Trading Places: How America Allowed Japan To Take The Lead

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Trading Places How America Allowed Japan To Take The Lead None

  • Title: Trading Places: How America Allowed Japan To Take The Lead
  • Author: Clyde Prestowitz
  • ISBN: 9784805305089
  • Page: 145
  • Format: None
  • 1 thought on “Trading Places: How America Allowed Japan To Take The Lead”

    1. 16 years later, with Japan's economy in the dumper and their economic prospects looking almost as bad as ours, you might be tempted to think that Prestowitz was misguided in some way when he wrote this in 1993. You'd be very wrong. If the US had taken the prescriptions that Prestowitz has been peddling for the past 25 years or so, we would absolutely not be in the mess we're in now. We probably never will be able to implement any of Prestowitz's good ideas because they require long-term sustaine [...]

    2. This book, despite the publishing date, remains relevant today. Prestowitz' analysis of Japanese business culture and related structural issues is poignant. Furthermore, his analysis of American structural trade and economic issues is as well. He was aware of excesses in the Japanese financial system in the 1980's even if he did not see how they would play out over the next decades. Japanese hubris in the late 1980's was peaking and it is interesting to see how that is represented in this book. [...]

    3. Extremely enlightening about what American defines as National Security, and what it sells out to pursue that goal. I still refer to this book even nearly 30 years since I've read it - very relevant today.

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