Miraculous or mired? Contrasting Japanese and American perspectives on Japan's economic problems

REFERENCES

• James C , Abbegglen and George Jr , Stalk . 1985 . Kaisha: The Japanese Corporation , New York : Basic Books .
   Google Scholar
• Marie , Anchordoguy . 1988 . Mastering the market: Japanese government targeting of computer industry . International Organization , 42 ( 3 ) : 509 – 43 . Summer
   Web of Science ®Google Scholar
• Baker Gerard 1998 ‘US eyes the Asian storm’ Financial Times 13 July, p. 19 .
   Google Scholar
• Daniel , Bell . 1960 . The End of Ideology: On the Exhaustion of Political Ideas , Glencoe, IL : Free Press .
   Google Scholar
• Jagdish , Bhagwati . 1996 . The US-Japan car dispute: a monumental mistake . International Affairs , 72 ( 2 ) : 261 – 79 .
   Web of Science ®Google Scholar
• Bremner Brian 1998 Japan's real crisis Business week 18 May, pp. 136-42 .
   Google Scholar
• Alex , Brummer . 1998 . Japan bows to US pressure: officials resent yen rescue terms . The Guardian , 19 June : 23
   Google Scholar
• Janet , Bush and Robert , Whymant . 1998 . Market slumps as Asia crisis bites . The Times , 13 June : 27
   Google Scholar
• Calder , Kent E. 1993 . Strategic Capitalism: Private Business and Public Purpose in Japanese Industrial Finance , Princeton, NJ : Princeton University Press .
   Google Scholar
• Peter , Cowhey . 1995 . “ Pacific trade relations after the Cold War: GATT, NAFTA, ASEAN and APEC ” . In Takashi Inoguchi and Courtney Purrington United States-Japan Relations and International Institutions after the Cold War , Edited by: Gourevitch , Peter . La Jolla, CA : Graduate School of International Relations and Pacific Studies .
   Google Scholar
• Sayle Murray 1998 The social contradictions of Japanese capitalism’ The Atlantic Monthly June .
   Google Scholar
• Phillipe , Schmitter . 1974 . Still a century of corporatism? . Review of Politics , 36(1)
   Google Scholar
• Tett Gillian 1998 Japan: damper on celebrations Financial Times 19 December .
   Google Scholar
• Lester , Thorow . 1992 . Head to Head: The Coming Economic Battle Among Japan , Europe and America, , London : Brealy .
   Google Scholar
• Van Wolferen , Karel . 1989 . The Enigma of Japanese Power , New York : Knopf .
   Google Scholar
• Vogel , Ezra F. 1985 . Comeback , New York : Simon &Schuster .
   Google Scholar
• Steven , Vogel . 1997 . Freer Markets, More Rules , Ithaca, NY : Cornell University Press .
   Google Scholar
• Linda , Weiss . 1997 . The Myth of the Powerless State , Ithaca, NY : Cornell UniversityPress .
   Google Scholar
• Henry , Wendt . 1993 . Global Embrace: Corporate Challenges in a Transnational World , New York : Harper Business .
   Google Scholar
• Marina , Wes . 1995 . Globalisation: Winners and Losers , London : IPPR .
   Google Scholar
• Wills Garry 1999 Bully of the free world Foreign Affairs (March/April): 50-60 .
   Web of Science ®Google Scholar
• World Bank . 1997 . The State in a Changing World: World Development Report 1997 , New York : International Bank for Reconstruction and Development for the World Bank .
   Google Scholar
• Sheryl , WuDunn . 1998a . Japan to rev up the economy, prepares to reshape its markets . New York Times , 31 March : A1
   Google Scholar
• Sheryl , WuDunn . 1998b . Japanese premier seeks $75 billion to spur economy . New York Times , 10 April : A1
   Google Scholar
• Sheryl , WuDunn . 1998c . Politicians take on Japan's finance ministry, with caution . New York Times , 26 September : C4
   Google Scholar
• Oon , Yeoh . 1998 . Asian leaders dissect what hit the region . The Nikkei Weekly , 8 June : 1
   Google Scholar
• Mortimer , Zuckerman . 1998 . A second American century . Foreign Affairs , 77 ( 3 ) : 18 – 31 .
   Web of Science ®Google Scholar
• Leonard Jr , Schoppa . 1997 . Bargaining with Japan: What American Pressure Can and Cannot Do , New York : University of Columbia Press .
   Google Scholar
• Henry , Sender . 1998 . A new wave of pain . Far Eastern Economic Review , 25 June : 62
   Google Scholar
• Sieg, Linda (1998a) ‘Analysis -- US won’t ease pressure over Japan economy’, 27 July ( http://biz.yahoo.com/finance/980727/japan_poli_2.html). (http://biz.yahoo.com/finance/980727/japan_poli_2.html).)
   Google Scholar
• Sieg, Linda (1998b) ‘Asia focus: Japan economy-breakdown or makeover?’, 10 July ( http://biz.yahoo.com/finance/980710/asia_risk_l.html). (http://biz.yahoo.com/finance/980710/asia_risk_l.html).)
   Google Scholar
• Theda , Skocpol . 1979 . States and Social Revolutions , New York : Cambridge University Press .
   Google Scholar
• Theda , Skocpol . 1985 . “ Bringing the state back in: current research ” . In Bringing the State Back , Edited by: Evans , Peter . New York : Cambridge University Press .
   Google Scholar
• Robert , Solomon . 1994 . The Transformation of the World Economy, 1980-1993 , London : Macmillan .
   Google Scholar
• James , Sterngold . 1994 . Japan trade talks: good will meets bureaucracy . New York Times , 16 January : 3
   Google Scholar
• Bob , Davis . 1994 . Kantor hopes Japan's cabinet officials can forge compromisein trade talks . Wall Street Journal , 1 February : A2
   Google Scholar
• Dombey Daniel 1998 Currencies: yen holds on while sterling soars Financial Times 19 June .
   Google Scholar
• The Economist 1993 Economic miracle or myth? 2 October, p. 41 .
   Google Scholar
• The Economist 1998 As Japan goes? 20 June, p. 17 .
   Google Scholar
• Seth , Faison . 1998 . Chinese economic leaders read a warning in Asian crisis . New York Times , 15 January : C26
   Google Scholar
• Fallows James 1993a Looking at the sun Atlantic Monthly, November , pp. 69-100.
   Google Scholar
• Fallows James 1993b How the world works Atlantic Monthly, December , pp. 61-87.
   Google Scholar
• Fallows James 1994a What is an economy for? Atlantic Monthly, January , pp. 76-92.
   Google Scholar
• James , Fallows . 1994b . Looking at the Sun: The Rise of the New East Asian Economic and Political Systems , New York : Vintage .
   Google Scholar
• Financial Times 1998 US exports: Asian crisis starts to take toll 10 June .
   Google Scholar
• Friedman , Thomas L. 1997 . Mahathir's wrath . New York Times , 18 December : A27
   Google Scholar
• Masako , Fuduka . 1998 . Forecasts for Asia range from rosy to bleak . The Nikkei Weekly , 8 June : 2
   Google Scholar
• Yoshihiro , Fujii . 1998 . European example provides boost to backers of single currency for Asia . The Nikkei Weekly , 25 May : 23
   Google Scholar
• Francis , Fukuyama . 1992 . The End of History and the Last Man , New York : Free Press .
   Google Scholar
• Doungsuda , Fungladda . 1998 . Study aims for Asian currency . The Nikkei Weekly , 23 March : 23
   Google Scholar
• Garten , Jeffrey E. 1992 . A Cold Peace: America, Japan, Germany and the Struggle for Supremacy , New York : Random House .
   Google Scholar
• Doremus , Paul , Keller , William , W , Pauly , Louis , W. and Simon , Reich . 1998 . “ The Myth of the Global Corporation ” . Princeton, NJ : Princeton University Press .
   Google Scholar
• Entous, Adam, ‘Greenspan prods Japan of economy, sees Asia risks’ ( http://biz.yahoo.com/finance/980721/economy_fe_8.html). (http://biz.yahoo.com/finance/980721/economy_fe_8.html).)
   Google Scholar
• Michael , Gerlach . 1992 . Alliance Capitalism: The Social Organization of Japanese Business , Berkeley, CA : University of California Press .
   Google Scholar
• Alexander , Gerschenkron . 1943 . Bread and Democracy in Germany , Berkeley, CA : University of California Press .
   Google Scholar
• Peter , Gourevitch . 1986 . Politics in Hard Times , Ithaca, NY : Cornell University Press .
   Google Scholar
• Peter , Gourevitch . 1995 . “ After the Cold War in the Pacific region: uncertainties and prospects ” . In United States-Japan Relations and International Institutions after the Cold War , Edited by: Gourevitch , Peter , Inoguchi , Takashi and Purrington , Courtney . La Jolla, CA : Graduate School of International Relations and Pacific Studies .
   Google Scholar
• Steven , Greenhouse . 1994 . U.S. warns Japanese over trade . New York Times , 15 January : 17
   Google Scholar
• Greenspan Alan 1998 Speech to the Annual Convention of Independent Bankers Association of America, 3 March .
   Google Scholar
• Peter , Hall . 1986 . Governing the Economy , Cambridge : Polity Press .
   Google Scholar
• Peter , Hall and Taylor , Rosemary . 1996 . Political science and three new institution-alisms . Political Studies , XLIV : 936 – 57 .
   Google Scholar
• Jeffrey A , Hart and Aseem , Prakash . 1997 . "The decline of embedded liberalism" and the rearticulation of the Keynesian state' . New Political Economy , 2 ( 1 ) : 65 – 79 .
   Google Scholar
• Hatch , Walter and Yamamura , Kuzo . 1996 . Asia in Japan's Embrace: Building a Regional Production Alliance , Cambridge : Cambridge University Press .
   Google Scholar
• International Herald Tribune 1998) 20-21 June, p. 5 .
   Google Scholar
• Shintaro , Ishihara . 1989 . The Japan that Can Say No: Why Japan will be First Among Equals , New York : Simon &Schuster .
   Google Scholar
• Japan Times 1993 Car talks still stall on the setting of targets 21 October, p. 2 .
   Google Scholar
• Chalmers , Johnson . 1982 . MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975 , Stanford, CA : Stanford University Press .
   Google Scholar
• Johnson Chalmers 1995 Intellectual warfare Atlantic Monthly, January , pp. 99-103.
   Google Scholar
• Johnson Chalmers 1999 Economic crisis in East Asia: the clash of capitalisms Cambridge Journal of Economics forthcoming .
   PubMed Web of Science ®Google Scholar
• Miles , Kahler . 1996 . “ Trade and domestic differences’ ” . In National Diversity and Global Capitalism , Edited by: Berger , Suzanne and Dore , Ronald . Ithaca, NY : Cornell University Press .
   Google Scholar
• Peter , Katzenstein . 1978 . Between Power and Plenty , Madison, WI : University of Wisconsin Press .
   Google Scholar
• Peter , Katzenstein . 1985 . Small States in World Markets , Ithaca, NY : Cornell University Press .
   Google Scholar
• Krauss , Ellis S. 1993 . “ U.S.-Japan negotiations on construction and semiconductors (1985-1988) ” . In Double Edged Diplomacy: International Bargaining and Domestic Policies , Edited by: Evans , Peter , Jacobson , Harold K. and Putnam , Robert D. Berkeley, CA : University of California Press .
   Google Scholar
• Martin , Lee . 1998 . Testing Asian values . New York Tunes , 18 January : 17
   Google Scholar
• The Lex Column 1998 Made (and broken) in Japan Financial Times 13 July
   Google Scholar
• Lin Zhanglin and De An Yin 1998 China reaffirming "no-devaluation" vow amid mounting worries China New Digest 11 May .
   Google Scholar
• Lincoln , James R. , Gerlach , Michael L. and Takahashi , Peggy . 1992 . Keiretsu networks in the Japanese economy: a dyad analysis of intercorporate ties . American Sociological Review , 57 ( 5 ) : 561 – 85 .
   Web of Science ®Google Scholar
• Seymour Martin , Lipset . 1959 . Some social requisites of democracy: economic development and political legitimacy . American Political Science Review , 53 ( 1 ) March : 69 – 105 .
   Web of Science ®Google Scholar
• Mandel , Michael J. 1998 . Why America won’t be next . Businessweek , 18 May : 140
   Google Scholar
• Ronald , McKinnon and Keneichi , Ohno . 1998 . The real yen worry’ . Financial Times , 26 June : 14
   Google Scholar
• Ronald , McKinnon , Keneichi , Ohno and Michio , Murumatsu . 1987 . “ The Conservative policy line and the development of patterned pluralism in Japan’ ” . In The Political Economy of Japan, Vol. 1: The Domestic Transformation , Edited by: Yamamura , Kozo and Yasaba , Yasukichi . Stanford, CA : Stanford University Press .
   Google Scholar
• Kristof , Nicholas D. 1998a . Suharto's stealthy foe: globalizing capitalism . New York Times , 20 May : A8
   Google Scholar
• Kristof , Nicholas D. 1998b . Status of elite bureaucrats decline as Japan does . New York Times , 17 April : A1
   Google Scholar
• Kristof , Nicholas D. 1998c . Shops closing, Japan still asks "what crisis?" . New York Times , 21 April : A1
   Google Scholar
• Kuper Simon 1997 Currencies: everyone wants a strong dollar Financial Times 19 September .
   Google Scholar
• Yoh , Kurosawa . 1998 . Reflections on Asia's crisis, Japan's role . The Nikkei Weekly , 25 May : 22
   Google Scholar
• Kuttner Robert 1998 What sank Asia? Money sloshing around the world Businessweek 27 July .
   Google Scholar
• Kynge James and Ridding John 1998 Asian crisis: China calls for Japan to act Financial Times 10 June .
   Google Scholar
• Susan , McKnight . ‘U.S.-Japan Competition in automotive parts: no quick fixes’ . Japan Economic Institute Report No. 15A . 1993 .
   Google Scholar
• Yumiko , Mikanagi . 1996 . Japan's Trade Policy: Action and Reaction? , London : Routledge .
   Google Scholar
• Barrington , Moore . 1966 . Social Origins of Dictatorship and Democracy , Boston, MA : Beacon Press .
   Google Scholar
• Morse, Andrew (1998) ‘FOCUS-Moody's jolts Japan ahead of leadership vote’, 23 July ( http://biz.yahoo.com/finance/980723/japan_rati_3.html). (http://biz.yahoo.com/finance/980723/japan_rati_3.html).)
   Google Scholar
• Mydans Seth 1998 Suharto faults IMF on family principle New York Times 9 March, p. A8 .
   Google Scholar
• New York Times 1994 Japanese chief due in the U.S., faces impasse 10 February, p. A1 .
   Google Scholar
• Noble and Gregory , W. 1989 . “ The Japanese industrial policy debate’ ” . In Moon Pacific Dynamics: The International Politics of Industrial Change , Edited by: Haggard , Stephan and Chung . 53 – 95 . Boulder, CO : Westview Press .
   Google Scholar
• Kenichi , Ohmae . 1990 . The Borderless World , New York : Fontana .
   Google Scholar
• Kenichi , Ohmae . 1995a . The End of the Nation State: The Rise of the Regional Economies , New York : Free Press .
   Google Scholar
• Pollack Andrew 1994a New York Times 31 January, p. C2
   Google Scholar
• Pollack Andrew 1994b U.S. and Japan study private panel on trade New York Times 3 February, p. C8 .
   Google Scholar
• Preston , Lewis T. 1993 . The East Asian Miracle: Economic Growth and Public Policy , VI Washington, DC : International Bank for Reconstruction and Development .
   Google Scholar
• Prestowitz , Clyde V. 1988 . “ Trading Places ” . New York : Basic Books .
   Google Scholar
• Prestowitz , Clyde V. 1989 . Trading Places: How We Are Giving Our Future to Japan and How to Reclaim It , New York : Basic Books .
   Google Scholar
• Prestowitz Clyde V. 1998 Asia's flawed fundamental Fortune Magazine 13 April .
   Google Scholar
• Simon , Reich . 1996 . Manufacturing investments? National variations in the contribution of foreign direct investors to the US manufacturing base in the 1990’s' . Review of International Political Economy , 3 ( 1 ) : 27 – 64 .
   Web of Science ®Google Scholar
• Reid , T. R. and Paul , Blustein . 1993 . Saying no to America: Japan adopting tough new trade position as U.S. does the same thing, fuelling friction . Washington Post , 25 April : A28
   Google Scholar
• Michael , Richardson . 1998 . West snaps up Asian business . International Herald Tribune , 20-21 June : 5
   Google Scholar
• Roach Stephen S. 1998 Asia may pinch us yet New York Times 24 February .
   Google Scholar
• Daniel , Rodrik . 1996 . Has International Economic Integration Gone Too Far? , Washington, DC : Institute for International Economics .
   Google Scholar
• Ruggie , John G. 1995 . At home abroad: international liberalization and domestic stability in the new world economy . Millennium , 24 : 507 – 26 .
   Web of Science ®Google Scholar
• Ruggie , John G. 1996 . Winning the Peace: America and the World Order in the New Era , New York : Columbia University Press .
   Google Scholar
• Rubin Robert 1998 Strengthening global finance Financial Times 16 April .
   Google Scholar
• Jeffrey , Sachs . 1998 . Danger in flogging Japan . Financial Times , 24 April : 20
   Google Scholar
• William , Safire . 1998 . Gravy trains don’t run on time . New York Times , 19 January : A15
   Google Scholar
• Samuels , Richard J. 1987 . The Business of the Japanese State: Energy Markets in Comparative and Historical Perspective , Ithaca, NY : Cornell University Press .
   Google Scholar
• Samuels , Richard J. 1994 . Rich Nation, Strong Army , Ithaca, NY : Cornell University Press .
   Google Scholar
• Samuels , Richard J. 1995b . The Evolving Global Economy: Making Sense of the New World Order , Boston, MA : Harvard Business Press .
   Google Scholar
• Okimoto , Daniel I. 1989 . Between MITI and the Market: Japanese Industrial Policy for High Technology , Stanford, CA : Stanford University Press .
   Google Scholar
• Hugh , Patrick and Henry , Rosovsky . 1976 . Asia's New Giant: How the Japanese Economy Works , Washington, DC : Brookings Institution .
   Google Scholar
• Pauly Louis W . and Reich Simon 1997 National structures and multinational corporate behavior: enduring differences in a globalizing world International Organization (Winter) : 1-30.
   Google Scholar
• Pempel , T. J. 1978 . “ Japanese foreign economic policy: the domestic bases for economic behavior ” . In Between Power and Plenty , Edited by: Katzenstein , Peter J. 139 – 90 . Madison, WI : University of Wisconsin Press .
   Google Scholar
• Pempel , T. J. 1997 . Regime shift: Japanese political economy in a changing world economy . Journal of Japanese Studies , 23 ( 2 ) : 333 – 62 .
   Web of Science ®Google Scholar
• Pempel , T. J. 1998 . “ Regime Shift: Comparative Dynamics of the Japanese Political Economy ” . Ithaca, NY : Cornell University Press .
   Google Scholar
• Sanger , David E. 1997a . Clinton's personal touch in Asian rescue . New York Times , 18 December : C8
   Google Scholar
• Sanger , David E. 1997b . Bashing America for fun and profit . New York Times , 5 October : 1 p. 4
   Google Scholar
• Makoto , Sato . 1998 . Financial realignment picks up speed . The Nikkei Weekly , 8 June : 1
   Google Scholar