TITLE

A rising yen and falling hopes

AUTHOR(S)
Butler, Steven
PUB. DATE
February 1994
SOURCE
U.S. News & World Report;2/28/94, Vol. 116 Issue 8, p22
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Discusses how the Japanese yen soared by nearly 6% in response to rising trade tension and Japan's stubborn trade surplus. How the high yen raises the prices of Japanese exports and further chills an economy already deep in recession; Calls for the Japanese government to trim the power of entrenched bureaucrats, deregulate the economy and open Japan's markets; Prime Minister Morihiro Hosokawa's squabbling coalition government which remains paralyzed.
ACCESSION #
9402237563

 

Related Articles

  • Japan Inc. R.I.P. Powell, Bill // Newsweek;12/13/1993, Vol. 122 Issue 24, p48 

    Examines the Japanese economy and asserts that American business now has the upper hand but don't count the Japanese out just yet. The Nikkei roller coaster since 1985; The collapse of Japan's `bubble economy'; How American companies have become more competitive; Predictions on Japanese...

  • Improving market access. Hosokawa, Morihiro // Presidents & Prime Ministers;Nov/Dec93, Vol. 2 Issue 6, p33 

    Contains an excerpt from a policy speech by Japanese Prime Minister Morihiro Hosokawa to the 127th session of the National Diet in Tokyo, Japan on August 23, 1994. Expanded domestic demand; Reduction of current account surplus.

  • With friends like these. Butler, Steven; Impoco, Jim // U.S. News & World Report;2/14/94, Vol. 116 Issue 6, p30 

    Discusses how Japan's Prime Minister Morihiro Hosokawa and other Japanese reformers are under fire from America and their own allies. Hosokawa's political troubles which are complicating the Clinton administration's efforts to pry open Japan's markets to American exporters; Japan's sinking...

  • Hot Spots: Japan. Belcsak, Hans P. // Business Credit;Jan2001, Vol. 103 Issue 1, p58 

    Provides an overview on the economic status of Japan. Factors attributed to growth in business activity; expansion rate of real gross domestic product; Private consumption from April to June 2000.

  • Chapter III: Economic Overview.  // Japan Country Review;2000, p27 

    Presents an overview of the economic conditions in Japan, including gross domestic products, key economic indicators, macroeconomic activity, employment by sector, finance and monetary policy, inflation, foreign exchange and trade balance.

  • Chapter IV: Corporate/Enterprise Sector.  // Japan Country Review;2000, p66 

    Presents an overview of the corporate and enterprises sector in Japan, including foreign investments, taxation, key enterprises and the stock market.

  • Six Modern Myths of Japan and The Truths Which Lie Within. Herbig, Paul; Milam, Robert // American Business Review;May94, Vol. 12 Issue 2, p30 

    Discusses several myths behind Japan's economic success. Innovation capability of Japanese; Democratic polity of Japan; Productivity in the manufacturing sector.

  • Karate or just kabuki? Levinson, Marc; Alter, Jonathan // Newsweek;2/28/1994, Vol. 123 Issue 9, p64 

    Presents two views of the tense standoff between President Bill Clinton and Japanese Prime Minister Morihiro Hosokawa over trade talks. How the two countries got caught up in a battle neither wishes to fight; Why the failed talks were a positive step toward normalizing relations; US trade...

  • The next step on Japan trade. Cerio, Gregory; Howard, Lucy // Newsweek;2/21/1994, Vol. 123 Issue 8, p4 

    Reports on the trade talks impasse that developed last week between Japanese Prime Minister Morihiro Hosokawa and United States President Bill Clinton. Clinton's comment that no agreement is better than `an empty agreement'; The $60 billion US trade deficit; What Clinton will do next.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics