With a shift since 1985 toward higher yen value, the issue of the overseas-domestic price gap has come under sharp focus. The prices of goods, which should fall due to the rising value of the yen, do not in fact fall. With regard to certain brand items from overseas, exorbitant prices are...

This paper deals with the role of human development and technology in trade in services, the significance of trade in services, and the importance of investment in human resource development. It also outlines the requirements for promoting personnel training and the need for advanced technology....

The authors examine how Japan's public and private sectors support small and medium-size enterprises (SMEs). They focus on technical, financial, and marketing assistance. Their findings are based on a survey of 107 firms; 40 that produce silverware, 33 engaged in synthetic textile weaving, and...

In this paper we review the role of monetary policy for a country facing deflationary pressure based on the recent experience of the Japanese economy. We discuss economic background of inflation policy in Japan and analyze the impacts of the policy. Japanese economy is in a liquidity trap now....