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The Japanese Edge in Investment: The Financial Side

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The dramatic loss of U.S. international competitiveness in manufacturing industries has been of increasing concern to U.S. policymakers. A particular focus of this concern has been the relative success of Japanese manufacturers. Proposed policy actions to offset the loss have ranged widely, from manipulation of exchange rates, to tax reform, to policies aimed at altering the level of interest rates.

The dramatic loss of U.S. international competitiveness in manufacturing industries has been of increasing concern to U.S. policymakers. A particular focus of this concern has been the relative success of Japanese manufacturers. Proposed policy actions to offset the loss have ranged widely, from manipulation of exchange rates, to tax reform, to policies aimed at altering the level of interest rates.


Suggested citation: Osterberg, William, 1987. "The Japanese Edge in Investment: The Financial Side," Federal Reserve Bank of Cleveland, Economic Commentary, 03.01.1987.

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