1st Edition

When Giants Converge: Role of US-Japan Direct Investment
Role of US-Japan Direct Investment





ISBN 9781563241154
Published February 28, 1995 by Routledge
232 Pages

USD $52.95

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Book Description

This text presents an analysis of how international direct investment since World War II has played an important role in the process by which industrial countries generate technology and productivity growth. It covers the complex relations between the US and Japan since 1945.

Table of Contents

This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs) for specific purposes, such as college education, homeownership, self-employment and retirement security. In this way, low-income Americans could gain the same opportunities that middle- and upper-income citizens have to plan ahead, set aside savings and invest in a more secure future.

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