New Beginning: Recasting the U.S.-Japan Economic Relationship (Council on Foreign Relations (Council on Foreign Relations Press))
Bruce StokesISBN: 0876092733;
The time is ripe for a bold new initiative to recast the U.S.-Japan economic relationship for the 21st century. A new Japan is emerging. Foreign investment is on the rise. Tokyo is deregulating and restructuring its economy. A new gneration of entrepreneurs and venture capitalists has merged. But a more vibrant, sustainable Japanese economy is threatened by the crushing weight of Japan's mounting public debt, the burden of its aging and shrinking population and the cumulative toll of years of economic stagnation. New governments in Washington and Tokyo have a unique opportunity to reinvigorate the U.S.-Japan relationship and to accelerate the pace and redirect the nature of change in the Japanese economy by creating a U.S.-Japan "open marketplace"--free of tariffs, with minimal regulatory impediments and an increasing freedom to do business--by the year 2010. This effort would include harmonization and mutual recognition of domestic regulations, meaningful enforcement of...
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