Week 14 Regional Economic Competition

Week 14 Regional Economic Competition - Regional Economic...

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Regional Economic Competition
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Three Economic Poles United States Asia (Japan/China/others) European Union & Germany
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United States High standard of living Strong economy Largest debtor nation No longer self-sufficient Trade deficit
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Japan Total defeat in WWII Rapid reconstruction Limited military burdens Promotion of exports Focus on technology
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Japan (continued) 1990 road bumps U.S. pressure Political instability Asian economic crisis Kobe earthquake Poison gas attack
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U.S. versus Japan In this corner … the Champ… United States- Resents unfair trade barriers; dumping of goods; over regulation of imports; culture of individualism and spending; costs of Gulf War. And in this corner … the Challenger … Japan- Strong interest groups and bureaucracy; absence of
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This note was uploaded on 09/07/2010 for the course POLISCI 481 taught by Professor Frank during the Spring '10 term at CSU Sacramento.

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Week 14 Regional Economic Competition - Regional Economic...

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