Economic Internationalization or Nationalism?

Abstract

Although Japan will clearly never achieve any significant psychological or social internationalization, there is a possibility that it may eventually realize a relatively significant political and economic internationalization. But to do so, Tokyo must abandon the neo-mercantilist policies that have brought the country such tremendous wealth and power, and instead convert Japan into a liberal superpower with extensive responsibility for maintaining the world economy, much as Britain and the United States did during their respective heydays as hegemons.