Congressional Research Service Reports - 72 Matching Results

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Japan's Uncertain Political Transition

Description: Japan's political uncertainty continues as it has since July 1993, when the conservative Liberal Democratic Party (LDP) -- in power since 1955 -- was replaced by a fragile multiparty coalition. Under Prime Minister Morihiro Hosokawa, the coalition faced turmoil in April 1994, when he resigned amid a personal financial scandal. Then-deputy prime minister/foreign minister Tsutomu Hata succeeded, but only at the head of a minority government as the Social Democratic Party (SDP), a key coalition pa… more
Date: October 31, 1996
Creator: Shinn, Rinn-Sup
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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The Federal Reserve's Arrangement for Emergency Loans to Japanese Banks

Description: The U.S. Federal Reserve reportedly has an arrangement with the Bank of Japan to provide emergency loans to Japanese banks operating overseas in exchange for U.S. Treasury securities. The collateralized loans would be extended on short notice for banks facing emergency liquidity needs. The purpose of the arrangement is to forestall the possible sale by Japanese banks of large amounts of U.S. Government securities (thereby raising U.S. interest rates) and to boost confidence in Japan's financi… more
Date: December 27, 1995
Creator: Nanto, Dick K.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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APEC and Free Trade in the Asia Pacific

Description: This report discusses the summit held by President Bill Clinton and other leaders of the Asia Pacific Economic Cooperation (APEC) on November 19, 1995. The report discusses the primary reason for the summit, an Action Agenda intended to lead to free and open trade and investment among its members. The report also discusses how APEC countries were divided on certain issues going into this summit.
Date: November 14, 1995
Creator: Nanto, Dick K.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan's Uncertain Political Transition

Description: Japan's uncertain political transition began in July 1993, when the conservative Liberal Democratic Party (LDP) -- in power since 1955 -- was replaced by a fragile multiparty coalition. Under Prime Minister Morihiro Hosokawa, the coalition faced turmoil in April 1994, when Hosokawa resigned abruptly amid a personal financial scandal. Then-deputy prime minister/foreign minister Tsutomu Hata succeeded, but only at the head of a minority government as the Social Democratic Party (SDP), a key coa… more
Date: October 31, 1995
Creator: Shinn, Rinn-Sup
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan's Banking Crisis: Causes and Probable Effects

Description: Japan's banking sector currently is carrying between $400 billion and $800 billion in non-performing loans that threaten the solvency of certain financial institutions and weaken the Japanese financial system. This problem is of interest to the United States because the stability of Japan's banking system affects the health of that nation's economy, its rate of economic growth, and international capital flows. This, in turn, may affect American exports to, imports from, and investments in Japan… more
Date: October 6, 1995
Creator: Nanto, Dick K.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japanese Trade Balance and Exchange Rate: Seeing Through the Numbers

Description: Measured in dollars, Japan's global trade surplus stands at a record level. Also in recent months the Japanese yen has appreciated markedly against the dollar. The two events seem to foster a sizable degree of concern among many Americans, perhaps, taken to be evidence of Japan's economic success and the United States' economic failure. Things need not be as they seem, however.
Date: August 3, 1995
Creator: Elwell, Craig K.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan-U.S. 1995 Automotive Dispute: Impact of 100 Percent Tariffs on Automobile Dealers by State

Description: There have been varying estimates of the number of U.S. automobile dealerships that would be affected by the Administration's recently announced plan to impose a 100-percent tariff on imported Japanese luxury automobiles. This report examines the assumptions which result in some of the differences. also provides a State-by-State estimate of numbers of dealers potentially affected if the higher tariffs are imposed.
Date: June 16, 1995
Creator: Heavner, Penelope Fay
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan's Response to U.S. Trade Pressures: End of an Era?

Description: Over the past 30 years, U.S. trade negotiators have pressured Japan to open its market to foreign goods and services. These outside pressures, known as gaiatsu in Japan, have been based partly on economically coercive bargaining and partly on invitation. The coercive element, which has entailed threats of retaliatory market constriction should a satisfactory resolution of the market opening dispute not be forthcoming, generally has been a necessary ingredient in obtaining concessions from Japan… more
Date: June 12, 1995
Creator: Ahearn, Raymond J.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan-U.S. Automobile and Parts Trade Dispute

Description: On May 9, 1995, the United States initiated action designed to resolve a dispute with Japan dealing with automobiles and auto parts. In an effort to move negotiations along and resolve a U.S. unfair trade practices case (Section 301) dealing with barriers in the aftermarket for auto parts in Japan, the United States has threatened to impose 100 percent tariffs on imports of thirteen Japanese luxury passenger cars (Honda Acura, Nissan Infiniti, Toyota Lexus, Mazda 929 and Millenia, and Mitsubish… more
Date: June 9, 1995
Creator: Nanto, Dick K.; Cooper, William H. & Bass, Gwenell L.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Financial Services Trade with Japan

Description: The 1995 U.S.-Japan Financial Services Agreement further liberalizes aspects of Japan's financial markets, particularly in asset management, corporate securities, cross-border financial services, and in providing greater transparency for administrative procedures. Implementation will have to be monitored, however, and some issues still remain unresolved.
Date: March 24, 1995
Creator: Nanto, Dick K.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan's New Era of Coalition Governance: Implications for U.S. Interests and Policy

Description: Recent Japanese political instability has complicated U.S.-Japan relations and posed new challenges to the achievement of important American economic, foreign policy and security objectives. Since July 1993 Japan has been governed by coalitions under three different prime ministers. The first coalition, under Prime Minister Morihiro Hosokawa, pushed through electoral and campaign finance reform legislation of potentially long-term significance, but failed to overcome political, bureaucratic a… more
Date: March 15, 1995
Creator: Cronin, Richard P.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan-U.S. Relations: Issues for Congress in the 1990s

Description: Japan-U.S. relations are more uncertain and subject to greater strain today than at any time since World War II. Longstanding military allies and increasingly interdependent economic partners, Japan and the United States have worked closely together to build a strong, multifaceted relationship based on democratic values and interests in world stability and development. But Japan today is our foremost economic and technological competitor.
Date: November 21, 1994
Creator: Sutter, Robert G.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan-U.S. Automotive Framework Talks

Description: The U.S.-Japan framework talks were initiated in July 1993. The automotive negotiations between Japan and the United States focused on sales of U.S. vehicles in Japan; sales of U.S.-made original equipment parts in Japan and to Japanese transplants in the United States; and deregulation of the market for replacement parts in Japan. An unresolved dispute over shock absorbers and other replacement parts resulted in the United States launching a formal investigation of Japanese market barriers to … more
Date: November 10, 1994
Creator: Bass, Gwenell L.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japanese and U.S. Economic Involvement in Asia and the Pacific: Comparative Data and Analysis

Description: In a world in which economic and trade performance are fast gaining acceptance as important components of national power and well being, Congress has become increasingly interested in the comparative success of U.S. business in the vast, rapidly growing Asia-Pacific region. For the most part, Congress has tended to view Japan as the main competitor of the United States in Asian markets and the standard against which U.S. success is measured. The stakes for the United States are considerable. Ex… more
Date: September 27, 1994
Creator: Cronin, Richard P.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan's Uncertain Political Transition

Description: Japan's current political instability began in July 1993, when the Liberal Democratic Party (LDP) -- in power since 1955 -- was voted out and replaced by a fragile multiparty coalition government under Prime Minister Morihiro Hosokawa. The new government faced turmoil in April 1994, when Hosokawa suddenly resigned amid a personal financial scandal. Then-deputy prime minister/foreign minister Tsutomu Hata succeeded, but only at the head of a minority government after the Socialist party, a key c… more
Date: September 19, 1994
Creator: Shinn, Rinn-Sup
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan-U.S. Trade Negotiations: Will the Deadlock Be Broken?

Description: The United States and Japan have been deadlocked for over a year in an effort to reach agreements under the July 1993 Framework for a New Economic Relationship. The overriding obstacle has concerned the issue of how to measure progress under future agreements to open Japan's market further to foreign goods and services.
Date: September 13, 1994
Creator: Ahearn, Raymond J.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan-U.S. Relations: Issues for Congress in the 1990s

Description: Japan-U.S. relations are more uncertain and subject to greater strain today than at any time since World War II. Longstanding military allies and increasingly interdependent economic partners, Japan and the United States have worked closely together to build a strong, multifaceted relationship based on democratic values and interests in world stability and development. But Japan today is our foremost economic and technological competitor. It consistently runs the largest annual international tr… more
Date: August 31, 1994
Creator: Sutter, Robert G.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Alternative Sources of Wood for Japan

Description: Japan is one of the world's largest wood importers, with two-thirds of its imports as logs (unprocessed timber). Southeast Asia has been the largest log supplier, but supplies (and exports to Japan) have been declining. The United States has become a more important supplier, but concerns about declining domestic timber supplies have led to proposals to prohibit or to tax log exports. Opponents suggest that Japan would simply turn to other sources to replace U.S. logs. One question in this debat… more
Date: August 25, 1994
Creator: Gorte, Ross W.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan's Looming Bank Crisis: A Half Trillion Dollars in Non-Performing Loans?

Description: Japan's top 21 banks have reported Y13.6 trillion (US$136 billion) in non-performing loans, but experts consider the true figure to be in the range of Y40 to Y60 trillion (US$400 to US$600 billion). If 90, Japan's banks may take five to seven more years to write off their bad loans and restore health to their balance sheets. Current write-offs are being financed primarily by sales of stocks held by banks whose values have appreciated. This problem of bad loans is depressing Japan's economic gro… more
Date: August 19, 1994
Creator: Nanto, Dick K.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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The Yen/Dollar Exchange Rate

Description: The dollar declined abruptly in value against the yen in the second quarter of 1994, spurring the central banks of seventeen nations to coordinate a series of intervention efforts in the world's currency trading markets. In addition, the dollar's decline sparked discussions of the possible policy moves the United States and other nations might take to stem the fluctuations in the value of the dollar. Economic theory and empirical evidence indicate that the underlying movement of the exchange ra… more
Date: August 9, 1994
Creator: Jackson, James K.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan-U.S. Trade Negotiations Under the Framework: Status and Alternative Approaches

Description: It has been more than a year since the United States and Japan established their bilateral framework for trade negotiations and other economic relations. The framework set down rules and deadlines to address various economic issues, particularly market access in Japan for U.S. exports and the Japanese global trade surplus. The two sides have failed to reach agreements on any of the major issues. The United States is left with several policy options to resolve the breakdown in trade negotiations. more
Date: August 2, 1994
Creator: Cooper, William H.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan's Uncertain Political Transition

Description: Japan's current political instability began in July 1993, when the Liberal Democratic Party (LDP) -- in power since 1955 - was voted out and replaced by a fragile multiparty coalition government under Prime Minister Morihiro Hosokawa. The new government faced turmoil in April 1994, when Hosokawa suddenly resigned amid a personal financial scandal. Then-deputy prime minister/foreign minister Tsutomu Hata succeeded, but only at the head of a minority government after the Socialist party, a key co… more
Date: July 29, 1994
Creator: Shinn, Rinn-Sup
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Japan's Ongoing Political Instability: Implications for U.S. Interests

Description: The surprise election of Socialist Party leader Tomiichi Murayama as Prime Minister on June 29, 1994, reflects an ongoing process of change and realignment in Japanese politics that, in the short term, has made the management of U.S.-Japan relations significantly more difficult and impeded the resolution of important issues. Although Murayama has pledged continuity in U.S.-Japan relations, and key cabinet posts have been given to senior LDP leaders with experience in dealing with Washington, hi… more
Date: July 8, 1994
Creator: Cronin, Richard P.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Defense Burdensharing: Is Japan's Host Nation Support a Model for Other Allies?

Description: This report reviews data that the Administration has provided to Congress on the costs of U.S. forces based abroad and on the value of host nation support contributions. It analyzes the data in order to assess potential defense budget savings from measures now under congressional consideration. The report concludes that, because of shortcomings in the data, estimates of savings in the U.S. defense budget from increased host nation contributions are often overstated. Some commonly accepted asser… more
Date: June 20, 1994
Creator: Daggett, Stephen
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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