Beyond Trade Friction

Table of Contents

• Foreword Richard R. West
• 1. Beyond trade friction: an overview Julianne Nelson
• Part I. Macroeconomic Policy Issues:
• 2. Japan and the United States: the need to prosper together Alan H. Greenspan
• 3. Internationalization and restructuring of the Japanese economy Haruo Mayekawa
• 4. The limits of monetary coordination as exchange rate policy William H. Branson
• Part II. Commercial Policy Issues:
• 5. A giant among Lilliputians: Japan's long-run trade problem Jagdish Bhagwati
• 6. What do VERs do? Kala Krishna
• 7. Domestic and international mergers: competition or cooperation Ryuzo Sato and Richard Zeckhauser
• Part III. Financial Integration Issues:
• 8. Competitive performance and strategic positioning in international financial services Ingo Walter
• 9. Capital transfers from Japan to the United States: a means of avoiding trade friction Toshio Shishido
• 10. The efficiency of US and Japanese stock markets Toshiyuki Otsuki and Noriyoshi Shiraishi
• Index.
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