In This Review
Trade With Japan: Has The Door Opened Wider

Trade With Japan: Has The Door Opened Wider

Edited by Paul Krugman

University of Chicago Press, 1992, 340 pp.

As the editor interprets these conference papers, the quietly positive answer to the title's question seems less important than three other conclusions: "Japan is different"; the differences "contribute to trade tension"; but "there are really efficiency advantages to the Japanese style of business." Though not entirely up to date the essays provide a much more sophisticated analysis of the issues than is common.