Academic literature on the topic 'Japan Foreign relations United States'

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Journal articles on the topic "Japan Foreign relations United States":

1

Kawasaki, Tsuyoshi. "Review: United States Foreign Policy: Japan Challenges America." International Journal: Canada's Journal of Global Policy Analysis 48, no. 1 (March 1993): 186–87. http://dx.doi.org/10.1177/002070209304800114.

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Aruga, Tadashi. "Foreign Policy and Social Change: Japan and the United States." Tocqueville Review 16, no. 2 (January 1995): 79–97. http://dx.doi.org/10.3138/ttr.16.2.79.

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In the second half of the nineteenth century, Japan moved from isolation and pacifism towards a militarized foreign policy. It relumed to pacifism after its defeat in World War II. The United States discarded its pacifist stance as it entered World War II and reaffirmed its commitment to a militarized foreign policy at the onset of the Cold War. Because both Japan and the United States had been outside or at the periphery of international relations for such a long time, these shifts tended to be far more dramatic than those experienced by European nations, accustomed as they were to an international milieu where peace and war coexisted.
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Podoba, Z., and V. Gorshkov. "“Path-Dependency” Effect in Japan-U.S. Trade." World Economy and International Relations 65, no. 11 (2021): 31–39. http://dx.doi.org/10.20542/0131-2227-2021-65-11-31-39.

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The paper addresses current issues in Japan-U.S. foreign trade following the signing of the Japan-U.S. Trade Agreement and the Japan-U.S. Agreement on Digital Trade in October 2019. By providing an overview of Japan-U.S. trade relations, analyzing current trends in bilateral foreign trade and outlining basic terms of new bilateral agreements, the authors conclude that “path-dependency” in Japan-U.S. contemporary foreign trade persists and trade relations between the two countries are to a greater extent influenced by the U.S. trade policy which aims to assure a broader access of American companies to Japanese markets – the situation that was typical for bilateral trade relations since the 1980s. “Path-dependency” in Japan-U.S. trade relations, conventionally categorized by the existence of numerous trade contradictions, is pronounced in the unchanged goals, strategy and tactics of foreign trade negotiations. The United States maintains its “attacking” role and dominates in the bilateral trade negotiations, while Japan, despite its enhancing influence in the multilateral trading system and regional trade agreements, is forced to “self-defend” and make concessions to a more dominant partner in order to maintain its automobile exports to the United States at the expense of its national interests in other industries, particularly in the agricultural sector. Thus, new trade agreements are unlikely to cause significant structural changes in Japan-U.S. bilateral trade in the shortterm as the problem of persistent trade deficits remains. In order to break the vicious circle of “path-dependency” Japan is to actively cooperate with the economies of the European Union which have large amounts of trade deficits with the U.S., can serve as a mediator in the U.S. – China trade conflicts, as well with other Asian countries via mega-FTAs which possess potential risks to the United States. Further development of foreign trade cooperation will depend on the initiatives of new governments in both countries.
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SHIRK, SUSAN L. "Changing Media, Changing Foreign Policy in China." Japanese Journal of Political Science 8, no. 1 (March 14, 2007): 43–70. http://dx.doi.org/10.1017/s1468109907002472.

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China has undergone a media revolution that has transformed the domestic context for making foreign policy as well as domestic policy. The commercialization of the mass media has changed the way leaders and publics interact in the process of making foreign policy. As they compete with one another, the new media naturally try to appeal to the tastes of their potential audiences. Editors make choices about which stories to cover based on their judgments about which ones will resonate best with audiences. In China today, that means a lot of stories about Japan, Taiwan, and the United States, the topics that are the objects of Chinese popular nationalism. The publicity given these topics makes them domestic political issues because they are potential focal points for elite dis-agreement and mass collective action, and thereby constrains the way China' leaders and diplomats deal with them. Even relatively minor events involving China' relations with Japan, Taiwan, or the United States become big news, and therefore relations with these three governments must be carefully handled by the politicians in the Communist Party Politburo Standing Committee. Because of the Internet, it is impossible for Party censors to screen out news from Japan, Taiwan or the United States that might upset the public. Common knowledge of such news forces officials to react to every slight, no matter how small. Foreign policy makers feel especially constrained by nationalist public opinion when it comes to its diplomacy with Japan. Media marketization and the Internet have helped make Japan China' most emotionally charged international relationship.
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GORE, Lance L. P. "A Watershed Year: Chinese Foreign Policy in 2018." East Asian Policy 11, no. 01 (January 2019): 44–58. http://dx.doi.org/10.1142/s1793930519000047.

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The year 2018 is a watershed year in China’s foreign relations, marked by rapid deterioration of the external environment. The trade war with the United States is fought simultaneously at business, geopolitical and ideological levels. The two were in a struggle to redefine their bilateral relations, which also affected China’s dealings with other states, including the two Koreas, Taiwan and Japan. A more cautious foreign policy is expected from China in 2019.
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Cha, Victor D. "Balance, Parallelism, and Asymmetry: United States-Korea Relations." Journal of East Asian Studies 1, no. 1 (February 2001): 179–209. http://dx.doi.org/10.1017/s1598240800000278.

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The George W. Bush presidency has raised wide speculation about future United States' policy toward the Korean peninsula. The conventional wisdom among pundits in Washington, Seoul and elsewhere is that the incoming administration will switch to a ‘harder line’ regarding the Democratic Peoples' Republic of Korea (DPRK) and move away from the engagement policy practiced during the Clinton administration. In a similar vein, others have argued that Bush will place a premium on reaffirming and consolidating ties with traditional allies and friends like the Republic of Korea (ROK), Japan, and Taiwan while downplaying strategic engagement with China. The problem with such punditry is that it is usually overstated and under analyzed. Given the current state of relations, there is little incentive for dramatic changes in U.S. policy toward North Korea or with regard to the U.S.-ROK alliance. Moreover, given what is known of the Bush administration's foreign policy vision, there is little evidence upon which to predict an unadulterated hard line swing in policy toward Pyongyang.
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SINGH, Bhubhindar. "Japan-Southeast Asia Relations Amid US-China Competition in East Asia." East Asian Policy 13, no. 03 (July 2021): 71–83. http://dx.doi.org/10.1142/s1793930521000210.

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Japan has emerged as a critical strategic actor in East Asia amidst intensifying US-China structural competition since 2010. Southeast Asia/ASEAN is an important dimension of Japan’s foreign policy expansion. This paper argues that Japan’s foreign policy is driven by the aim of becoming an alternative source of strategic stability in Southeast Asia/ASEAN as opposed to the United States and China. This is explained by analysing Japan’s foreign policy in regional balance of power and ASEAN-led multilateralism.
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Katada, Saori N. "Japan's Foreign Aid after the San Francisco Peace Treaty." Journal of American-East Asian Relations 9, no. 3-4 (2000): 197–220. http://dx.doi.org/10.1163/187656100793645886.

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AbstractThe year 2001 marks the fifty-year anniversary of the San Francisco Peace Conference that concluded the U.S. occupation of Japan, and defined the future course of Japan's foreign relations with the rest of the world, particularly with Asia. During these fifty years, Japan transformed itself from a war-devastated nation of poverty and instability to the second richest economy of the world after the United States. Japan's foreign relations with Asia remains of critical importance, and Japan's foreign aid, the largest of the world in the past decade, contributed significantly in shaping the relationship.
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Moldicz, Csaba. "Geopolitical Tensions in East Asia and the Effects on Japanese and Hungarian Economic Relations." Foreign Policy Review 14, no. 1 (2021): 76–97. http://dx.doi.org/10.47706/kkifpr.2021.1.76-97.

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The paper places a strong focus on the increasing geopolitical tensions in the world and the geopolitical and geoeconomic adjustment process of both Japan and Hungary to the new environment. After the introductory part (Chapter 1), which discusses the changes in the global political and economic environment, the next chapter (Chapter 2) analyses the geopolitical changes for both countries, focusing on foreign and trade policies. Chapter 3 focuses on how political and economic relations with the two major powers, the United States and Japan, have changed. This chapter also provides an overview of the possible foreign policy strategies vis-à-vis the United States and China. The last chapter tries to find the common platform on which these two countries could work together to achieve their political and economic interests.
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OTHMAN, Suha Adel. "NOBUSUKE KISHI AND HIS ROLE IN JAPANESE POLITICS (1957- 1960)." Rimak International Journal of Humanities and Social Sciences 4, no. 1 (January 1, 2022): 41–57. http://dx.doi.org/10.47832/2717-8293.15.4.

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The study touched on an important topic in Japan, which is (Prime Minister of Japan Nobusuke Kishi from 1957-1960) and he also had an "important political role because of his great importance to Japan, where in this year (1957) he became the Prime Minister of Japan and had a great role in his proximity It was also characterized by a policy of establishing good relations with European countries for joint cooperation in order to establish friendly relations and establish security agreements, especially with the United States of America. Nobusuke Kishi was the great statesman, especially in the field of economy, and he was loved by the United States of America because of its strong and reassuring relations with him. The study was divided into an introduction, a conclusion, and three sections. The first topic dealt with Nobusuke Kishi, his life and political role until 1957. While the second topic spoke to Nobusuke Kishi's internal policy in Japan, as well as regarding the third topic, it shed light on it, dealing with Nobusuke Kishi's foreign policy. Finally, it should be noted that Nobusuke Kishi's political role still needs more studies and research, especially since this modest effort touched on one aspect of the political aspect. We hope that later studies will address the economic, social and cultural aspects that had an important impact on Japan's policy and in In conclusion. Key words: Nobusuke Kishi, Japan, Political, United States of America, Foreign Policy.

Dissertations / Theses on the topic "Japan Foreign relations United States":

1

Kim, Nam G. (Nam Gyun). "US-Japan Relations during the Korean War." Thesis, University of North Texas, 1995. https://digital.library.unt.edu/ark:/67531/metadc278651/.

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During the Korean War, US-Japan relations changed dramatically from the occupation status into one of a security partnership in Asia. When North Korea invaded South Korea, Washington perceived Japan as the ultimate target. Washington immediately intervened in the Korean peninsula to protect the South on behalf of Japanese security. Japanese security was the most important objective of American policy regarding the Korean War, a reality to which historians have not given legitimate attention. While fighting in Korea, Washington decided to conclude an early peace treaty with Japan to initiate Japanese rearmament. The issue of Japanese rearmament was a focal point in the Japanese peace negotiation. Washington pressed Japan to rearm rapidly, but Tokyo stubbornly opposed. Under pressure from Washington, the Japanese government established the National Police Reserve and had to expand its military forces during the war. When the Korean War ceased in July 1953, Japanese armed forces numbered about 180,000 men. The Korean War also brought a fundamental change to Japanese economic and diplomatic relations in Asia. With a trade embargo on China following the unexpected Chinese intervention in Korea, Washington wanted to forbid Sino-Japanese trade completely. In addition, Washington pressed Tokyo to recognize the Nationalist regime in Taiwan as the representative government of the whole Chinese people. Japan unsuccessfully resisted both policies. Japan wanted to maintain Sino-Japanese trade and recognize the Chinese Communists. The Korean War brought an economic boom to Japan. As a logistical and service supporter for United States war efforts in Korea, Japan received a substantial amount of military procurement orders from Washington, which supplied dollars, technology, and markets for Japan. The Korean War was an economic opportunity for Japan while it was a military opportunity for the United States. The Korean War was the beginning of a new era of American-Japanese military and economic interdependence. This study is based on both American and Japanese sources--primary and secondary.
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Traylor, John Christopher 1960. "American business and United States foreign economic policy in East Asia, 1953-1960." Thesis, The University of Arizona, 1987. http://hdl.handle.net/10150/276538.

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The Eisenhower Administration sought to create a large role for U.S. multinational corporations, who could provide a significant amount of the capital needed for trade expansion and industrial growth. This policy became known as "trade not aid." The trade not aid policy reflected both the fiscal conservatism and ideological beliefs of the Eisenhower Administration. By 1957 Eisenhower shifted to a policy of trade and aid. This study examines three foreign economic policies in the context of American-East Asian relations. It focused primarily on Japan, since that country served as the center of the American regional "workshop economy" concept in Asia. Tracing the development of the trade/aid program, this thesis then compares and contrasts governmental policies with business activity and opinion during the 1950s. It concludes that the foreign economic policy of the Eisenhower Administration contained serious flaws, served the needs of only a few countries in the region, and was weighted heavily toward a military support role rather than economic development. (Abstract shortened with permission of author.)
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Anderson, Andrew Richard. "A relationship under strain : the FSX fighter and the Japan-US alliance." Thesis, Canberra, ACT : The Australian National University, 1990. http://hdl.handle.net/1885/114564.

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On the 3rd of March 1990, Japanese Prime Minister Toshiki Kaifu and President George Bush met in Palm Springs, California, to discuss ways to ease the strained Japan-US relationship. They discussed the fate of both the security alliance and the trade relationship. Central to the discussion were concerns to reduce the American $49 billion trade deficit with Japan and plans to reduce the US troop numbers in Asia by ten percent (from 120,000) or about 5,000 troops in Japan. The trade relationship, currently in a "showdown" stage, faces considerable friction ahead because under the Super "301" clause of the 1988 Omnibus trade bill retaliatory action is required against specified countries (Japan) if progress is not made towards the importation of designated products (lumber, satellites, and supercomputers) by a specified date (June 16, 1990). The Super "301" clause sets deadlines in an ongoing dispute that has years of "no-results" precedents. Setting deadlines creates possible flash points in the Japanese-American relationship.
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Duho, Drapeau Dann. "The parameters of Japan's political economic strategy : impact of national identity, national interests, and role conceptions on Japanese foreign policy (1980-97)." Thesis, McGill University, 1998. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=28266.

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Research on Japanese current foreign policy suffers from neglect of the influence of domestic factors on Japan's decisions and behaviour in world politics. The question of the nature of Japanese foreign policy needs to go beyond the exogenous cause of state behaviour in international affairs. The object of inquiry of this thesis is the influence of social factors on the orientation of Japan's foreign policy. The central concern is: "how" and "why" Japan behaves as it does in world affairs. This examination addresses the question of the interaction of endogenous and exogenous factors on the foreign economic policy of Japan, and postulates that Japanese national identity, national interests, and role conceptions, are the essence of Japan's defensive attitudes in world affairs on the one hand, and that Japanese behavioural patterns in international relations are in conformity with the ends of Japan's foreign policy: economic security and growth under the Japan-US alliance. Japanese response to US pressure and trade adjustment to the changing framework of the world economy from the 1980s up to the present give a relevant outlook to the defensive character of Japan's foreign policy. For Japanese policy-makers, the stability of Japan's economic performance in the world economy, its pacifist attitude in world affairs, its trade relations with the United States, and its protectorate status as a result of the Japan-US Security Treaty, are beyond question.
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Katahara, Eiichi. "The U.S.-Japan security relationship, 1975-1985 : a Japanese perspective." Thesis, Canberra, ACT : The Australian National University, 1985. http://hdl.handle.net/1885/112048.

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Japan and the United States, two bitter wartime enemies, have become two of the closest and perhaps most important allies in the world today. Given the dissimilarities between the two countries, the U.S.-Japan alliance is, indeed, a remarkable achievement. In spite of the marked differences in culture, tradition, language and ethnicity, the two countries share a basic similarity in that they are now industrial democracies, embracing democratic values and a free economy. Although the post-war U .S .-Japanese relationship can be viewed as a remarkable success, diverging national interests and differing perceptions have troubled the relationship from time to time. These create an ever-present potential for mishandling and misunderstanding, as were the textile dispute in 1969-71 and the "Nixon shocks" of 1971. Although Japan has been the cornerstone of the U.S. strategy of forward deployment in the Asia-Pacific region, recent U .S .-Japanese relations have been strained by chronic economic friction and U.S. demands for an increased Japanese defence effort. This paper deals with the strategic aspects of the current U .S .-Japanese relationship. It focusses on the period from 1975 to the present because since the late 1970s, the U . S .-Japanese security relationship has entered a new phase. Recent trends indicate that Japan seems to be increasingly integrated into the U.S. global alliance system. Some indications of this are joint defence planning, military technology cooperation and joint military exercises. But questions which need to be answered remain. Is Japan really prepared to meet the U.S. demands? What are the implications of the deepening military ties between the U.S. and Japan for the security of Japanese interests, or for the stability of the Asia-Pacific region? How can a more stable U,S.-Japanese security relationship be developed?
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Johnson, Christopher S. "The United States-Japan Security Treaty of 1951: An Essay on the Origins of Postwar Japanese-American Relation." PDXScholar, 1993. https://pdxscholar.library.pdx.edu/open_access_etds/4596.

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The early September day in 1951 that brought the Pacific War to an official end, with the signing of a treaty of peace, concluded as representatives of Japan and the United States signed the Bilateral Security Treaty. The security treaty symbolized new realities of international relations, just as the peace treaty had buried the old. By cementing into place a strategic alliance between the former Pacific antagonists, the treaty represented the great and lasting achievement of postwar American diplomacy in Asia. Nevertheless, the treaty was both the outcome and the perpetuation of a stereotyped and lopsided relationship, now fixed firmly into place, as a Japan diminished by defeat acceded to the necessity of a security embrace with its former conqueror, and the United States enlisted a most valued, albeit a most reluctant ally for the ongoing struggle to meet and defeat the Soviet threat. At the end of the Pacific War such an outcome had been beyond the pale. The security treaty was the product of years of crisis adaptation. Hopes that the U.S. could make China the great power of Asia were dashed by revolution. As cherished verities of U.S. diplomacy fell by the wayside, new truisms, based upon strategic interests inherited from victory in the Pacific and the cold war policy of containment, staunchly rose to assume their place. As a result, U.S. attitudes towards Japan underwent a tortuous reassessment. The initial occupation policies of disarmament and reform were replaced by the urgent need to enlist Japan as a vital cold war asset. However, this reorientation was not easily accomplished. Competing interests within the U.S. Government clashed over the means necessary to insure Japan's security and stability, while also guaranteeing the creation of a reliable ally -- a debate that became ever more heated as the cold war intensified. The Japanese, at great disadvantage, skillfully attempted to negotiate a role for themselves in the postwar world, eager for an alliance, yet fearful of domination. The goal of this thesis is to chart and document the evolution of this policy transformation, in all its twists and odd turns. To accomplish this task I turned to an older tradition of political science, one widely practiced at the dawn of the discipline. To be sure, judicious use was made of many of the theories and methodological approaches prevalent currently. Yet while useful at times, these methods often failed to adequately explain those indeterminate moments of idiosyncratic chance and contingency of events upon which so much, to my mind, the final outcome depended. I turned therefore to a more historical approach. My primary sources became the diplomatic record as revealed in the Foreign Relations of the United States and the memoirs of those who participated in the fashioning of the U.S.-Japan Security Treaty. By the time the security treaty was concluded, the agreement reached was not one of shared joint purpose, but one which defined and gave sanction to diverging national aims that could not, nonetheless, be realized in isolation. The continued U.S. military presence in Japan had been the goal of a policy process ultimately defined in military terms, as the final bastion of cold war containment on the rim of Asia. The Japanese understood the need for security in a volatile world, but not the necessity of providing it for themselves, as the postwar political system slowly organized around emerging economic priorities. It was an odd arrangement, but one which met respective needs and desires. Yet its lack of reciprocity and mutual commitment has ensured through the years the continuation of an ambiguous and uncertain alliance.
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Walter, Jason Michael. "Determinants of Bilateral Trade between the United States and Japan." Thesis, North Dakota State University, 2010. https://hdl.handle.net/10365/29311.

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The objective of this study is to evaluate the effects of macroeconomic policy variables on bilateral trade between the United States and Japan. An auto-regressive distributed lag model is developed to estimate the effects of government economic policies on four commodity groups: agriculture; materials and chemicals; machinery and transport equipment; and manufactured goods. Results indicate that monetary policy significantly affects U. S. and Japanese imports of manufactured goods and transport equipment. The results also show that changes in government expenditure have a significant long-run effect on U.S. imports of manufactured goods and Japanese imports of materials and chemicals, while the long-run effects of income and exchange rates are significant for most commodity groups.
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Hachem, Daniel R. (Daniel Raymond). "A Study on U.S. Japanese Foreign Trade." Thesis, University of North Texas, 1995. https://digital.library.unt.edu/ark:/67531/metadc278155/.

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This research presents an in depth discussion and analysis on U.S. Japanese foreign trade. It is divided into two parts. The first hypothesis states that the appreciation of the dollar in the early eighties is positively correlated with the U.S. trade deficit, especially with Japan. The second hypothesis states that Friedrich Von Hayek's Theory of Social Order applies to the development of capitalism in that country. This can also be divided into two parts, a) this generation of Japanese consumes, saves, and invests differently than previous generations, and b) Japanese consumption and investment patterns follow U.S. consumption and investment patterns with a lag.
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Bowers, Tammy A. "Foreign aid and the national interest : the cases of the United States and Japan." FIU Digital Commons, 1996. http://digitalcommons.fiu.edu/etd/1751.

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Developed countries give foreign assistance for many reasons, one of which is the protection of national interests. Foreign aid gives a donor country leverage in international relations and is used as a tool of foreign policy. The United States and Japan are the two largest aid donors in the world. Each of these countries exert influence over specific regions through foreign assistance. Although the national interests of each country are different, both use foreign aid to protect these interests. This thesis discusses the means by which the United States and Japan use foreign aid in foreign policy. It looks specifically at U.S. food aid to Central America and Japanese aid to Asia.
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Nukumi, Tetsuro. "Political Economy of Industrial Keiretsu Groups in Japan and their Impact on Foreign Trade with the United States." Thesis, University of North Texas, 1993. https://digital.library.unt.edu/ark:/67531/metadc278301/.

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The postwar transformation of the international environment has caused economic issues to become a main source of contention among industrial states. The trade imbalance between Japan and its trading partners became a major source of conflict. Reciprocity of access and opening the market of Japan became the main point of debate and the major issue affecting relations between Japan and the United States. While the distinction between the domain of domestic and international politics increasingly is blurred, different domestic political economies create bilateral political and economic conflict. The structure and politics of intercorporate groups or vertical keiretsu are a major feature of Japan's industrial structure and political economy. This case study examines how vertical keiretsu in the automobile and home electric appliance industries affect the Japanese political economy and international trade. A political economy approach focuses on the political context of economic phenomena by analyzing both political and economic variables. Case studies of keiretsu were used in order to gain an understanding of Japan's political economy. A number of propositions or assumptions about the political economy and the dynamics of keiretsu were examined in these studies. It was found that vertical keiretsu influences the industrial sector, trade, and foreign policies in Japan. Japan's industrial policies cannot fully be understood without taking keiretsu into consideration. Scholars have not yet fully considered vertical keiretsu as major actors in the Japanese political process. Their political influence on industrial policies has largely been overlooked. Vertical keiretsu in the automobile and home electric appliance industries were found in the case studies to have been shaping industrial policies since the early post war years. Findings about the nature of Japan's political economy help to explain the conflictive bilateral relationships between Japan and the United States. The findings also show that understanding political economies of nations is increasingly important as the world economy grows and greater trade interaction is imminent.

Books on the topic "Japan Foreign relations United States":

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L, Curtis Gerald, Aho C. Michael 1949-, and American Assembly, eds. The United States, Japan, and Asia. New York: W.W. Norton, 1994.

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Caroline, Rose, and Victor Teo. The United States between China and Japan. Newcastle upon Tyne, UK: Cambridge Scholars Publishing, 2013.

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Schaller, Michael. Altered states: The United States and Japan since the occupation. New York: Oxford University Press, 1997.

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Pacific Symposium (National Defense University) (1996). Blue horizon: United States-Japan-PRC tripartite relations. Washington, DC: National Defense University Press, 1997.

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Schaller, Michael. Altered states: The United States and Japan since the occupation. New York: Oxford University Press, 1997.

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Ellen, Snodgrass Mary. Japan and the United States: Economic competitors. Brookfield, Conn: Millbrook Press, 1993.

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Ibe, Hideo. Japan, thrice-opened: An analysis of relations between Japan and the United States. New York: Praeger, 1992.

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Library of Congress. Congressional Research Service, ed. Japan-Taiwan economic relations: Implications for the United States. [Washington, D.C.]: Congressional Research Service, Library of Congress, 1992.

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L, Curtis Gerald, Global ThinkNet (Program), and Nihon Kokusai Kōryū Sentā, eds. New perspectives on U.S.-Japan relations. Tokyo, Japan: Japan Center for International Exchange, 2000.

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Dudden, Alexis. Troubled apologies among Japan, Korea, and the United States. New York: Columbia University Press, 2008.

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Book chapters on the topic "Japan Foreign relations United States":

1

Chiavacci, David. "Navigating and Riding the Double Bind of Economic and Political Hedging: Japan and the US-China Strategic Competition." In China-US Competition, 221–46. Cham: Springer International Publishing, 2023. http://dx.doi.org/10.1007/978-3-031-15389-1_9.

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AbstractJapan finds itself in a double bind. On the one hand, the United States (US) has been a committed military ally, guaranteeing the national security of Japan since 1952. Any discussion of abandonment by the US sends shockwaves throughout the conservative security establishment of Japan. On the other hand, the rise of the People’s Republic of China (PRC) has transformed it into the most important trade partner of Japan, by far. Japan is interested in a continued expansion of the PRC economy. This paper analyzes the foreign economic policy of Japan and the security policy of the conservative, LDP-led governments under the leadership of Prime Minister Shinzō Abe (2012–2020) and his successors in this complex interplay of international relations and national politics.
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Benvenuti, Andrea, Chien-Peng Chung, Nicholas Khoo, and Andrew T. H. Tan. "China's relations with the United States." In China's Foreign Policy, 84–101. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003088288-8.

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Rozman, Gilbert. "Japan, the United States, Russia." In Strategic Triangles Reshaping International Relations in East Asia, 104–13. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003296256-12.

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Rozman, Gilbert. "Japan, the United States, China." In Strategic Triangles Reshaping International Relations in East Asia, 93–103. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003296256-11.

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Ninkovich, Frank. "The United States and Imperialism." In A Companion to American Foreign Relations, 79–102. Malden, MA, USA: Blackwell Publishing, 2007. http://dx.doi.org/10.1002/9780470999042.ch6.

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Levine, Steven I. "The Japan Factor in U.S.—China Relations." In China and the United States, 107–22. New York: Palgrave Macmillan US, 2008. http://dx.doi.org/10.1057/9780230616097_6.

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Tunsjø, Øystein. "China and the United States in a new bipolar system." In US–China Foreign Relations, 41–49. Abingdon, Oxon; New York: Routledge, 2021. |: Routledge, 2020. http://dx.doi.org/10.4324/9781003056683-5.

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Rozman, Gilbert. "South Korea, Japan, the United States." In Strategic Triangles Reshaping International Relations in East Asia, 78–89. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003296256-9.

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Rozman, Gilbert. "Japan, the United States, Australia, India." In Strategic Triangles Reshaping International Relations in East Asia, 114–24. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003296256-13.

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Rivas, Darlene. "United States-Latin American Relations, 1942-1960." In A Companion to American Foreign Relations, 230–54. Malden, MA, USA: Blackwell Publishing, 2007. http://dx.doi.org/10.1002/9780470999042.ch14.

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Conference papers on the topic "Japan Foreign relations United States":

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Widyarta, Mohammad. "Foreign Aid and Modern Architecture in Indonesia: Intersecting Cold War Relations and Funding for the Fourth Asian Games, 1962." In The 38th Annual Conference of the Society of Architectural Historians Australia and New Zealand. online: SAHANZ, 2022. http://dx.doi.org/10.55939/a4014p90ju.

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Between 1950 and 1965, foreign aid played a crucial role within the Indonesian economy. With the Cold War as a backdrop, this aid came from both Western and Eastern blocs with the intention of drawing Indonesia into their spheres of influence. The aid also played a crucial role in the development of architecture in the archipelago. A major endeavour within this period was the construction of buildings and venues for the Fourth Asian Games to be held in Jakarta in 1962 which involved a new stadium, an international-standard hotel and a large by-pass road around part of the city. Financial and technical aid from the Soviet Union, Japan and the United States was obtained to realise these projects. All the while, the Asian Games, along with the modern structures constructed for the event, provided Indonesia an opportunity to advance its own agenda, which was to construct a sense of self-confidence and national pride and to situate itself as a leader among decolonised nations. Nevertheless, foreign financial and technical aid played an important role in the realisation of these projects. The availability of foreign aid was intrinsically tied to President Ahmad Sukarno’s ability to play the interests of all sides. This paper examines plans and preparations for the Fourth Asian Games as a case of engagement between the two Cold War blocs with Indonesia in the middle. By focusing on the key building projects for the Games, the paper reveals the role of foreign aid in the development of architecture in Indonesia during a critical period in its post-war and post-independence formation. This development took place through the interaction of different interests—those of the Western Bloc, the Eastern Bloc, and Indonesia—in the midst of the Cold War and decolonisation period. A glimpse into the interaction may suggest a case of competition. However, examination of the three projects indicates that it was a case of multipolar collaboration instead.
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Yi, Yawen, and Xianxian Chen. "Comparison of the Formality of Business Negotiations in the United States and Japan." In 2021 International Conference on Public Relations and Social Sciences (ICPRSS 2021). Paris, France: Atlantis Press, 2021. http://dx.doi.org/10.2991/assehr.k.211020.308.

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Ellsworth, Kyle, Spencer Magleby, and Robert Todd. "A Study of the Effects of Culture on Refrigerator Design: Towards Design for Culture." In ASME 2002 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. ASMEDC, 2002. http://dx.doi.org/10.1115/detc2002/edc-34383.

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In designing products, the needs and values of customers in foreign countries differ as influenced by their respective cultures. The authors present a new aspect to be considered in designing: Design for Culture. A case study is presented of the effects culture has on the design of refrigerators in regions of the world including United States, Europe, Japan, and Developing Countries such as Brazil.
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Wang, Haiyang, Chenxiu Song, and Quanyuan Gao. "Study and Compare on Classification and Management Requirements of Domestic and Foreign Research Reactors." In 2013 21st International Conference on Nuclear Engineering. American Society of Mechanical Engineers, 2013. http://dx.doi.org/10.1115/icone21-15412.

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There are 19 in-service civil research reactors in China nowadays, which are quite diverse on reactor type, usage, power levels, operation modes and safety features [1]. The common practice in nuclear energy advanced countries is to do safety classification and classified management of research reactors. In recent years, China has gradually refined and improved the related work. This paper summarizes the existing research reactor graded approach and safety management requirements included in certain regulations, guidelines and technical documents of IAEA, the United States, Japan and China, and specific practice and experience on operational level as well. And then the classification principles, classification elements, classification methods, safety management requirements and other aspects of the countries or government organizations mentioned above are compared from the view of research reactor safety classification. It comes to the conclusion: As far as China’s research reactor graded approach and safety management requirements are concerned, more work are needed. The relevant provisions of research reactor graded approach of IAEA are comprehensive, and have good reference value for China’s legislation system, but the classification method operability is not strong enough, and there are no detailed management and technical guides as the supplement to the graded approach. The relevant provisions of the research reactor graded approach of the United States and Japan are not systemic enough, but the classification methods are clear and operable, which are referable for China’s relevant practice on research reactor safety classification. After the Fukushima nuclear power plant accident, the classified management of the research reactors has achieved quite good results in comprehensive safety inspection of China’s civil research reactors. Finally, some suggestions in respect of the establishment and improvement of China’s research reactor safety classification guidelines and documents, standardization the use of graded approach, and application in the review and supervision of research reactor in China are put forward.
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Toprak, Nuri Gökhan. "From Embargo to Blockade: An Evaluation of the United States Sanctions against Iran in the Context of the Use of Economic Impact Tools in Foreign Poli." In International Conference on Eurasian Economies. Eurasian Economists Association, 2019. http://dx.doi.org/10.36880/c11.02219.

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The concept of influence can be defined as a tool of international actors, a form of power, the ability to overcome obstacles in order to achieve different purposes or the desired result in the process of power relations established between actors in international politics. According to the approach that aims to reach the concept of influence as the desired result, in the process of setting up influence states try to influence each other through different methods and tools in which can be used through states’ own capacities. In addition to political and military tools, economic impact tools related to the field of foreign trade and finance are frequently used today. Economic impact tools, such as external aid, which may be positive or rewarding, may also be negative or punitive in a range from the boycott to the blockade. The study aims to provide a qualitative assessment of the United States' (US) economic sanctions against Iran in the context of the use of economic impact tools in international politics. In order to achieve this aim, 12 executive orders issued by the US on the grounds that Iran poses a threat to its national security, foreign policy and economy will be examined. In the conclusion of the study, the assumption that the US sanctions against Iran almost for 40 years has become a multilateral structure such as commercial and financial blockade from a structure related to bilateral relations such as boycott and embargo will be tested.
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شریف اسماعیل, سركوت. "The impact of the foreign relations of the Iraqi state on the Anfal operations, (America) is a model." In Peacebuilding and Genocide Prevention. University of Human Development, 2021. http://dx.doi.org/10.21928/uhdicpgp/15.

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"The Anfal crime of 1988 was a series of political, military and propaganda campaigns carried out by Saddam's Ba'athist regime against a part of the Kurdish people.In this process, all the means of genocide were used, from killing, slaughter, arrest, expulsion and expulsion to the demolition of houses, burning of fields and gardens and looting of their livestock and belongings. The Ba'ath regime's excuse for this crime was nothing but religious and political propaganda that the Kurdish nation had deviated from Islam and had turned against the state These excuses were to justify his crime because the process was named after a chapter of the Holy Qur'an, which was Anfal. For such a big and heinous crime, of course, you have to make all the internal and external factors available before you start, because without the availability of both factors, it would have been impossible for such a big and important process to succeed Therefore, Saddam's Ba'athist regime had secured international and external factors along with the availability of domestic factors to a good extent, so it carried out the process in such a comprehensive and widespread manner. The United States, which was one of the most powerful and influential countries of the time, had a strong relationship with Saddam and the Iraqi government in all political, military, economic and other aspects The Americans, who served Saddam Hussein's regime in the success of the Anfal process, not only provided military and logistical assistance to the Iraqi government, but also provided intelligence assistance to the regime On the other hand, for the sake of the Ba'ath and Saddam regimes, he had cut off all kinds of cooperation from the Kurds and refused to even welcome the Kurdish representatives when they wanted to convey the truth about the Anfal crime to the US and the world.This was one of the reasons why Saddam's regime was protected from international condemnation and prosecution thanks to its cooperation and strong ties with the Americans."
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Densmaa, Oyuntsetseg, Gerelchimeg Kaliinaa, Norovsuren Nanzad, and Tsogzolboo Otgonbayar. "MONGOLIA’S “THIRD NEIGHBOR POLICY”." In Proceedings of the XXV International Scientific and Practical Conference. RS Global Sp. z O.O., 2021. http://dx.doi.org/10.31435/rsglobal_conf/25012021/7365.

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Geographically Mongolia has two neighbors. Mongolia’s existence today depends largely on mutually friendly relationships with two big neighbors. The main pillars of Mongolia’s new international strategy were incorporated in Mongolia’s National Security Concept adopted on June 30, 1994. This document, approved by the Mongolian Parliament, emphasizes a balanced policy towards the country’s two giant neighbors, underlines the importance of economic security in protecting Mongolia’s national integrity, and warns about too much dependence on any one country for trade. In today’s world of globalization and interdependence, Mongolia has to engage with other countries beyond these two neighbors, Russia and China. This is fundamental thing of the Mongolia’s searching third neighbor. Mongolia needs more friends to ensure its national security interests and achieve economic prosperity its ‘Third Neighbor Policy’1 is a policy of extending its friends all around the world. Two immediate neighbors of Mongolia, Russia and China, remain the foreign policy priority and this priority is not contradictory to the policy of having more friends. Mongolia is becoming an arena of clashes of economic interests of developed countries, multinational corporations due its rich mining deposits. Mongolia's Third Neighbor Policy is aimed to leverage the influence of neighboring countries in the national security issues of Mongolia. In contrast with other satellite states of the former Soviet Union, Mongolia concurrently instituted a democratic political system, a market-driven economy, and a foreign policy based on balancing relations with Russia and China while expanding relations with the West and East. Mongolia is now pursuing a foreign policy that will facilitate global engagement, allow the nation to maintain its sovereignty, and provide diplomatic freedom of maneuver through a “third neighbor” policy. 2 This policy is very much alive today but there is no reason to claim that its implementation is satisfactory. Mongolia has major investors from the US, Japan, Germany and France from the EU, for example. There are many universal conventions related to landlocked country. For Mongolia, access to sea via our two neighbors, means promoting economic ties with the third neighbors, as an important factor conducive to reinforcing the material foundations of Mongolia’s third neighbor policy.
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Zhang, Zhenhua, Bo Zhang, and Chaoying Zheng. "Study on the Water Intake of Heat Trap Blocked by Marine Life in Nuclear Power Plant." In 2022 29th International Conference on Nuclear Engineering. American Society of Mechanical Engineers, 2022. http://dx.doi.org/10.1115/icone29-90544.

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Abstract In recent years, the operational events that the water intake of heat trap was blocked by marine life in nuclear power plants have occurred repeatedly. Since 2000, there have been more than 200 shutdown events of biological (foreign body) blockage resulting in failure of cooling water system in the United States, the United Kingdom, Sweden, Arabia, India, Israel, Japan, South Korea and China. It has caused major safety risks and brought huge economic losses and has attracted wide attention from various governments, related industries and research institutions. It can be seen that water intake blockage event is a safety problem for all kinds of power plants to face. This paper introduces the typical design of water intake and analyses the potential effects of a large number of marine life into the heat trap water intake from the perspective of circulating water system (CRF) jump pump and essential service water system (SEC) loss of function. Based on the characteristics of the high frequency of such operation events and they may cause major safety risks, the reactor shutdown response time in different conditions is simulated. When a large number of marine organisms flood into the water intake of heat trap, the response of the operator on the potential impact of the unit condition and the operational response plan are analyzed. The impact of the unplanned changes in operating status caused by the blockage of the water intake is explained. Ultimately, based on the analysis as described above, suggestions on the design improvement of the heat trap water intake and seawater filtration system in the nuclear power plant are presented. At the same time, suggestions are put forward on the supervision analysis, dynamic monitoring of the surrounding environment of the water intake, establishing a rapid decision-making mechanism, improving the cold source emergency response plan and increasing the operation control strategy.
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Karatalov, Omurbek. "Open Economy and Economic Integration within the Framework of Eurasia." In International Conference on Eurasian Economies. Eurasian Economists Association, 2013. http://dx.doi.org/10.36880/c04.00633.

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The Kyrgyz Republic economy openness is studied within the framework of the Eurasia. Insufficient level of the financial and economic standing of Kyrgyzstan is clarified. Reasons for Governmental regulating use in the area of monetary, tax and budget policy in USA have been set up. Conditions of the development of industrial countries economy are under consideration. The necessity of financialisation of all capital of country is defined. Kyrgyzstan public budget’s permanent deficiency formation reasons are studied. A necessity of integration economic relations development within the framework of Eurasia is offered. A necessity of sustainable economic relations establishment as well as finding solution for external debt between Kyrgyzstan and Russia have been justified. It is recommended to strengthen effective fight against a scale corruption, «shadow» economy and criminalization of economy and finances. The increase of efficiency and responsibility of top managers of the public administration level have been offered. The necessity of the independent mastering of own gold-mining fields is justified. The need to attract the foreign direct investments to the area of mining and processing industry have been offered. Within the framework of acceleration of economic integration. Needs for the development of exploring and processing of hydrocarbons as well as building of large economic entities especially the hydroelectric power stations, namely Kambar-Ata-1 Hydro-Power Plants have been suggested. By this it is also suggested to Russia to develop this as strategic partner of Kyrgyzstan. Creation of integral customs system and energy cooperation suggested. It should be supported by establishment of unique equivalent among Eurasia states. By this it is to be possible to find acceptable solutions in finance and economy and to form a united economic cooperation considering a sovereignty of each state. It is necessary to develop the identical financial reporting of point-of-sale and payment balances, balance of international investments, compliable national republics and on the whole on Eurasia. To walk away from the calculation and actual use of dollar of the USA in finance and economic operations. Based on econometric prognosis of gross internal product and the public budget of Kyrgyzstan is made calculating on the per to 2025 year.
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Ding, Wei, and Xinyue Yang. "Field Research of Environment Identity System Based on Corporate Identity System." In 13th International Conference on Applied Human Factors and Ergonomics (AHFE 2022). AHFE International, 2022. http://dx.doi.org/10.54941/ahfe1002253.

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Since the 1980s, CIS has been a methodology for many enterprises to improve their brand image. The full English name of CIS is Corporate Identity System. CIS originated from the United States, then developed and perfected in Japan, and began to rise in China in 1980s. Because CIS developed earlier in Taiwan, it has reference value for the correct introduction of CIS in the mainland.On this basis, through continuous practice, MOMA design team put forward a new analysis of CIS. As one of China's top ten design companies and design innovation demonstration enterprises, MOMA design is committed to providing customers with comprehensive solutions from product prototype definition, concept design, structure design, supply chain integration and brand building. MOMA design in the field of nearly 20 years of groping, has been highly recognized by the industry, and the composition of CIS enterprise identification system has a new interpretation, thinks that CIS should include five subsystems: MIS(Mind Identity System), BIS(Behavior Identity System), VIS(Visual Identity System), PIS (Products Identity) System and Environment Identity System (EIS). CIS has been developing for more than 40 years in China, and countless entrepreneurs, practitioners and scholars have gradually perfected their ideas and continuously incorporated some new ideas. However, relatively few literatures can be retrieved in the research of EI. With the advent of sustainable design and digital economy, MOMA design in the long-term project practice that "environment" for the development of corporate image is a state of crisis and opportunity, to a certain extent, has played a key role, and the enterprise's demand for external environment is also growing. In this paper, EI of CIS five elements is taken as the research object and the concept of "field" is adopted. "Field" is derived from Bourdieu's field theory. Field refers to "network or configuration of objective relations between positions". Field, capital and habitus constitute the core of Bourdieu's sociological theory, which embodies the characteristics of relational thinking. Capital is the quantity and type controlled by actors, including economic capital, cultural capital, social capital and symbolic capital. Habitus is an actor's temperament of perception, judgment and action according to different fields. Bourdieu believed that each field should explore the special practical experience of the local nature, and be used as a general field theoretical analysis method, as the construction principle and reproduction mechanism of field practical space. Therefore, relevant scholars extend "CIS field" and "CIS field effect", considering the transverse field mutual relations among the five elements of CIS. This paper takes EI as the sub-field of CIS, considers the mining of EI vertical field to improve the overall integrity of CIS, uses field theory to analyze the macro field, meso field and micro field in environmental identification, subdivides the environment contained in each field, and sort out the overall logical framework of EIS. Then through the case of MOMA design, using capital and habitus as media to verify the cross relations between the three dimensions of the segmentation of environmental identity system. This paper aims to further improve CIS and put forward the importance of EI, hoping to promote the collaborative evolution of enterprises themselves, enterprises with enterprises and enterprises with the outside world in this field, and also hope to bring certain reference value to some practitioners and academic staff.

Reports on the topic "Japan Foreign relations United States":

1

McCulloch, Rachel. United States-Japan Economic Relations. Cambridge, MA: National Bureau of Economic Research, October 1987. http://dx.doi.org/10.3386/w2408.

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Yencha, Jr, and John M. The Future of United States - Japan Relations. Fort Belvoir, VA: Defense Technical Information Center, April 1993. http://dx.doi.org/10.21236/ada264567.

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Barton, Frederick D. Testimony: Statement of Frederick D. Barton, Senior Fellow and Director, Post-Conflict Reconstruction Project, Center for Strategic and International Studies, before the Committee on Foreign Relations, United States Senate on Accelerating Economic Progress in Iraq"". Fort Belvoir, VA: Defense Technical Information Center, July 2005. http://dx.doi.org/10.21236/ada438876.

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Romero, Antonio. The Political Dialogue and Cooperation Agreement and relations between European Union and Cuba. Fundación Carolina, February 2022. http://dx.doi.org/10.33960/issn-e.1885-9119.dtff01en.

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This document makes an assessment of the Political Dialogue and Cooperation Agreement (PDCA) between Cuba and the European Union (EU) in its four years of validity, and of the evolution of political and economic relations between both parties. The analysis is structured in five headings that address the background, determinants and significance of the PDCA between Cuba and the EU; the main elements discussed in the political dialogue —and in thematic dialogue— between the two parties since 2018, and the central aspects of trade, investment and cooperation relations between Cuba and the EU. The report concludes that, unlike the United States, the EU is able to support the complex process of economic and institutional transformations underway in Cuba, in four fundamental areas: i) technical assistance and advice for the design and implementation of public policies, macroeconomic management, decentralisation and local development; ii) cooperation to fight climate change and transform Cuba’s productive and technological structure; iii) the promotion and encouragement of foreign investment flows from Europe, targeting key productive sectors; and iv) the exploration of financial opportunities for Cuba through the European Investment Bank (EIB) under the current PDCA.
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Russo, Margherita, Fabrizio Alboni, Jorge Carreto Sanginés, Manlio De Domenico, Giuseppe Mangioni, Simone Righi, and Annamaria Simonazzi. The Changing Shape of the World Automobile Industry: A Multilayer Network Analysis of International Trade in Components and Parts. Institute for New Economic Thinking Working Paper Series, January 2022. http://dx.doi.org/10.36687/inetwp173.

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In 2018, after 25 years of the North America Trade Agreement (NAFTA), the United States requested new rules which, among other requirements, increased the regional con-tent in the production of automotive components and parts traded between the three part-ner countries, United States, Canada and Mexico. Signed by all three countries, the new trade agreement, USMCA, is to go into force in 2022. Nonetheless, after the 2020 Presi-dential election, the new treaty's future is under discussion, and its impact on the automo-tive industry is not entirely defined. Another significant shift in this industry – the acceler-ated rise of electric vehicles – also occurred in 2020: while the COVID-19 pandemic largely halted most plants in the automotive value chain all over the world, at the reopen-ing, the tide is now running against internal combustion engine vehicles, at least in the an-nouncements and in some large investments planned in Europe, Asia and the US. The definition of the pre-pandemic situation is a very helpful starting point for the analysis of the possible repercussions of the technological and geo-political transition, which has been accelerated by the epidemic, on geographical clusters and sectorial special-isations of the main regions and countries. This paper analyses the trade networks emerg-ing in the past 25 years in a new analytical framework. In the economic literature on inter-national trade, the study of the automotive global value chains has been addressed by us-ing network analysis, focusing on the centrality of geographical regions and countries while largely overlooking the contribution of countries' bilateral trading in components and parts as structuring forces of the subnetwork of countries and their specific position in the overall trade network. The paper focuses on such subnetworks as meso-level structures emerging in trade network over the last 25 years. Using the Infomap multilayer clustering algorithm, we are able to identify clusters of countries and their specific trades in the automotive internation-al trade network and to highlight the relative importance of each cluster, the interconnec-tions between them, and the contribution of countries and of components and parts in the clusters. We draw the data from the UN Comtrade database of directed export and import flows of 30 automotive components and parts among 42 countries (accounting for 98% of world trade flows of those items). The paper highlights the changes that occurred over 25 years in the geography of the trade relations, with particular with regard to denser and more hierarchical network gener-ated by Germany’s trade relations within EU countries and by the US preferential trade agreements with Canada and Mexico, and the upsurge of China. With a similar overall va-riety of traded components and parts within the main clusters (dominated respectively by Germany, US and Japan-China), the Infomap multilayer analysis singles out which com-ponents and parts determined the relative positions of countries in the various clusters and the changes over time in the relative positions of countries and their specialisations in mul-tilateral trades. Connections between clusters increase over time, while the relative im-portance of the main clusters and of some individual countries change significantly. The focus on US and Mexico and on Germany and Central Eastern European countries (Czech Republic, Hungary, Poland, Slovakia) will drive the comparative analysis.
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Financial Stability Report - September 2015. Banco de la República, August 2021. http://dx.doi.org/10.32468/rept-estab-fin.sem2.eng-2015.

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From this edition, the Financial Stability Report will have fewer pages with some changes in its structure. The purpose of this change is to present the most relevant facts of the financial system and their implications on the financial stability. This allows displaying the analysis more concisely and clearly, as it will focus on describing the evolution of the variables that have the greatest impact on the performance of the financial system, for estimating then the effect of a possible materialization of these risks on the financial health of the institutions. The changing dynamics of the risks faced by the financial system implies that the content of the Report adopts this new structure; therefore, some analyses and series that were regularly included will not necessarily be in each issue. However, the statistical annex that accompanies the publication of the Report will continue to present the series that were traditionally included, regardless of whether or not they are part of the content of the Report. In this way we expect to contribute in a more comprehensive way to the study and analysis of the stability of the Colombian financial system. Executive Summary During the first half of 2015, the main advanced economies showed a slow recovery on their growth, while emerging economies continued with their slowdown trend. Domestic demand in the United States allowed for stabilization on its average growth for the first half of the year, while other developed economies such as the United Kingdom, the euro zone, and Japan showed a more gradual recovery. On the other hand, the Chinese economy exhibited the lowest growth rate in five years, which has resulted in lower global dynamism. This has led to a fall in prices of the main export goods of some Latin American economies, especially oil, whose price has also responded to a larger global supply. The decrease in the terms of trade of the Latin American economies has had an impact on national income, domestic demand, and growth. This scenario has been reflected in increases in sovereign risk spreads, devaluations of stock indices, and depreciation of the exchange rates of most countries in the region. For Colombia, the fall in oil prices has also led to a decline in the terms of trade, resulting in pressure on the dynamics of national income. Additionally, the lower demand for exports helped to widen the current account deficit. This affected the prospects and economic growth of the country during the first half of 2015. This economic context could have an impact on the payment capacity of debtors and on the valuation of investments, affecting the soundness of the financial system. However, the results of the analysis featured in this edition of the Report show that, facing an adverse scenario, the vulnerability of the financial system in terms of solvency and liquidity is low. The analysis of the current situation of credit institutions (CI) shows that growth of the gross loan portfolio remained relatively stable, as well as the loan portfolio quality indicators, except for microcredit, which showed a decrease in these indicators. Regarding liabilities, traditional sources of funding have lost market share versus non-traditional ones (bonds, money market operations and in the interbank market), but still represent more than 70%. Moreover, the solvency indicator remained relatively stable. As for non-banking financial institutions (NBFI), the slowdown observed during the first six months of 2015 in the real annual growth of the assets total, both in the proprietary and third party position, stands out. The analysis of the main debtors of the financial system shows that indebtedness of the private corporate sector has increased in the last year, mostly driven by an increase in the debt balance with domestic and foreign financial institutions. However, the increase in this latter source of funding has been influenced by the depreciation of the Colombian peso vis-à-vis the US dollar since mid-2014. The financial indicators reflected a favorable behavior with respect to the historical average, except for the profitability indicators; although they were below the average, they have shown improvement in the last year. By economic sector, it is noted that the firms focused on farming, mining and transportation activities recorded the highest levels of risk perception by credit institutions, and the largest increases in default levels with respect to those observed in December 2014. Meanwhile, households have shown an increase in the financial burden, mainly due to growth in the consumer loan portfolio, in which the modalities of credit card, payroll deductible loan, revolving and vehicle loan are those that have reported greater increases in risk indicators. On the side of investments that could be affected by the devaluation in the portfolio of credit institutions and non-banking financial institutions (NBFI), the largest share of public debt securities, variable-yield securities and domestic private debt securities is highlighted. The value of these portfolios fell between February and August 2015, driven by the devaluation in the market of these investments throughout the year. Furthermore, the analysis of the liquidity risk indicator (LRI) shows that all intermediaries showed adequate levels and exhibit a stable behavior. Likewise, the fragility analysis of the financial system associated with the increase in the use of non-traditional funding sources does not evidence a greater exposure to liquidity risk. Stress tests assess the impact of the possible joint materialization of credit and market risks, and reveal that neither the aggregate solvency indicator, nor the liquidity risk indicator (LRI) of the system would be below the established legal limits. The entities that result more individually affected have a low share in the total assets of the credit institutions; therefore, a risk to the financial system as a whole is not observed. José Darío Uribe Governor

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