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Trading Places: How We Are Giving Our Future To Japan & How To Reclaim It
by
A leading international business expert, former trade negotiator, and lifelong student of Japanese culture shows how America is abdicating its future to Japan and offers some practical solutions for reversing this trend. Selected by Business Week as one of the ten best business books of the year.
Paperback, 592 pages
Published
February 12th 1990
by Basic Books
(first published January 1st 1988)
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Start your review of Trading Places: How We Are Giving Our Future To Japan & How To Reclaim It
16 years later, with Japan's economy in the dumper and their economic prospects looking almost as bad as ours, you might be tempted to think that Prestowitz was misguided in some way when he wrote this in 1993. You'd be very wrong. If the US had taken the prescriptions that Prestowitz has been peddling for the past 25 years or so, we would absolutely not be in the mess we're in now.
We probably never will be able to implement any of Prestowitz's good ideas because they require long-term sustaine ...more
We probably never will be able to implement any of Prestowitz's good ideas because they require long-term sustaine ...more
This book, despite the publishing date, remains relevant today. Prestowitz' analysis of Japanese business culture and related structural issues is poignant. Furthermore, his analysis of American structural trade and economic issues is as well. He was aware of excesses in the Japanese financial system in the 1980's even if he did not see how they would play out over the next decades. Japanese hubris in the late 1980's was peaking and it is interesting to see how that is represented in this book.
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Feb 28, 2014
Rebekah Sheppard
rated it
it was amazing
·
review of another edition
Shelves:
asian-relations
Extremely enlightening about what American defines as National Security, and what it sells out to pursue that goal. I still refer to this book even nearly 30 years since I've read it - very relevant today.
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Clyde Prestowitz (born 1941) is the founder and President of the Economic Strategy Institute. He formerly served as counselor to the Secretary of Commerce in the Reagan Administration. He is a labor economist.
https://en.wikipedia.org/wiki/Clyde_V.... ...more
https://en.wikipedia.org/wiki/Clyde_V.... ...more
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