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Japan-U.S. Relations: Policy Issues for the Clinton Administration and the 103rd Congress

Description: The Clinton Administration and the 103rd Congress are in the early stages of a major review of U.S. trade, international and security relations with Japan, the principal U.S. ally and trading partner in Asia. A number of recent developments have raised tensions in this mutually beneficial relationship, which is still characterized by deepening economic interdependence and close political and security cooperation. These include the end of the Cold War, which has eliminated a common military thre… more
Date: April 29, 1993
Creator: Cronin, Richard P.
Partner: UNT Libraries Government Documents Department
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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.
Partner: UNT Libraries Government Documents Department
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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.
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
Partner: UNT Libraries Government Documents Department
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Korea: Procedural and Jurisdictional Questions Regarding Possible Normalization of Relations with North Korea

Description: The Clinton Administration signed an agreement with North Korea on October 21, 1994, detailing steps to end the crisis caused by North Korea's nuclear program and pledging to "move toward full normalization of political and economic relations." Many details of the accord have not been disclosed, including the precise mechanisms to be used to provide light water nuclear reactors and annual shipments of U.S. heavy oil to North Korea, and a clear process to be followed in normalizing political and… more
Date: November 29, 1994
Creator: Davis, Zachary S.; Niksch, Larry A.; Nowels, Larry; Pregelj, Vladimir N.; Shinn, Rinn-Sup & Sutter, Robert G.
Partner: UNT Libraries Government Documents Department
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