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Yes, It Should; Japan's Free Trade Dilemma
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 401 no. 8757 (Oct. 2011)
,
page 33.
Topik:
Agriculture
;
Trade Development
;
Free Trade
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.68
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Japan is involved in talks to forge the Trans-Pacific Partnership (TPP) that America's president, Barack Obama, and the leaders of eight other countries are keen to promote at an Asia-Pacific trade bash, APEC, in Honolulu on November 12th-13th. A powerful incentive for Japan to take part is to make its farm sector, which contributes just 1% to GDP, more competitive. A tariff on rice imports of nearly 800% and subsidies underpinning the rice price keep old farmers in the game and hold back on land consolidation. Participation in the TPP would join the world's largest economy, America, with the third-largest. That might be the cornerstone for an even bigger free-trade area eventually including China, the world's second-biggest economy. That is why John Roos, America's ambassador in Tokyo, says Japan's involvement would be a "game-changer". But it would also change Japan, and far beyond its patchwork quilt of paddies--something all prime ministers, let alone one who has been in office for just a few tenuous weeks, have found hard to do.
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