America's Trade Policy Towards Japan: Demanding Results by John Kunkel

Author:John Kunkel [Kunkel, John]
Language: eng
Format: epub
Tags: Political Science, General
ISBN: 9781134427949
Google: fdiCAgAAQBAJ
Goodreads: 17488761
Publisher: Routledge
Published: 2002-12-12T00:00:00+00:00

The industry, and hence their elected representatives, felt very keenly that that number was significant. And I said: ‘Look, I think you’re going down the wrong road for three reasons. I don’t like numerical targets, but particularly with Japan. One, it is going to cause MITI to be more involved because they’ll have to monitor. In my opinion we want to get MITI out of the picture and get industry in. Second, if ever there was a country which did not need encouragement to cartelisation it is Japan. Once you say you have to share this percentage opening you get yourself backed into a non-defensible economic position. And third, it sells us short.’ I asked: ‘Why in the world are you people willing to settle for 20 per cent when you have a 56 per cent market share in head-to-head competition in Europe?’

But they wanted the 20 per cent, so in negotiating the agreement we put the 20 per cent in, but with the words that this 20 per cent is neither a floor nor a ceiling nor a guaranteed share, which was not in the other agreement…Anyway, I recoiled from it, but politically I put it in with that proviso.34

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.