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Introduction: Whither Japan?
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14529 |
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Section : |
CURRENT ISSUES
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3 / 1988 |
745 Words |
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Rudyard Kipling was wrong when he wrote that "East is East and West is West and never the twain shall meet." From the marble halls of congress to the paneled conference rooms of Wall Street, from Spartanburg, South Carolina's textile mills to California's Silicon Valley, Americans are now obliged to consider Japan's economic and political actions. And in Japan, the stock market rises and falls with the U.S. dollar and the New York Stock Exchange, while the first foreign visit that a new prime minister makes is to Washington, D.C. In a thousand different ways and for the foreseeable future, the fates and fortunes of the United States and Japan are intertwined.
But there are problems in the relationship, including a serious trade imbalance, too-high tariffs and quotas in Japan, rising protectionist sentiment in the United States, debate about the strategic relationship of Japan and the United States, and the relative strengths of the yen and the dollar. To explore these problems and find some solutions, THE WORLD & I went to leading authorities in the Untied States and Japan.
Michael Chinworth, director of the Science and Technology Japan Program at MIT, states that with Japan's emergence as the world's No. 2 economic power, the United States "can no longer demand and expect prompt responses." The United States, he suggests, must put aside grandiose pronouncements and moral judgments and instead provide "precise objectives" that meet Tokyo's needs while keeping Japan in the Western sphere. It is critical, Chinworth and other experts emphasize, to prevent economic considerations from overriding important strategic concerns.
Japan is
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