CIS Microfiche Library 1970-2002 (CIS Asia Pacific Collection)

 CIS NO: 92-J841-29
 TITLE: Japan's Economic Challenge.
 SOURCE: Committee on Economic. Joint
 DOC TYPE: Hearing                   COLLATION: iii+316 p. il.
 DATE: Oct. 16, 18, Dec. 4, 6, 1990
 CONGRESS-SESSION: 101-2             SUDOC: Y4.Ec7:J27/17
 ITEM NO: 1000-B; 1000-C             PUB NO: S.Hrg.101-1291
 MC ENTRY NO: 93-8250

 Hearings to examine Japanese economic performance and the challenge it
 poses to U.S. international trade competitiveness.
   Supplementary material (p. 197-232) includes a submitted statement and:
 -- Norsworthy, John R. (Rensselaer Polytechnic Inst), "Why U.S.
     Manufacturers are at a Competitive Disadvantage: A Comparison of the
     Cost of Capital, Investment, and Productivity in the U.S. and Japan"
     prepared for the Manufacturers' Alliance for Productivity and
     Innovation, Nov. 1990 (p. 197-230).
 CONTENT NOTATION: Japan economic performance and challenge to US economy
 DESCRIPTORS (and special content notations): JAPAN (Economic performance
     and challenge to US economy); ECONOMIC.POLICY; COMPETITION;
     FOREIGN.TRADE; MANUFACTURERS' ALLIANCE FOR PRODUCTIVITY AND
     INNOVATION ("Why U.S. Manufacturers are at a Competitive Disadvantage:
     A Comparison of the Cost of Capital, Investment, and Productivity in the
     U.S. and Japan"); CAPITAL FORMATION ("Why U.S. Manufacturers are at a
     Competitive Disadvantage: A Comparison of the Cost of Capital,
     Investment, and Productivity in the U.S. and Japan"); INVESTMENTS
     ("Why U.S. Manufacturers are at a Competitive Disadvantage: A Comparison
     of the Cost of Capital, Investment, and Productivity in the U.S. and
     Japan"); INDUSTRIAL PRODUCTIVITY ("Why U.S. Manufacturers are at a
     Competitive Disadvantage: A Comparison of the Cost of Capital,
     Investment, and Productivity in the U.S. and Japan");
     FOREIGN.CORPORATIONS

 92-J841-29 TESTIMONY NO: 1         Oct. 16, 1990 p. 3-92
 WITNESSES (and witness notations):
     NANTO, RICHARD K. (Specialist, Industry and Trade, Economic Division,
        CRS)
     GENTHER, PHYLLIS A. (Director, Japan Technology Program, Office of
        Technology Policy, Department of Commerce)
     DORE, RONALD J. (Adjunct Professor, Department of Political Science,
        MIT)
 STATEMENTS AND DISCUSSION: Explanation of Japanese keiretsu system of
     rigidly structured manufacturer and supplier relationships that tend to
     exclude market participation by outside competitors; background on
     Japanese Government-business relations, focusing on industrial policy
     development and promotion of new technologies.
       Merits of Japanese educational and job training systems, citing high
     quality of Japanese labor force; overview of Japanese economy strengths
     and competitive challenges to U.S.
 INSERTIONS: 
     a. Nanto, D. K. (CRS), "Japan's Industrial Groups, the Keiretsu" (p.
        21-35).
     b. Genther, P. A. (Office of Technology Policy), "Japanese
        Government-Business Relations" (p. 44-56).
 CONTENT NOTATION: Japan economic performance and challenge to US economy
 DESCRIPTORS: CONGRESSIONAL RESEARCH SERVICE; ECONOMIC.CONCENTRATION;
     GOVERNMENT.AND.BUSINESS; TECHNOLOGICAL INNOVATIONS; EDUCATION;
     MANPOWER TRAINING PROGRAMS; LABOR

 92-J841-29 TESTIMONY NO: 2         Oct. 18, 1990 p. 95-139
 WITNESSES (and witness notations):
     COOPER, WILLIAM H. (Specialist, International Trade and Finance,
        Economic Division, CRS)
     LINCOLN, EDWARD J. (Senior Fellow, Foreign Policy, Brookings
        Institution)
     WOLFF, ALAN W. (former General Counsel, Office of the U.S. Trade
        Representative)
 STATEMENTS AND DISCUSSION: Overview of Japan-U.S. economic and trade
     relations; analyses of Japanese foreign trade policies, citing their
     viewed protectionist nature; review of U.S. trade deficit with Japan;
     views and recommendations regarding various negotiations to open
     Japanese markets to more U.S. products.
 CONTENT NOTATION: Japan economic performance and challenge to US economy
 DESCRIPTORS: CONGRESSIONAL RESEARCH SERVICE; FOREIGN.ECONOMIC.RELATIONS;
     IMPORT RESTRICTIONS; BALANCE OF TRADE; NEGOTIATIONS

 92-J841-29 TESTIMONY NO: 3         Dec. 4, 1990 p. 142-196
 WITNESSES (and witness notations):
     SMITKA, MICHAEL J. (Assistant Professor, Economics, Washington and Lee
        University)
     PROCASSINI, ANDREW A. (President, Semiconductor Industry Association)
     CHRISTELOW, DOROTHY B. (consultant)
 STATEMENTS AND DISCUSSION: Status of and outlook for U.S. automobile and
     semiconductor industries competition with Japan (related tables and
     graphs, p. 159-168), with recommendations for trade policy; review and
     merits of joint ventures between U.S. and Japanese manufacturers, with
     examples and recommendations; comparison of U.S. and Japanese
     industries' operating environments and competitive stature.
 CONTENT NOTATION: Japan economic performance and challenge to US economy
 DESCRIPTORS: AUTOMOBILES AND AUTOMOBILE INDUSTRY; SEMICONDUCTORS;
     STATISTICAL DATA: FOREIGN TRADE; STATISTICAL DATA: INDUSTRY AND
     COMMERCE; SEMICONDUCTOR INDUSTRY ASSOCIATION

 92-J841-29 TESTIMONY NO: 4         Dec. 6, 1990 p. 234-316
 WITNESSES (and witness notations):
     HARRIS, MARTHA C. (Director, Office of Japan Affairs, National
        Research Council)
     FINAN, WILLIAM F. (Principal, Technecon Analytical Research)
     FLAMM, KENNETH S. (Senior Fellow, Brookings Institution)
 STATEMENTS AND DISCUSSION: Comparison of U.S. and Japanese public and
     private structures for technology R&D and commercialization;
     recommendations for increasing U.S. access to Japanese technology R&D;
     role of Japan Ministry of International Trade and Industry in targeting
     new technologies for development and commercialization, including
     semiconductors.
       Importance of maintaining U.S. industries' technological
     competitiveness, with recommendations.
 INSERTION: 
     -- Flamm, K. (Brookings Instn), "Policy and Politics in the
        International Semiconductor Industry" seminar presentation, with
        graphs, Jan. 16, 1989 (p. 257-291).
 CONTENT NOTATION: Japan economic performance and challenge to US economy
 DESCRIPTORS (and special content notations): TECHNOLOGICAL INNOVATIONS;
     TECHNOLOGY TRANSFER; GOVERNMENT.AND.BUSINESS; STATISTICAL DATA:
     FOREIGN TRADE ("Policy and Politics in the International Semiconductor
     Industry"); STATISTICAL DATA: INDUSTRY AND COMMERCE ("Policy and
     Politics in the International Semiconductor Industry"); SEMICONDUCTORS;
     JAPAN MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY