Government, International Trade, and Laissez-Faire Capitalism: Canada, Australia, and New Zealand's Relations with JapanMcGill-Queen's Press - MQUP, 2002 - 260 pages Two of the biggest issues facing nation states in the twenty-first century are the role of government in the management of national economies, and the cultivation of international trade and investment in an age of globalisation. In Government, International Trade, and Laissez-Faire Capitalism Carin Holroyd offers a comprehensive comparison of Australian, Canadian, and New Zealand policies and strategies aimed at improving economic relations with Japan, the world's second largest economy. She illustrates negative consequences that result when governments withdraw from trade promotion and leave the development of commercial opportunities to the private sector.Holroyd focuses on how Australia, Canada, and New Zealand responded to the dramatic changes in the Japanese economy that followed the 1985 Plaza Accord and currency reforms. She examines trade promotional activities, efforts to co-ordinate business responses to the Japanese market, and the cultivation of Japanese investment, indicating how new paradigms of state involvement in the economy influenced international trading activity. Holroyd demonstrates that rather than responding proactively to changing conditions and new opportunities, the national business sectors stayed with traditional patterns of trade and investment, losing significantly in market share and export opportunities as a consequence. |
Contents
Japans Dominions | 3 |
An Intellectual | 15 |
Patterns of Japans Trade and Investment with Canada | 40 |
Japans Economic Transition after 1985 | 66 |
CanadaJapan Commercial | 85 |
New ZealandJapan | 111 |
AustraliaJapan Commercial | 136 |
Comparisons and Analysis | 158 |
Conclusions and Future Prospects | 183 |
Japans Dominions and International Trade at Centurys | 196 |
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Government, International Trade, and Laissez-Faire Capitalism: Canada ... Carin L. Holroyd No preview available - 2002 |
Common terms and phrases
agreement approach Asia Asian Austrade Australia-Japan Australian exports Australian government began business community Canadian Canadian exports capital changes coal Commodity competitive corporations country's cultural decline DFAIT domestic dramatic embassy ernment exports to Japan federal foreign direct investment foreign investment free market free trade future global growth high technology Ibid increased industrial policy initiatives International Monetary Fund international trade investment promotion investors Japanese companies Japanese economy Japanese imports Japanese investment Japanese market Klaus Pringsheim Labour major manufacturing ment MFAT Michael Porter million national economies national governments neo-classical nomic opportunities overseas Pacific Plaza Accord political potential private sector programs responsibility Roger Peren role sogo shosha Statistics Canada strategy Team Canada three countries tion Tokyo trade and investment trade policy trade with Japan Tradenz trading partner trading relationships tralia United value-added Zealand Business Zealand Business Roundtable Zealand Trade