Japanese Trade Policy toward the Third World



In a sense, virtually all of Japan’s economic policies are trade policies. Japan’s policymakers have understood and single-mindedly pursued the reality that there is a symbiotic relationship between a nation’s economic vitality and its ability to successfully export. Measured by its 1987 trade to GNP ratio of around 8 per cent, it would appear that Japan is second only to the United States in being the least trade dependent of the 18 OECD countries.1 In reality, Japan’s economic growth has been export-led throughout the post-war era, with exports at times comprising as much as 60 per cent of Japan’s economic growth through the late 1980s.2


Trade Policy Foreign Firm Industrial Policy Liberal Democratic Party Japanese Firm 
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Copyright information

© William R. Nester 1992

Authors and Affiliations

  1. 1.St John’s UniversityNew YorkUSA

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