In the Eye of the Storm

Rapp, William V.

There is considerable angst today about the US trade deficit and challenges to the US position centers on China. It is notable that many of these issues echo concerns about Japan in the early 1980s. An analytic review of US negotiations with Japan during the critical period from January 1981 through the Plaza Accord in September 1985 offers a useful reminder of unintended consequences, and of how events can evolve within a context of both micro decisions and larger political and economic forces. This is an insider’s view, as the author was Commercial Counselor at the US Embassy in Tokyo from 1983-85.

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More About This Work

Academic Units
Center on Japanese Economy and Business
Center on Japanese Economy and Business, Graduate School of Business, Columbia University
Center on Japanese Economy and Business Working Papers, 355
Published Here
November 4, 2016