In a few years, the United States has gone from worrying about Japan's economic might to worrying about its meltdown. The rise and fall of America's 'results-oriented' trade policy towards Japan captures this turnaround.
John Kunkel traces this Japan policy to a crisis in the institutions, laws and norms of the US trade policy regime in the first half of the 1980s. This arose from the erosion of America's post-war international economic dominance (especially vis-à-vis Japan) and the unintended consequences of Reaganomics. The crisis in turn led to the progressive ascendancy of a coalition of 'hardliners' over 'free traders' after 1985.
Kunkel combines research in economics, politics and history - including interviews with key policy-makers - to illuminate this important case study of American trade policy. His book offers theoretical insights and practical lessons on the forces shaping US trade policy at the start of the twenty-first century.
2. Explaing US Trade Policy: A State-Society Approach
3. An American Trade Policy Regime Crisis
4. Hardliners Versus Free Traders
5. The Semiconductor Agreement: A Hardline Landmark
6. Reagan, Bush and Selective Demands for Results
7. The Hardliners Advance
8. Free Traders and Japan's 'Structural Impediments
9. The Revisionist Moment with a Hardliner-in-Chief
10. The Eclipse of the Japan Problem