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Japanese Trade Policy toward the Third World

In: Japan and the Third World

Author

Listed:
  • William R. Nester

    (St John’s University)

Abstract

In a sense, virtually all of Japan’s economic policies are trade policies. Japan’s policymakers have understood and single-mindedly pursued the reality that there is a symbiotic relationship between a nation’s economic vitality and its ability to successfully export. Measured by its 1987 trade to GNP ratio of around 8 per cent, it would appear that Japan is second only to the United States in being the least trade dependent of the 18 OECD countries.1 In reality, Japan’s economic growth has been export-led throughout the post-war era, with exports at times comprising as much as 60 per cent of Japan’s economic growth through the late 1980s.2

Suggested Citation

  • William R. Nester, 1992. "Japanese Trade Policy toward the Third World," Palgrave Macmillan Books, in: Japan and the Third World, chapter 2, pages 26-48, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-11678-2_3
    DOI: 10.1007/978-1-349-11678-2_3
    as

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