China-Japan Relationship is a very special bilateral tie in international relations since it＇s a matter of regional peace and stability. The Abe administration has long pursued a ＂bet-hedging＂ strategy towards Chin...China-Japan Relationship is a very special bilateral tie in international relations since it＇s a matter of regional peace and stability. The Abe administration has long pursued a ＂bet-hedging＂ strategy towards China. Although it claims that it attaches great importance to the ties between Japan and China, it pursues ＂Strategic Diplomacy＂ and ＂Value-oriented Diplomacy＂ to hype up the so-called ＂China Threat＂ in international community. It not only makes China-Japan relations to continuously fall into a vicious circle of＂repeated deterioration＂, but also become an uncertainty for peace and stability in East Asia and the regional security. In addition, it reflects the ＂diplomacy dilemma＂ of the Abe administration＇s China policy.展开更多
In 1931, Japan launched the Sept. 18th attack against China. Ever since, there have been many different views over the origin of Japan＇s road toward war, which mostly concern with Japan＇s land policy. This paper hol...In 1931, Japan launched the Sept. 18th attack against China. Ever since, there have been many different views over the origin of Japan＇s road toward war, which mostly concern with Japan＇s land policy. This paper holds that Japan＇s land policy was an evolving one and it transformed along the change of its supporters and implementers during different stages. It is mostly a contention about the different strategies on Manchuria and Mongol; the northward or the southward advance faction; the orientations of the radical military occupation or the moderate economic occupation. Interestingly, the development of Japan＇s postwar policy toward China, especially in the recent years, resembles the evolvement of Japan＇s land policy in the 19th century. They both show tendency from the economic effort to the military activity.展开更多
Japan has suffered from sluggish economic growth and recession since the early 1990s. In this paper, we analyze the causes of the prolonged slowdown of the Japanese economy （the lost decade）. Economies Nobel laureat...Japan has suffered from sluggish economic growth and recession since the early 1990s. In this paper, we analyze the causes of the prolonged slowdown of the Japanese economy （the lost decade）. Economies Nobel laureate Paul Krugman has argued that Japan＇s lost decade is an example of a liquidity trap. However, our empirical analysis shows that stagnation of the Japanese economy comes from its vertical IS curve rather than a horizontal LM curve, so the Japanese economy has been facing structural problems rather than a temporary downturn. The vertical IS curve is caused by an insensitivity of investrnent to a lower interest rate partly because of the decline of sales due to the aging population and firms not wanting to invest. The structural problems come from the aging demographic, which is often neglected by scholars and policy-makers, and also from the allocation of transfers from the central government to local governments, and the unwillingness of Japanese banks to lend money to startup businesses and small and medium enterprises （SMEs）, mainly because of Basel capital requirements. Many countries, like China, are expected to face similar issues, particularly given the aging population. The present paper will address why the Japanese economy has been trapped in a prolonged slowdown and provide some remedies for revitalizing the economy.展开更多
The purpose of this paper is to provide a comprehensive review of Japan＇s agricultural domestic policy since 1995 in the context of the current international negotiations in the WTO Doha Round, which has as one aim f...The purpose of this paper is to provide a comprehensive review of Japan＇s agricultural domestic policy since 1995 in the context of the current international negotiations in the WTO Doha Round, which has as one aim further reductions of trade-distorting support among member countries. Apparently, Japan＇s attitude towards agricultural domestic policy reform is one of compliance with the WTO, which requests member countries to reduce their Aggregate Measure of Support （AMS） through trimming trade-distorting （amber box） support and/or transforming traditional-type agricultural subsidies to decoupled-type ones. Japan reduced its amber box support by nearly 80 percent between 1995 and 2000. This drastic reduction is mainly attributable to Japan＇s removal of rice from the amber box in 1998. In addition, following the WTO＇s principle of decoupling, Japan launched an extensive agricultural subsidy reform in 2007. This paper, however, shows the ironical realities of Japanese agricultural policy. Neither a sharp reduction of amber box support nor Japan＇s 2007 reform necessarily means there will be a reduction of trade-distorting effects. On the contrary, the 2007 reform may in fact stimulate domestic rice production.展开更多
文摘China-Japan Relationship is a very special bilateral tie in international relations since it＇s a matter of regional peace and stability. The Abe administration has long pursued a ＂bet-hedging＂ strategy towards China. Although it claims that it attaches great importance to the ties between Japan and China, it pursues ＂Strategic Diplomacy＂ and ＂Value-oriented Diplomacy＂ to hype up the so-called ＂China Threat＂ in international community. It not only makes China-Japan relations to continuously fall into a vicious circle of＂repeated deterioration＂, but also become an uncertainty for peace and stability in East Asia and the regional security. In addition, it reflects the ＂diplomacy dilemma＂ of the Abe administration＇s China policy.
文摘In 1931, Japan launched the Sept. 18th attack against China. Ever since, there have been many different views over the origin of Japan＇s road toward war, which mostly concern with Japan＇s land policy. This paper holds that Japan＇s land policy was an evolving one and it transformed along the change of its supporters and implementers during different stages. It is mostly a contention about the different strategies on Manchuria and Mongol; the northward or the southward advance faction; the orientations of the radical military occupation or the moderate economic occupation. Interestingly, the development of Japan＇s postwar policy toward China, especially in the recent years, resembles the evolvement of Japan＇s land policy in the 19th century. They both show tendency from the economic effort to the military activity.
文摘Japan has suffered from sluggish economic growth and recession since the early 1990s. In this paper, we analyze the causes of the prolonged slowdown of the Japanese economy （the lost decade）. Economies Nobel laureate Paul Krugman has argued that Japan＇s lost decade is an example of a liquidity trap. However, our empirical analysis shows that stagnation of the Japanese economy comes from its vertical IS curve rather than a horizontal LM curve, so the Japanese economy has been facing structural problems rather than a temporary downturn. The vertical IS curve is caused by an insensitivity of investrnent to a lower interest rate partly because of the decline of sales due to the aging population and firms not wanting to invest. The structural problems come from the aging demographic, which is often neglected by scholars and policy-makers, and also from the allocation of transfers from the central government to local governments, and the unwillingness of Japanese banks to lend money to startup businesses and small and medium enterprises （SMEs）, mainly because of Basel capital requirements. Many countries, like China, are expected to face similar issues, particularly given the aging population. The present paper will address why the Japanese economy has been trapped in a prolonged slowdown and provide some remedies for revitalizing the economy.
文摘The purpose of this paper is to provide a comprehensive review of Japan＇s agricultural domestic policy since 1995 in the context of the current international negotiations in the WTO Doha Round, which has as one aim further reductions of trade-distorting support among member countries. Apparently, Japan＇s attitude towards agricultural domestic policy reform is one of compliance with the WTO, which requests member countries to reduce their Aggregate Measure of Support （AMS） through trimming trade-distorting （amber box） support and/or transforming traditional-type agricultural subsidies to decoupled-type ones. Japan reduced its amber box support by nearly 80 percent between 1995 and 2000. This drastic reduction is mainly attributable to Japan＇s removal of rice from the amber box in 1998. In addition, following the WTO＇s principle of decoupling, Japan launched an extensive agricultural subsidy reform in 2007. This paper, however, shows the ironical realities of Japanese agricultural policy. Neither a sharp reduction of amber box support nor Japan＇s 2007 reform necessarily means there will be a reduction of trade-distorting effects. On the contrary, the 2007 reform may in fact stimulate domestic rice production.
