Beyond Bilateralism or Geography and Ownership as Bases for Economic Accounting

Beyond Bilateralism: U.S. - Japan Relations in the New East Asia

Author: Ellis S Krauss

“This book provides one of the most detailed explanations of U.S.-Japan relations and clearly presents a new way of understanding U.S.-Japan trade and security relations. The contributors to this volume have done a first-rate job in accounting for the myriads of issues that dominate the geopolitics of U.S.-Japan relations.”—Asian Affairs
“Written at a highly intelligent level, this volume is, overall, one of the most solid and thorough studies of US-Japan relations in the new context in east Asia, with specific policy suggestions for the US.”—Choice

Table of Contents:

	List of Illustrations
	Acknowledgments
	Contributors
1	Challenges to Bilateralism: Changing Foes, Capital Flows, and Complex Forums	1
2	America in East Asia: Power, Markets, and Grand Strategy	37
3	U.S.-Japan Security Relations - Toward Bilateralism Plus?	55
4	Terms of Engagement: The U.S.-Japan Alliance and the Rise of China	87
5	American and Japan Strategies in Asia: Dealing with ASEAN	115
6	Capital Flows and Financial Markets in Asia: National, Regional, or Global?	133
7	When Strong Ties Fail: U.S.-Japanese Manufacturing Rivalry in Asia	154
8	Japan's Counterweight Strategy: U.S.-Japan Cooperation and Competition in International Finance	176
9	Japan and the Evolution of Regional Financial Arrangements in East Asia	198
10	At Play in the Legal Realm: The WTO and the Changing Nature of U.S.-Japan Antidumping Disputes	221
11	Japan, the United States, and Multilateral Institution-Building in the Asia-Pacific: APEC and the ARF	248
12	The United States and Japan in APEC's EVSL Negotiations: Regional Multilateralism and Trade	272
13	Conclusion: Beyond Bilateralism - Toward Divided Dependence	296
	Notes	331
	References	375
	Index	403

Book review: Os Três Mundos de Capitalismo de Prosperidade

Geography and Ownership as Bases for Economic Accounting

Author: Robert E E Baldwin

Geography and Ownership as Bases for Economic Accounting provides a forum for leading specialists in trade and international economics to explore whether changes in the world economy have increased the usefulness of international accounts drawn up on the basis of ownership rather than on geography. The papers in this volume suggest that ownership-based national accounts are helpful in understanding trade and financial transactions among globalized enterprises. Individual chapters emphasize this perspective through accounting exercises, studies of individual countries, and studies of foreign direct investment and its relation to national economies.

This volume gives trade and international economists the data and resources to renew discussion of this timely issue.