Publication:
U.S.-Japan and U.S.-China Trade Conflict : Export Growth, Reciprocity, and the International Trading System

dc.contributor.authorMcCulloch, Rachel
dc.contributor.authorBown, Chad P.
dc.date.accessioned2012-03-19T19:13:36Z
dc.date.available2012-03-19T19:13:36Z
dc.date.issued2009-10-01
dc.description.abstractFirst Japan and more recently China have pursued export-oriented growth strategies. While other Asian countries have done likewise, Japan and China are of particular interest because their economies are so large and the size of the associated bilateral trade imbalances with the United States so conspicuous. In this paper the authors focus on U.S. efforts to restore the reciprocal GATT/WTO market-access bargain in the face of such large imbalances and the significant spillovers to the international trading system. The paper highlights similarities and differences in the two cases. The authors describe U.S. attempts to reduce the bilateral imbalances through targeted trade policies intended to slow growth of U.S. imports from these countries or increase growth of U.S. exports to them. They then examine how these trade policy responses, as well as U.S. efforts to address what were perceived as underlying causes of the imbalances, influenced the evolution of the international trading system. Finally, the authors compare the macroeconomic conditions associated with the bilateral trade imbalances and their implications for the conclusions of the two episodes.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091104151827
dc.identifier.doi10.1596/1813-9450-5102
dc.identifier.urihttps://hdl.handle.net/10986/4303
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5102
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBILATERAL TRADE IMBALANCES
dc.subjectEXPORT-ORIENTED GROWTH STRATEGIES
dc.subjectGATT/WTO
dc.subjectGENERAL AGREEMENT ON TARIFFS AND TRADE/WORLD TRADE ORGANIZATION
dc.subjectINTERNATIONAL TRADING SYSTEM
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMARKET-ACCESS BARGAIN
dc.titleU.S.-Japan and U.S.-China Trade Conflict : Export Growth, Reciprocity, and the International Trading Systemen
dspace.entity.typePublication
okr.crossref.titleU.S.-Japan And U.S.-China Trade Conflict : Export Growth, Reciprocity, And The International Trading System
okr.date.doiregistration2025-04-10T12:00:39.167523Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091104151827
okr.guid568231468285062187
okr.identifier.doi10.1596/1813-9450-5102
okr.identifier.externaldocumentum000158349_20091104151827
okr.identifier.internaldocumentum11308699
okr.identifier.reportWPS5102
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/11/04/000158349_20091104151827/Rendered/PDF/WPS5102.pdfen
okr.region.countryChina
okr.region.countryUnited States
okr.region.countryJapan
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isAuthorOfPublication43c30b7b-e371-51e8-a4ad-3c2c7db7fe4d
relation.isAuthorOfPublication.latestForDiscovery43c30b7b-e371-51e8-a4ad-3c2c7db7fe4d
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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