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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.
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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.
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Japan-U.S. Trade: Results of Trade Negotiations

Description: ave Japan's trade concessions resulted in more U.S. exports? One premise of the more results-oriented trade policy toward Japan now being pursued is that past concessions have not caused U.S. exports to Japan to rise. The only success story seems to be that of semiconductors in which a specific goal of 20 percent of the Japanese market was set and attained.
Date: October 15, 1993
Creator: Nanto, Dick K.
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Japan-U.S. Trade: Results of Trade Negotiations - An Issue Overview

Description: On May 25, 1989, President Bush proposed that the United States undertake the Structural Impediments Initiative (SII), a series of discussions with Japan to address certain fundamental Japanese economic policies and business practices that the United States claims impede U.S. exports and investments. The SII was, in part, a Bush Administration response to the stubborn U.S. trade deficit and other problems that have caused friction in the U.S. trading relationship with Japan. It was also … more
Date: November 24, 1993
Creator: Nanto, Dick K.
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Japan-U.S. Trade: The Structural Impediments Initiative

Description: On May 25, 1989, President Bush proposed that the United States undertake the Structural Impediments Initiative (SII), a series of discussions with Japan to address certain fundamental Japanese economic policies and business practices that the United States claims impede U.S. exports and investments. The SII was, in part, a Bush Administration response to the stubborn U.S. trade deficit and other problems that have caused friction in the U.S. trading relationship with Japan. It was also … more
Date: March 15, 1993
Creator: Cooper, William H.
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Japan-U.S. Trade U.S. Exports of Negotiated Products, 1985-1990

Description: Trade relations between the United States and Japan in the 1980s were marked by U.S. efforts to pressure Japan to absorb increasingly greater amounts of U.S. exports. The United States sought to improve its steadily worsening bilateral trade deficit with Japan by negotiating to lower barriers to U.S. exports through the General Agreement on Tariffs and Trade, the Market Oriented, Sector Selective Talks, the Super 301 process, the Structural Impediments Initiative, and other bilateral fora. The … more
Date: November 26, 1991
Creator: Gold, Peter L. & Nanto, Dick K.
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The Japan-United States Framework for Trade Negotiations

Description: President Clinton proposed to Prime Minister Miyazawa the idea of a framework for U.S.-Japanese negotiations during their April 13, 1993 meeting in Washington. The two leaders agreed to instruct subordinates to prepare details of such a framework in time for presentation in July in Tokyo when the President would meet with the Prime Minister and the other G-7 leaders at the annual economic summit.
Date: August 6, 1993
Creator: Cooper, William H.
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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.
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Japanese and U.S. Industrial Associations: Their Roles in High-Technology Policymaking

Description: In both Japan and in the United States, industrial associations play an important role in enhancing government understanding and interaction with industries and in easing cooperative efforts among firms. This report examines the role of industrial associations and related organizations in high-technology policymaking and in accelerating technological development.
Date: June 26, 1991
Creator: Nanto, Dick K. & McLoughlin, Glenn J.
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Japanese Companies and Technology: Lessons to Learn?

Description: American companies are facing increased competitive pressures from foreign firms. Many observers feel that U.S. firms lag behind their foreign competitors in the development, application, and marketing of new technologies and techniques. The Japanese industrial enterprise is characterized by a large proportion of private sector financing and many other factors, which this report analyzes at length. The question being debated by Congress is whether or not U.S. government programs and policies ar… more
Date: April 15, 1991
Creator: Schacht, Wendy H.
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Japanese Lobbying and U.S. Automobile Policy

Description: This report surveys U.S. automobile policy in the 1980s in order to clarify the effects of foreign lobbying. The conclusion is that the success of Japanese and other foreign lobbying on automobile policy has been mixed. Some decisions have gone their way; others have not. Their success is partly because they have aligned their efforts with those of powerful domestic interests.
Date: February 19, 1993
Creator: Nanto, Dick K.
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Japanese Officials' View of Relations with the Clinton Administration, May-June 1993

Description: Japanese officials interviewed for this project in May-early June 1993 were generally sanguine about relations with the United States at the start of the Clinton Administration, but the Administrations's strong emphasis on U.S.- Japan trade issues in recent months deepened their pessimism over the near term prospects of U.S.-Japan relations. They were uncertain whether U.S.- Japanese talks on trade issues prior to the Clinton-Miyazawa summit of July 1993 would reflect a basic change in U.S. tra… more
Date: June 14, 1993
Creator: Sutter, Robert G.
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Japanese Participation in United Nations Peacekeeping Operations

Description: Japan is positioned to deploy its troops overseas for the first time since World War II. Under a controversial peacekeeping operations (PKO) bill passed by the Japanese Diet (parliament) on June 15, 1992, Japan is allowed to dispatch Self-Defense Forces (SDF) soldiers abroad for noncombat service with United Nations peacekeeping forces (PKF). [1] The politically sensitive PKO legislation comes two years after Japan was stung by international criticism for its failure to send troops to th… more
Date: August 24, 1992
Creator: Shinn, Rinn-Sup
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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.
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Japanese-U.S. Trade Relations: Cooperation or Confrontation?

Description: With Japan the United States has had one of its most important and most difficult trading relationships. Japan ranks second to Canada as the largest U.S. export market. It is also the second largest single source of imports to the United States. Trade issues are likely to become even more important as the whole U.S.-Japanese relationship changes in the post-Cold War period. How each country views and reacts to the other is changing as economic issues replace foreign policy and national security… more
Date: February 2, 1993
Creator: Cooper, William H.
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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.
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Japan's Budget: Role in Economic Policymaking

Description: The Japanese economy has been in recession for three years, making it the longest recession in Japan's post-war experience. Groups within and outside Japan are calling on Japan to adopt aggressive fiscal policy measures to boost the Japanese economy and to aid in the recovery of the world economy. Japan has enacted a number of limited measures to stimulate, but it is unlikely to move more aggressively to adopt deficit-financing measures to stimulate its economy for a number of reasons: politica… more
Date: March 29, 1994
Creator: Jackson, James K.
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Japan's Economy: From Bubble to Bust

Description: In the 1980s, Japan's economy posted strong economic growth, in stark contrast to the more pedestrian growth other developed economies experienced. In this period, referred to as the "bubble" economy, Japan experienced a sharp increase in the values of land and stocks. The fast paced growth came to a halt in 1991, however, as the Ministry of Finance grew concerned over prospects of a rising rate of inflation, and, accordingly, tightened the nation's money supply. Since then, Japanese economi… more
Date: March 8, 1994
Creator: Jackson, James K.
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Japan's Foreign Aid

Description: Japan has quickly risen to prominence as a donor of official development assistance (ODA), providing volumes of aid on par with the United States since the late 1980s. Originally a tool to bolster Japan's postwar economic recovery, Japanese aid has gradually assumed importance as a foreign policy tool. Faced with increased pressure from the international community to play a greater role in meeting global challenges and lacking the military and diplomatic resources of other nations, Japan has in… more
Date: May 5, 1993
Creator: Hankes, Nancy J
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Japan's Global Trade Surplus: Its Nature and Significance

Description: Japan's global current account surplus is expected to reach $150 billion in 1993, up substantially from a modest $36 billion in 1990. The movement of Japan's current account surplus in this period is, perhaps, more dramatic as a share of GDP, going from a substantial 3.6 percent in 1987, down to a modest 1.2 percent in 1990, and up again to about 3.1 percent in 1992. Japan's growing surplus is criticized as a consequence of that country's barriers to trade, and as a drag on the economic recover… more
Date: October 29, 1993
Creator: Elwell, Craig K.
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