Japan in the Free World Economy: A Statement on National Policy by the Research and Policy Committee of the Committee for Economic Development

By Keizai Doyukai; United Nations Environment Programme | Go to book overview
J. D. Zellerbach and Yoshizane Iwasa, chairmen of the CED and Keizai Doyukai subcommittees, and Seiichi Yamashita, managing director of Keizai Doyukai, plan the joint discussions of the two organizations' trustees in Tokyo.

FOREWORD

During the past twenty years the Research and Policy Committee of the Committee for Economic Development, in more than sixty Statements on National Policy, has sought ways to help preserve and strengthen our free competitive economy.

We have always believed that if competition is a good rule within nations it is a good rule also among them, that the international exchange of goods and services, no less than exchanges within national borders, benefits from competition.

Japan represents a major exception in the economic relations among the nations of the free world to the use of the rule of international competition. The exception arises in part from discrimination by Japan's trading partners against Japanese products. It arises in part from a high degree of protectionism in Japan. The combination prevents all of us from realizing the maximum gains from economic intercourse among us.

Some of our members visited Japan two years ago, talked with Japanese business and political leaders, and returned with a strong feeling that American business leadership should do what it could to strengthen mutually beneficial economic relations between Japan and

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