United States-Japan Relations and International Institutions After the Cold War
Like most conference volumes, this book is uneven in quality, but it has an impressive density of ideas. Peter Cowhey’s thoughtful discussion of the U.S.-Japanese trade rivalry shows why the countries have different preferences. The United States prefers deeper integration and formal rules, and its major challenge is squaring the bilateralism sometimes required to promote deeper integration with the multilateralism that best reconciles its diverse global interests. Takashi Inoguchi’s insightful essay discusses ‘contrasting conceptions’ of human rights in the Asia-Pacific and the United States. Jitsuo Tsuchiyama skillfully utilizes international relations theory to explain the alliance’s origins and the reasons it is likely to continue.
Related
US hostility against Japan stems not from any specific arguments about the trade deficit, or direct investment, or burden-sharing, but from an national loss of self-confidence about economic competitiveness.
The United States is addicted to dollar devaluation. As a result, America has a false, euphoric sense of progress in its competition with Japan for key markets.
American political and business leaders need to capitalize on a groundswell of democratic and market-opriented reforms underway in this oft-neglected region in the world. "Washington must discard its Cold War approach to relations with south Asia and stop viewing the region primarily in terms of its potential threat to U.S. interests"; a rapidly growing south Asian middle-class is creating one of the "world's most important emerging markets" and bolstering regional stability.

Sign-up for free weekly updates from ForeignAffairs.com.