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Clyde Prestowitz wrote a new diary post: Dueling Free Trade Agreements
Originally posted on Clyde V. Prestowitz on Trade Are Free Trade Agreements (FTAs) really about free trade or are they just war by other means? The 14th round of negotiations for the Trans Pacific Partnership (TPP) was launched last week in the Virginia suburbs of Washington D.C. If concluded, the deal would establish what it calls “free trade” [...] -
Clyde Prestowitz wrote a new diary post: Facing the Truth About Trade
Crossposted from Clyde V. Prestowitz on Trade In October 2010, the EU and South Korea celebrated conclusion of a bilateral Free Trade Agreement between themselves. This was widely hailed as another major step along the way to complete globalization, and American policy makers hurried to avoid losing out on trade goodies by quickly negotiating a similar deal [...] -
Clyde Prestowitz wrote a new diary post: It Really Is the Jobs
Crossposted from Clyde V. Prestowitz on Trade Most leading economists argue that the U.S. economy is suffering from weakness of demand. This has long been Paul Krugman ‘s theme. Joe Stiglitz along with many other well known names seem to agree. I myself do certainly believe that if billionaires from outer space suddenly appeared and began to buy lots of [...] -
Clyde Prestowitz wrote a new diary post: Euroland Should Invade Germany
Crossposted from Clyde V. Prestowitz on Trade As the fateful month of August approaches in Europe, the time has come for the countries of Euroland to consider reversing the procedure and timetable of World War I. That is to say, that France, Italy, Spain, and all rest of the Euro-15 should plan to invade and occupy Germany. [...] -
Clyde Prestowitz wrote a new diary post: Back to Japan’s Future
Crossposted from Clyde V. Prestowitz on Trade . As one of Washington’s leading trade negotiators during the 1980s period of intense U.S.-Japan economic friction, I was sometimes labeled a “Japan basher” because of my analysis of how Japan’s industrial policies were distorting global trade and undermining key U.S. industries. After recently attending several conferences in Tokyo and interviewing [...] -
Clyde Prestowitz wrote a new diary post: Whatever Japan can do, the Koreans can do better
Reprinted from Clyde V. Prestowitz on Trade In 1979, Harvard professor Ezra Vogel’s book Japan As Number One became a runaway best seller in both Japan and the United States. After a swing through Asia the past two weeks, it’s clear to me that Ezra needs to do a rewrite with a new title: Korea as Number One. [...] -
Clyde Prestowitz wrote a new diary post: Say it again: It’s the trade deficit, stupid
Crossposted from Clyde V. Prestowitz on Trade The latest uptick in the unemployment rate is bad news for the U.S. economy and really bad news for Barack Obama’s reelection prospects. But maybe this will realert him to the fact that it’s still “the economy, stupid” and that the name of the game always should have been and remains [...]
