. Although profitable, this early contact was so destabilizing that the Japanese leadership soon restricted foreign trade mainly to Asian partners. From the early seventeenth to the middle of the nineteenth centuries, Japan developed in relative isolation. Though secluded from the scientific and economic revolutions in the West, Japan proved adept at finding novel solutions to its own problems, and its economy grew in size, diversity, and technological and institutional sophistication. By the nineteenth century, when contacts with the West were reestablished. Japan had developed a remarkable capacity to absorb foreign technologies and to adapt and create new institutions, while retaining significant elements of its traditional system of values. Most importantly, Japan's long-standing reliance on its own ingenuity to solve problems continued to flourish. This tradition, born of necessity, is the most important foundation for Japan's current position as a world economic power.
Author: Aaron Forsberg
Publisher: Univ of North Carolina Press
ISBN: 0807860662
Category : Political Science
Languages : en
Pages : 353
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Book Description
In this book, Aaron Forsberg presents an arresting account of Japan's postwar economic resurgence in a world polarized by the Cold War. His fresh interpretation highlights the many connections between Japan's economic revival and changes that occurred in the wider world during the 1950s. Drawing on a wealth of recently released American, British, and Japanese archival records, Forsberg demonstrates that American Cold War strategy and the U.S. commitment to liberal trade played a central role in promoting Japanese economic welfare and in forging the economic relationship between Japan and the United States. The price of economic opportunity and interdependence, however, was a strong undercurrent of mutual frustration, as patterns of conflict and compromise over trade, investment, and relations with China continued to characterize the postwar U.S.-Japanese relationship. Forsberg's emphasis on the dynamic interaction of Cold War strategy, the business environment, and Japanese development challenges "revisionist" interpretations of Japan's success. In exploring the complex origins of the U.S.-led international economy that has outlasted the Cold War, Forsberg refutes the claim that the U.S. government sacrificed American commercial interests in favor of its military partnership with Japan.
Author: United States. Department of State
Publisher:
ISBN:
Category : Japan
Languages : en
Pages : 1058
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Book Description
Author: Edward S Miller
Publisher: Naval Institute Press
ISBN: 161251118X
Category : History
Languages : en
Pages : 363
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Book Description
Award-winning author Edward S. Miller contends in this new work that the United States forced Japan into international bankruptcy to deter its aggression. While researching newly declassified records of the Treasury and Federal Reserve, Miller, a retired chief financial executive of a Fortune 500 resources corporation, uncovered just how much money mattered. Washington experts confidently predicted that the war in China would bankrupt Japan, not knowing that the Japanese government had a huge cache of dollars fraudulently hidden in New York. Once discovered, Japan scrambled to extract the money. But, Miller explains, in July 1941 President Roosevelt invoked a long-forgotten clause of the Trading with the Enemy Act of 1917 to freeze Japan s dollars and forbade it to sell its hoard of gold to the U.S. Treasury, the only open gold market after 1939. Roosevelt s temporary gambit to bring Japan to its senses, not its knees, was thwarted, however, by opportunistic bureaucrats. Dean Acheson, his handpicked administrator, slyly maneuvered to deny Japan the dollars needed to buy oil and other resources for war and for economic survival. Miller's lucid writing and thorough understanding of the complexities of international finance enable readers unfamiliar with financial concepts and terminology to grasp his explanation of the impact of U.S. economic policies on Japan. His review of thirty-seven studies of Japan's resource deficiencies begs the question of why no U.S. agency calculated the impact of the freeze on Japan's overall economy. His analysis of a massive OSS-State Department study of prewar Japan clearly demonstrates that the deprivations facing the Japanese people were the country to remain in financial limbo buttressed its choice of war at Pearl Harbor. Such a well-documented study is certain to be recognized for its significant contributions to the historiography of the origins of the Pacific War.
Author: Makoto Iokibe
Publisher: Springer
ISBN: 9811031843
Category : History
Languages : en
Pages : 355
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Book Description
Examining the 160 year relationship between America and Japan, this cutting edge collection considers the evolution of the relationship of these two nations which straddle the Pacific, from the first encounters in the 19th century to major international shifts in a post 9/11 world. It examines the emergence of Japan in the wake of the 1905 Russo-Japanese War and the development of U.S. policies toward East Asia at the turn of the century. It goes on to study the impact of World War One in Asia, the Washington Treaty System, the issue of Immigration Issue and the deterioration of US-Japan relations in the 1930s as Japan invaded Manchuria. It also reflects on the Pacific War and the Occupation of Japan, and the country’s postwar Resurgence, democratization and economic recovery, as well as the maturing and the challenges facing the US Japan relationship as it progresses into the 21st century. This is a key read for those interested in the history of this important relationship as well as for scholars of diplomatic history and international relations.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309047803
Category : Technology & Engineering
Languages : en
Pages : 244
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Book Description
The perspectives of technologists, economists, and policymakers are brought together in this volume. It includes chapters dealing with approaches to assessment of technology leadership in the United States and Japan, an evaluation of future impacts of eroding U.S. technological preeminence, an analysis of the changing nature of technology-based global competition, and a discussion of policy options for the United States.
Author: Mireya Solis
Publisher: Brookings Institution Press
ISBN: 0815729200
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
The balancing of competing interests and goals will have momentous consequences for Japan—and the United States—in their quest for economic growth, social harmony, and international clout. Japan and the United States face difficult choices in charting their paths ahead as trading nations. Tokyo has long aimed for greater decisiveness, which would allow it to move away from a fragmented policymaking system favoring the status quo in order to enable meaningful internal reforms and acquire a larger voice in trade negotiations. And Washington confronts an uphill battle in rebuilding a fraying domestic consensus in favor of internationalism essential to sustain its leadership role as a champion of free trade. In Dilemmas of a Trading Nation, Mireya Solís describes how accomplishing these tasks will require the skillful navigation of vexing tradeoffs that emerge from pursuing desirable, but to some extent contradictory goals: economic competitiveness, social legitimacy, and political viability. Trade policy has catapulted front and center to the national conversations taking place in each country about their desired future direction—economic renewal, a relaunched social compact, and projected international influence. Dilemmas of a Trading Nation underscores the global consequences of these defining trade dilemmas for Japan and the United States: decisiveness, reform, internationalism. At stake is the ability of these leading economies to upgrade international economic rules and create incentives for emerging economies to converge toward these higher standards. At play is the reaffirmation of a rules-based international order that has been a source of postwar stability, the deepening of a bilateral alliance at the core of America's diplomacy in Asia, and the ability to reassure friends and rivals of the staying power of the United States. In the execution of trade policy today, we are witnessing an international leadership test dominated by domestic governance dilemmas.
Author: Paul Krugman
Publisher: University of Chicago Press
ISBN: 0226454657
Category : Business & Economics
Languages : en
Pages : 356
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Book Description
The realities of Japanese-U.S. trade and investment relations are clouded by mistrust, misinformation, and myth. In what way is the Japanese economic system different, and is it to be emulated or challenged? The contributors, from both the United States and Japan, explore Japanese trade patterns, market structure and trade, financial markets, and industrial and trade policy. Offering analysis of the issues, Trade with Japan is a valuable resource for economists, policymakers, and the business community.
Author: Michael J. Green
Publisher: Council on Foreign Relations
ISBN:
Category : History
Languages : en
Pages : 432
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Book Description
The U.S.-Japan Alliance: Past, Present, and Future explains the inner workings of the U.S.-Japan alliance and recommends new approaches to sustaining this critical bilateral security relationship.
Author: Hao Peng
Publisher: Springer
ISBN: 9811376859
Category : Business & Economics
Languages : en
Pages : 185
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Book Description
This book explains compellingly that, despite common belief, in the early modern period, the intra-East Asian commercial network still functioned sustainably, and within that network, the Sino-Japanese trade can be seen as the most significant part which not only connected the Chinese and Japanese domestic markets but also was linked to the global economy. It is commonly thought that East Asian countries like China and Japan maintained a stance of so-called national isolation during the period from the seventeenth century to the middle of the nineteenth century. It is true that diplomatic relations between Qing China and Tokugawa Japan could have not been established for reasons such as guarantees of security; however, every year merchants in junks voyaged to Nagasaki and carried out transactions with Japanese merchants or business agents. How this kind of trade relation was maintained stably without any diplomatic guarantees and in which way the governments of the two sides edged into the trade and accommodated the trade conflicts and institutional frictions are essential but seldom-emphasized topics. This book aims to shed light on these issues and thereby examine the character of the unique trade order in early modern East Asia as well, by analyzing a large quantity of the seldom-used and unpublished Chinese and Japanese primary and secondary sources.
