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What are the major changes to the foreign trade/ investment structure of Japan after the mid- 1980s? What is the policy response of Japan to the regional cooperation in the East Asia?
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What are the major changes to the foreign trade/ investment structure of Japan after the mid- 1980s? What is the policy response of Japan to the regional cooperation in the East Asia? Unlike the economic booms of the 1960s and 1970s, when increasing exports played the key role in economic expansion, domestic demand propelled the Japanese economy in the late 1980s. In fact, Japan's imports grew at a faster rate than exports since the late 1980s. In this essay, I shall explore the major changes to the foreign trade and investment structure of Japan after the mid- 1980s and the policy response of Japan to the regional cooperation in the East Asia. There are a number of factors for the changes in foreign trade and investment structure of Japan after the mid- 1980s. The factors that I shall discuss in this essay are as follow: trade friction with the USA and...
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