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OverviewPresident Nixon’s new economic policy of August 1971, aggravated by the oil problem since October 1973 caused chaos and uncertainty in the international trade and currency system. There were fears of another 1930s style depression. In addition, a world food shortage and strident claims by developing countries for perpetual sovereignty over resources added another set of difficulties. This volume, written from Japan’s standpoint, suggests a new direction for the world and regional economic order. The book tackles two major issues in international economics: Firstly, traditional international trade theory aims only at static maximization in the use of world human and material resources, but, the author stresses more attention should be paid to such dynamic or developmental elements as population growth, immigration, natural resource development, improvement in transfer of technology, economies of scale, direct foreign investment and economic integration in order to create development centres or sectors in the world economy. Secondly, the author discusses how to combine a global and regional approach to economic integration. Full Product DetailsAuthor: Kyoshi KojimaPublisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.380kg ISBN: 9780415845397ISBN 10: 0415845394 Pages: 208 Publication Date: 27 February 2013 Audience: General/trade , College/higher education , Professional and scholarly , General , Tertiary & Higher Education Format: Paperback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of Contents1. Japan in the World Economy 2. Japan and the Multilateral Trade Negotiations 3. A Competitive Bipolar Key Currency 4. The Role of Foreign Direct Investment 5. A Macroeconomic Theory of Foreign Direct Investment 6. The Long-Term Path of the Japanese Economy 7. The Reorganisation of North-South Trade 8. Economic Integration in the Asian-Pacific RegionReviewsAuthor InformationKyoshi Kojima Tab Content 6Author Website:Countries AvailableAll regions |