ABSTRACT The paper analyzes the emergence of Japan's economic security strategy to address risks weaponized interdependence in a context heightened geopolitical tension. We detail rapid institutionalization measures through adoption an Economic Security Promotion Act and ongoing reforms areas such as foreign direct investment screening export controls. find, however, that Japan has made little headway reducing its dependence on China for critical products, controls have had ambiguous trade...

In the light of importance foreign direct investment (FDI) for promotion economic development, this paper examines impact changes in real exchange rate and its volatility on FDI. Examining Japan's FDI by industries, we found that depreciation currency host country attracted FDI, while high discouraged Our results suggest need to avoid over‐valuation maintain stable but flexible order attract

Abstract This study aims to empirically investigate the role of E-commerce (EC) on trade impacts COVID-19. To this end, we estimate gravity equations for bilateral among 34 reporting countries and their 145 partner during January–August in 2019 2020. Our major findings can be summarized as follows. A larger number confirmed cases or deaths both importing exporting significantly decrease international trade. However, found that EC development contributes mitigating negative effect COVID-19...

What is the role of domestic politics in facilitating or constraining a government's decision to participate free trade agreements ( FTAs )? This paper seeks answer this question by focusing on J apan over T rans‐ P acific artnership A greement TPP ). In particular, we ask why opposition encompasses much broader segment society than predicted theorems. We show that protectionist coalition can emerge through persuasion and policy campaigns elites, powerful interests expending resources...

The United States and Japan have been involved in trade frictions over a number of products including textiles, steel, automobiles, semi‐conductors, agricultural the last 50 years. US–Japan taken basically two forms: (i) attempting to restrict Japan's exports States; (ii) increase its by “opening” Japanese market. By putting pressure on adopt necessary measures, sought achieve main objectives: reduce deficit vis‐à‐vis Japan; protect and/or promote US industries. failed first objective, while...

The paper examines the use of free trade agreements (FTAs) by Japanese firms. FTAs analyzed include Japan's with Mexico, Malaysia and Chile. Based on 1,688 responses to a questionnaire survey conducted in 2008, study finds that utilization rate ranges between 32.9% (Japan-Mexico FTA) 12.2% (Japan-Malaysia FTA). results statistical analysis determinants reveal obstacles using difficulty obtaining certificate origin is required FTA, lack knowledge FTAs, small FTA tariff preference difference...

Using a unique firm-level data set from Asia, this study examines what determined the robustness and resilience of supply chain links, that is, ability maintaining links recovering disrupted by substitution, respectively, when firms faced economic shocks due to spread coronavirus disease (COVID-19). We find link was likely be robust if between foreign-owned firm located in firm's home country, implying homophily on certain dimension generates strong ties thus robustness. also with geographic...

In this article, Professor Shujiro Urata of the School Social Sciences at Waseda University and Research Institute for Economy, Trade Industry, gives an overview various types regional trade agreements (RTAs), examines background to growing trend towards regionalism in 1990s. Focussing on surge free (FTA), he explains why FTAs have become more popular than multilateral liberalization under WTO. He describes different characteristics RTAs, economic effects including static dynamic effects,...

India's outward foreign direct investment (FDI) began to increase notably in the 21st century. The pace of accelerated sharply 2005 and its trend has been continuing. A number Indian companies, including Tata Steel Motors, have become global corporate players by effectively utilizing FDI. Outward FDI world was dominated companies from developed countries until recently, developing such as India is a rather new development. In light paucity studies on mainly because relatively short history,...

Abstract This paper examines the impacts of regional trade agreements ( RTA s) on flows at product level, with a particular focus creation and diversion. Based estimation gravity equation, dealing zero endogeneity bias problems, we analyse various types s involving 67 countries for 20 products during 1980–2006 period. We find that among developing tend to cause diversion compared developed countries. Taking higher external tariff rates into consideration, our results suggest is likely be...

The withdrawal of the United States from Trans-Pacific Partnership (TPP) in early 2017 led remaining 11 countries that trade and investment agreement to explore alternative ways sustain economic integration Asia-Pacific region. This Working Paper shows that, without States, these can achieve significant gains high-quality, TPP-like agreements among themselves what might have be a less rigorous but wider separate, 16-member Asian negotiation, Regional Comprehensive Economic (RCEP). Either...