Menu Expand

Cite BOOK

Style

Dams, T., Matsugi, T. (Eds.) (1991). Protectionism or Liberalism in International Economic Relations?. Current Issues in Japan and Germany. Duncker & Humblot. https://doi.org/10.3790/978-3-428-47105-8
Dams, Theodor and Matsugi, Takashi. Protectionism or Liberalism in International Economic Relations?: Current Issues in Japan and Germany. Duncker & Humblot, 1991. Book. https://doi.org/10.3790/978-3-428-47105-8
Dams, T, Matsugi, T (eds.) (1991): Protectionism or Liberalism in International Economic Relations?: Current Issues in Japan and Germany, Duncker & Humblot, [online] https://doi.org/10.3790/978-3-428-47105-8

Format

Protectionism or Liberalism in International Economic Relations?

Current Issues in Japan and Germany

Editors: Dams, Theodor | Matsugi, Takashi

Schriften zu Regional- und Verkehrsproblemen in Industrie- und Entwicklungsländern, Vol. 50

(1991)

Additional Information

Book Details

Pricing

Table of Contents

Section Title Page Action Price
Editors’ Foreword 5
Table of Contents 7
Oliver Landmann: Is there a Macroeconomic Case for Protection? 9
1. Introduction: The rise of protectionism 9
2. International competitiveness and the balance of trade in the medium term 13
3. Short-run effects of commercial policy under flexible exchange rates 19
4. Summary and conclusions 27
References 30
Takashi Matsugi: The Industrial Policy of Japan 33
1. Introduction 33
2. A brief survey of Japanese industrial policy in 1960-1980 33
2.1. Active investments in plant and equipment in the time of rapid economic growth 34
2.2. Pollution as a price for economic growth 35
2.3. Energy saving efforts after the oil shock in 1973 35
3. The recent policy stance of MITI 36
4. Import promotion and related problems 39
4.1. Changing roles of trade in Japanese economic development 39
4.2. The changing paradigm of trade 42
5. Agricultural policy up to the year 2000 43
5.1. Re-view of agricultural policy up to 1980 43
5.2. Basic direction of agricultural policies in the 1980s 44
5.3. Basic direction of agricultural policies towards the 21st century 45
6. Concluding remarks 46
References 47
Masanao Itoh: The Abandonment of the Gold Standard and Foreign Exchange / Tariff Policy – The Economic Lessons of the Great Depression in the Case of Japan – 49
1. Preface 49
2. The impact of the economic crisis (1930-31) in Japan 49
3. Rapid recovery from the crisis 51
4. The effect of economic policies on the recovery 52
4.1. Foreign exchange policy 52
4.2. Tariff policy 53
4.3. Financial/monetary policy 54
References 55
Ryuhei Okumura: Real and Monetary Shocks in a Dynamic Two-Country Model 67
1. lntroduction 67
2. The model 68
2.1. The framework of the model 68
2.2. Households 69
2.3. Government 71
2.4. Market equilibrium 72
3. Analysis 73
3.1. Solution of the utility maximization problem 73
3.2. The stationary state 75
3.3. Effects of real and monetary shocks 76
3.4. Capital flows and international indebtedness 79
4. Concluding remarks 81
Appendix 82
a) Monetary shock 82
b) Real shock 83
Literature 84
Alois Oberhauser: International Capital Movements and Distribution of Income 89
1. Problem 89
2. Factors determining international capital movement 90
3. Types of distributional effects 91
4. Distributional effects of net capital exports with given terms of trade 93
5. Distributional effects of changing terms of trade 97
6. Returns from foreign wealth and domestic distribution of income 101
7. Results and distributional conclusions 103
References 105
Bernd Rohwer: International Competition among Tax Systems? The Significance of Corporate Taxation for International Investment Decisions 107
1. Preface 107
2. Comparison of corporate taxation in selected industrial countries 108
2.1. Basic problems 108
2.2. Empirical findings for selected industrial nations 108
3. Factors influencing the choice of location of international direct investments 113
4. Results and conclusions 123
References 124
Tsuyoshi Kanegae: Segregation between Long-term and Short-term Finance – A Topic Concerning Financial Liberalization in Japan – 127
1. lntroduction 127
2. Historical background of the segregation system - An analysis of the traditional system of specialized financial institutions in Japan 129
2.1. The establishment of \"special banks\" for long-term credit 129
2.2. The system of the long-term credit banks 130
3. Theoretical background of the segregation system - \"Commercial banking principle\" - 131
4. Brief overview of the systems in western developed countries 132
4.1. Italy 133
4.2. France 133
4.3. England 134
4.4. West Germany 134
4.5. The United States 135
5. Present situation of the segregation system in Japan - The problems in the banking practices 135
5.1. The increased similarity of the two types of banks 136
5.2. The imbalance between the terms of sources and uses of funds 137
6. Controversies on the merits and demerits of the segregation system - Discussions at the Committee on Financial System Research 137
6.1. Background factors of the controversies 137
6.2. The reports of the Committee of Financial System Research 138
6.3. Opinions of the ordinary banks and the LTCBs 140
7. Prospects of the segregation system in search of a better system for the national economy (conclusions) 141
7.1. The summary of the study 141
7.2. Conclusions 142
References 144
Theodor Dams: On the Connection Between Economy and Ecology in International Economic Relations 145
1. The old issue of welfare economics 145
2. The new dimension in the ecological issue 146
3. Classification of external effects 146
4. Ecological aspects of international trade in goods and services 148
5. World-wide industrialization and ecological impact 149
6. International trade in agricultural products 150
7. International movements of capital with respect to ecological aspects 151
8. Ecological impact of development projects 152
9. Public goods within the frame of international economic relations 152
10. Resource exhaustion from an international viewpoint 153
11. Concluding remarks 153
References 155
Yuko Arayama: Rate of Protection and Returns to Farm Work: Dynamic Aspects of Price Support Policies 159
1. Introduction 159
2. Theoretical framework 160
3. Cost of production 165
4. Protection and rate of return to farm work 166
5. Protectionism or liberalization 169
References 170
Wolfgang Hilke: Financial Assistance Available for Setting up Business in the Federal Republic of Germany 171
1. Introduction 171
2. General terms and conditions for granting financial aid 172
3. Credits available for setting up in business 174
3.1. Federal ERP /und (\"Start-Up Program\") 174
3.2. Supplementary Program I of the Deutsche Ausgleichsbank (DAB) 176
3.3. Landeskreditbank (Regional State Credit Bank, LKB program 1) 177
4. Equity assistances for setting-up 179
4.1. Equity assistance loans, DAB 179
4.2. Participation capital from capital participation companies 184
5. Non-repayable subsidies for new businesses 186
6. Cumulation possibilities 189
References 189
Eiji Ogawa: The Governmental Policy of Small and Medium-sized Enterprises in Japan 191
1. A short history of the SMEs (small and medium-sized enterprises) policy of Japan 191
2. Internationalization and Japanese SMEs 193
3. The governmental policy for the SMEs engaging in textile production 195
4. Outlines of the current policy for SMEs 197
5. Summary 198
References 199
Ralf-Bodo Schmidt: Planning Efficiency as a Basis of Entrepreneurial Decisions – Common Elements in the Light of Divergent Economic Policy 201
1. The thesis 201
2. Fundamental terms 201
3. lmportant details 202
4. Conclusions 206
Tamiki Kishida: Paradox and Organization – Liberalism and Conservatism in Organization – 207
1. Introduction 207
2. Ambivalence in organization 209
3. Paradox and organization design 214
4. Paradox and organizational change 216
4.1. Framework 216
4.2. Behavior-structure paradox 217
a) Comparative analysis 217
b) Relational analysis 218
c) Dynamic analysis 218
d) Conceptual analysis 219
4.3. lnternal-external paradox 219
a) Comparative analysis 219
b) Relational analysis 220
c) Dynamic analysis 220
d) Conceptual analysis 220
4.4. Stability-instability paradox 221
a) Comparative analysis 221
b) Relational analysis 221
c) Dynamic analysis 221
d) Conceptual analysis 221
5. Concluding remarks 222
References 224
Contributors 225