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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Michael who wrote (2452)	3/1/1998 11:47:00 AM
From: Tommaso	Read Replies (1) \| Respond to of 9980

Well, last I heard they still refuse to allow importation of much cheaper rice grown in California, and it is a pervasive complaint among American manufacturers that our goods are prevented from competing in their home market. I suppose that what I mean is that the kind of cultural pride and isolationism that they once practiced may be expressing itself as a refusal to acknowledge the deep troubles in the economy and an unwillingness to take Western-style economic measures. I am trying to understand how an economy can stay bogged down as Japan's has for nearly ten years without there ever being any dramatic measures taken. In the United States we would have had all kinds of plans and programs--for example, what ever happened to our savings and loan mess? Our Latin America loan problems? I don't quite know where they went myself but they seem to be gone because something was done. The Japanese seem to value continuity more than Americans do.