Currencies and Politics in the United States, Germany, and Japan

Currencies and Politics in the United States, Germany, and Japan PDF Author: C. Randall Henning
Publisher: Peterson Institute
ISBN: 9780881321272
Category : Business & Economics
Languages : en
Pages : 434

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Book Description
Currencies and Politics is the first comprehensive, in-depth comparison of the institutions and processes that formulate domestic and external monetary policy in the U.S., Germany, and Japan. It outlines the differences in policymaking among the three countries and the policy patterns they produced over the postwar period.

Currencies and Politics in the United States, Germany, and Japan

Currencies and Politics in the United States, Germany, and Japan PDF Author: C. Randall Henning
Publisher: Peterson Institute
ISBN: 9780881321272
Category : Business & Economics
Languages : en
Pages : 434

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Book Description
Currencies and Politics is the first comprehensive, in-depth comparison of the institutions and processes that formulate domestic and external monetary policy in the U.S., Germany, and Japan. It outlines the differences in policymaking among the three countries and the policy patterns they produced over the postwar period.

International Monetary Cooperation Among the United States, Japan, and Germany

International Monetary Cooperation Among the United States, Japan, and Germany PDF Author: Keisuke Iida
Publisher: Springer Science & Business Media
ISBN: 1461551439
Category : Business & Economics
Languages : en
Pages : 120

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Book Description
International Monetary Cooperation among the United States, Japan, and Germany offers a first - and overdue - book- length study of counterproductive cooperation. It takes to task the critical importance of conducting systematic theory-guided empirical research to examine the validity of arguments that international monetary cooperation could be highly counterproductive. This book combines various methods - formal, quantitative, and qualitative - to study the theories of counterproductive monetary cooperation by focusing on the cooperative episodes among the major industrial countries - the United States, Japan, and Germany. For the first time, this book presents all theories of counterproductive cooperation in one place, subjects them to systematic, empirical scrutiny in the light of the experience of G-3 (U.S., Germany, and Japanese) cooperation since the 1970s, and suggests policy recommendations in the light of the findings.

A World of Regions

A World of Regions PDF Author: Peter J. Katzenstein
Publisher: Cornell University Press
ISBN: 1501700383
Category : Political Science
Languages : en
Pages : 320

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Book Description
Observing the dramatic shift in world politics since the end of the Cold War, Peter J. Katzenstein argues that regions have become critical to contemporary world politics. This view is in stark contrast to those who focus on the purportedly stubborn persistence of the nation-state or the inevitable march of globalization. In detailed studies of technology and foreign investment, domestic and international security, and cultural diplomacy and popular culture, Katzenstein examines the changing regional dynamics of Europe and Asia, which are linked to the United States through Germany and Japan. Regions, Katzenstein contends, are interacting closely with an American imperium that combines territorial and non-territorial powers. Katzenstein argues that globalization and internationalization create open or porous regions. Regions may provide solutions to the contradictions between states and markets, security and insecurity, nationalism and cosmopolitanism. Embedded in the American imperium, regions are now central to world politics.

Global Political Economy

Global Political Economy PDF Author: John Ravenhill
Publisher: Oxford University Press
ISBN: 0198737467
Category : Business & Economics
Languages : en
Pages : 504

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Book Description
Global Political Economy offers a comprehensive introduction to the field by combining theory, history, and contemporary issues and debates. The authos, who are all leading international experts, introduce readers to the diversity of perspectives in GPE through chapters that combine careful analysis with detailed empirical material. New to this edition: A rewritten chapter on the Global Trade Regime by Professor Ann Capling and Dr Silke Trommer. Increased coverage of the rise of new actors, especially the BRICs, and the role of developing economies in global governance. -- from back cover.

Japan's Financial Crisis and Its Parallels to U.S. Experience

Japan's Financial Crisis and Its Parallels to U.S. Experience PDF Author: Ryōichi Mikitani
Publisher: Peterson Institute
ISBN: 9780881322897
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
Japan is only one of many industrialized economies to suffer a financial crisis in the past 15 years, but it has suffered the most from its crisis--as measured in lost output and investment opportunities, and in the direct costs of clean-up. Comparing the response of Japanese policy in the 1990s to that of US monetary and financial policy to the American Savings and Loan Crisis of the late 1980s sheds light on the reasons for this outcome. This volume was created by bringing together several leading academics from the United States and Japan--plus former senior policymakers from both countries--to discuss the challenges to Japanese financial and monetary policy in the 1990s. The papers address in turn both the monetary and financial aspects of the crisis, and the discussants bring together broad themes across the two countries' experiences. As the papers in this Special Report demonstrate, while the Japanese government's policy response to its banking crisis in the 1990s was slow in comparison to that of the US government a decade earlier, the underlying dynamics were similar. A combination of mismanaged partial deregulation and regulatory forebearance gave rise to the crisis and allowed it to deepen, and only the closure of some banks and injection of new capital into others began the resolution. The Bank of Japan's monetary policy from the late 1980s onward, however, was increasingly out of step with US or other developed country norms. In particular, the Bank of Japan's limited response to deflation after being granted independence in 1998 stands out as a dangerous and unusual stance.

American Trade Politics, 4th Edition

American Trade Politics, 4th Edition PDF Author:
Publisher: Peterson Institute
ISBN: 9780881325324
Category : United States
Languages : en
Pages : 410

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Book Description
In this comprehensive revision of the most influential, widely read analysis of the US trade policymaking system, Destler addresses how globalization has reshaped trade politics, weakening traditional protectionism but intensifying concern about trade's societal impacts. Entirely new chapters treat the deepening of partisan divisions and the rise of "trade and..." issues (especially labor and the environment). The author concludes with a comprehensive economic and political strategy to cope with globalization and maximize its benefits. The original edition of American Trade Politics won the Gladys Kammerer Award of the American Political Science Association for the best book on US national policy.

The New Politics of American Trade

The New Politics of American Trade PDF Author: I. M. Destler
Publisher: Peterson Institute
ISBN: 9780881322699
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
Imports pour into the United States, up by 79 percent in six years. The trade deficit more than doubles. The House of Representatives solidly rejects a bill that would liberalize global and regional trade and endorses import quotas for a major manufactured product by a two-to-one margin. Although at first glance these events of the 1990s might sound like past chapters of US trade politics, in fact the political dynamics have changed in significant ways. As the impact of globalization comes into focus, politically important constituencies have begun to resist trade liberalization. Labor and environmental groups in particular, demanding that their concerns be addressed, have succeeded in fracturing the long-standing, bipartisan, protrade coalition in Congress, and in the process have undercut US leadership in liberalizing global trade. This new study reexamines the landscape of trade politics. It shows how trade advocates and labor and environmental skeptics differ significantly in both their substantive views and their political and organizational cultures. The authors demonstrate how this new challenge differs from that of traditional trade protectionism, likening it instead to the debate a century ago over whether and how to regulate American capitalism for social purposes. The analysis leads to a set of recommendations aimed at constructive compromise and a new political foundation for US trade policy leadership.

Openness and Coordination

Openness and Coordination PDF Author: Hyeong-ki Kwon
Publisher: Springer Nature
ISBN: 9819733529
Category :
Languages : en
Pages : 310

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Book Description


Unmaking the Japanese Miracle

Unmaking the Japanese Miracle PDF Author: William M. Grimes
Publisher: Cornell University Press
ISBN: 1501725254
Category : Political Science
Languages : en
Pages : 281

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Book Description
In the last fifteen years, Japan's economy has gone from model of success to object lesson in failure. William W. Grimes offers a richly detailed, insider's view of the key macroeconomic policies and events in contemporary Japan, as well as a close examination of the causes and effects of these upheavals. It is difficult to believe that the "Bubble Economy" of the late 1980s and the failed attempts at economic stimulation in the following decade both arose from the same policies. In Unmaking the Japanese Miracle, Grimes shows that this is precisely what happened. Focusing less on what went wrong than on why it went wrong, Grimes finds that mistaken macroeconomic policies—loose money in the late 1980s, excessively tight money until 1992, and only grudging use of expansionary fiscal policy until 1998—largely caused Japan's economic problems. Based on scores of interviews with Japanese policymakers, his is the first political explanation of why these catastrophic policies were carried out by the Ministry of Finance, the Bank of Japan, and the Diet. Various economic shocks were met, Grimes says, with a consistent and often inappropriate pattern of responses. This pattern has fundamentally altered because of changes within the three policymaking institutions since 1998.

International Relations Theory and the Asia-Pacific

International Relations Theory and the Asia-Pacific PDF Author: G. John. Ikenberry
Publisher: Columbia University Press
ISBN: 0231500920
Category : Political Science
Languages : en
Pages : 463

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Book Description
What will the Asia-Pacific rim look like in the years ahead? What tools will international relations theorists need to understand the complex relationship among China, Japan, and the United States as the three powers shape the economic and political future of this crucial region? Some of the best and most innovative scholars in international relations and Asian area studies gather here with the working premise that stability in the broader Asia-Pacific region is in large part a function of the behavior of, and relationships among, these three major powers. Each author analyzes the foreign policy behavior of one or more of these states and/or relations among them in an effort to make claims about the prospects for regional stability. Some of the chapters focus on security relationships, some on economic relations, and some on the interaction of the two. The authors do not promote any particular theoretical perspective, but instead draw on the full diversity of theoretical approaches in contemporary international relations scholarship to illuminate international interactions among the Pacific powers. The creative collaboration of international relations and Asian studies specialists presents the opportunity to assess the applicability of Western categories of analysis to the beliefs and behaviors of Asian actors. The scholars in this volume share the conviction that a deeper understanding of the effects of cultural divides between Asian and American policymakers is essential if the Pacific rim's economic and regional security is to be safeguarded.