Aggressive Legalism: The Rules of the WTO and Japan's Emerging Trade Strategy

Article Abstract:

In major trade disputes which have ended up before the World Trade Organization, Japan had not prevailed against other countries because its defence used only social arguments for fear of exposing its visible trade barriers and restrictive practices to legal scrutiny. Now, Japan has a new strategy which can be best characterised as 'aggressive legalism' in challenging and successfully thwarting its trade partners in similar disputes.

United States, Cases, International trade, World Trade Organization, Pacific settlement of international disputes, Peace negotiations

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What Can Countries Do to Avoid a Financial Crisis

Article Abstract:

Financial crises have been attributed to many causes such as financial panic, poor fundamentals, structural weaknesses or misguided macroeconomic policies. The author, however, attributes a crisis to two basic ingredients, namely, intrinsic volatility of exchange rates, and, peculiarities of financial markets.

Legislative Bodies, Finance, Research, Case studies, Foreign investments, Prices and rates, Influence, Foreign exchange rates, Financial markets, Economic stagnation, Depressions, Economic depressions

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The foreign exchange origins of Japan's economic slump and low interest liquidity trap

Article Abstract:

In order to keep Japan's exchange rates at a target, its monetary policy must stabilize the yen.. Increasing interest rates or controlling bank policies might reduce or increase money demand. Japan must insert or remove base money in order to anchor the exchange rate.

Economic Views, Statistical Data Included, Analysis, Economic aspects, Economic policy, Liquidity (Finance), Interest, Interest (Finance)

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