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Telecommunications Trade Friction

In: Economic, Industrial and Managerial Coordination between Japan and the USA

Author

Listed:
  • Meheroo Jussawalla
  • Barbara Ross-Pfeiffer

Abstract

In recent years, due to the trade imbalance, friction has been steadily growing between the USA and Japan. While some point to macroeconomic factors as the cause of this imbalance, many in Congress, and others from the American business community, blame unfair trade practices by their Japanese competitors. In each country negative popular sentiment toward the other is increasing, as nationalistic pressures on both sides become stronger. Yet, historically speaking, there is no precedent for the current US—Japan conflict, as Japan has always remained in the orbit of the Western world where international relations are concerned. The greatest challenge for the leaders of both countries is to combine their strengths in economic terms and in the pursuit of democratic values.

Suggested Citation

  • Meheroo Jussawalla & Barbara Ross-Pfeiffer, 1992. "Telecommunications Trade Friction," Palgrave Macmillan Books, in: Kiyoshi Abe & William Gunther & Harold See (ed.), Economic, Industrial and Managerial Coordination between Japan and the USA, chapter 10, pages 252-273, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22445-6_11
    DOI: 10.1007/978-1-349-22445-6_11
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