This volume is a compilation of background papers prepared for the Japan–United States Economic Relations Group, which made two reports to the president of the United States and the prime minister of Japan—one in January 1981 and another in October of the same year—on factors affecting the two countries’ long-term bilateral economic relationship. The papers are grouped into eight main themes: basic elements of the economic relationship, the impact of energy on the relationship, American productivity and the management of the United States economy, the openness of Japan’s market, industrial trade issues, agricultural trade issues, problems in US trade law and US-Japan economic relations, and economic disputes and political friction.
Contents
- 1. Cyclical and Macro-Structural Issues in US-Japanese Economic Relations
- Eisuke Sakakibara, Assistant Professor, Saitama University
- Gary Saxonhouse, Professor, University of Michigan
- 2. Energy and US-Japan Relations
- Joseph S. Nye, Professor, Harvard University
- 3. Cooperation of Japan and the United States in Energy
- Keichi Oshima, Professor, University of Tokyo
- 4. The Sources of Decline in US Productivity Growth
- Scott Davidson, US Secretariat, Japan-United States Economic Relations Group
- 5. Memorandum on Productivity Problems
- Hiroshi Ishii, Deputy General Manager, Economic and Legal Research Division, The Dai-Ichi Kangyo Bank, Ltd.
- 6. The Liberalization of Japan’s Foreign Trade and Foreign Exchange Transactions
- Japanese Investment in the United States: An Analysis of the Public Policy Issues
- John Oliver Wilson, Vice President and Director, Economics Policy Research, Bank of America
- 7. Agricultural Problems in Japan’s External Economic Cooperation
- Yujiro Hayami, Professor, Tokyo Metropolitan University
- 8. Managing Our Agricultural Interdependence
- Fred H. Sanderson, Senior Fellow, The Brookings Institution
- 9. Postwar US-Japan Agricultural Relations
- Yutaka Yoshioka, Director, Food and Agriculture Research and Development Association
- 10. Agriculture and Politics in Japan
- Kenzo Hemmi, Dean, Faculty of Agriculture, University of Tokyo
- 11. Legal Protectionism in the United States and Its Impact on United States-Japan Economic Relations
- Carl J. Green, Partner, Wender, Murase & White
- 12. Comments on “Legal Protectionism in the United States and Its Impact on United States-Japan Economic Relations”
- Douglas E. Rosenthal, Partner, Sutherland, Asbill & Brennan
- 13. Political Conflict in US-Japan Economic Relations: Where It Comes From and What to Do About It
- I. M. Destler, Director, Project on Executive-Congressional Relations, Carnegie Endowment for International Peace
- Hideo Sato, Professor, Yale University
