In a few years, the United States has gone from worrying about Japan's economic might to worrying about its meltdown. The rise and fall of America's 'results-oriented' trade policy towards Japan captures this turnaround. John Kunkel traces this Japan policy to a crisis in the institutions, laws and norms of the US trade policy regime in the first half of the 1980s. This arose from the erosion of America's post-war international economic dominance (especially vis-à-vis Japan) and the unintended consequences of Reaganomics. The crisis in turn led to the progressive ascendancy of a coalition of 'hardliners' over 'free traders' after 1985. Kunkel combines research in economics, politics and history - including interviews with key policy-makers - to illuminate this important case study of American trade policy. His book offers theoretical insights and practical lessons on the forces shaping US trade policy at the start of the twenty-first century.

"When Bill Clinton was elected president in 1992, he was surrounded by advisors with radical ideas about everything from economic management to health care reform to labor relations to social policy. With the White House and Congress under full Democratic control, a new, more equitable vision of American capitalism seemed possible-even likely. And indeed, over the course of the 1990s, the economy performed remarkably well, real wages rose, and unemployment was at a 25-year low. In a 2001 book, Alan Blinder and Janet Yellen would term it "The Fabulous Decade." And yet today, Clinton's 8 years in office are seen by those on the left as a monumental failure, with these short-term gains achieved thanks to a full-sale capitulation to the neoliberal ideology of the right, which brought with it financial deregulation, privatization of government services, and the growth of class inequalities. In this comprehensive and sweeping political history of the 1990s, Nelson Lichtenstein considers why the Clinton White House ended up embracing neoliberalism so fully, despite the array of other options available-options being championed by those around Clinton, and sometimes even Clinton itself. Exploring the major issues of the time-deficit politics, NAFTA, labor relations, tech regulation, mass incarceration, and more-Lichtenstein reveals an "intellectual history of an economy that wasn't," and explores why neoliberalism was cemented into the US's economic and financial system by the end of Clinton's term in office"--

*Updated edition with a new foreword on the Trump administration's trade policy* The vast benefits promised by the supporters of globalization, and by their own government, have never materialized for many Americans. In Failure to Adjust Edward Alden provides a compelling history of the last four decades of US economic and trade policies that have left too many Americans unable to adapt to or compete in the current global marketplace. He tells the story of what went wrong and how to correct the course. Originally published on the eve of the 2016 presidential election, Alden’s book captured the zeitgeist that would propel Donald J. Trump to the presidency. In a new introduction to the paperback edition, Alden addresses the economic challenges now facing the Trump administration, and warns that economic disruption will continue to be among the most pressing issues facing the United States. If the failure to adjust continues, Alden predicts, the political disruptions of the future will be larger still.

This book presents a comprehensive overview of EU-Japan relations from 1970 to the present. It charts developments over the period, analyses key specific areas of importance to the relationship, and concludes by assessing how the relationship is likely to develop going forward. Throughout, the book discusses the factors on both sides which motivate the relationship, including Japan’s concern to secure markets for its advanced industrial products, and the factors motivating current negotiations for a deeper and more comprehensive economic and cooperative partnership.

In this book, the participants of the thirtieth Pacific Trade and Development Conference debate whether global negotiations have ended once and for all, or are suffering temporarily from ‘globalization fatigue'.