Economic Internationalization or Nationalism?
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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.
KeywordsTrade Barrier Foreign Worker Japanese Firm Export Subsidy Trade Surplus
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