Actual Study on Japanese Direct Investments Towards Asia and Pacific Areas, Development-and-Import, Reversal Import and Trade Friction

本研究的特点是首先从理论和实践上探讨亚洲工业化与美日角色的相互关系，其次经常与日本国内外的一些学术和商业经济学家探讨上述问题。1990年，我们出版了自己的纪念书《亚洲新型工业化与美日经济》东京大学出版社。然后，我们强调了日本经济的全球化与亚洲充满活力的经济，甚至是与美国经济的紧密联系。换句话说，自1985年所谓的广场协议以来，日本对亚洲的直接投资迅速增长。但日本直接投资的主要份额仍在美国。因此，我们可以说，日本可以被称为债权国大国，但这种外在特征是以美国经济为基础的，准确地说，是美元和美国市场。我们的实际和理论研究就是调查这种三角关系。

The distinctive feature of our study is first to investigate into co-relation between Asian industrializaion and the role of United States and Japan theoretically and actually, second offten to discuss as such problems above with some academic and business economists not only in Japan but from overseas.We published our memorial book "Asia Shin-Kogyouka to Nichibei Keizai (New Industrialization of Asia and US-Japan Economy)" Tokyo University Press in 1990. Then we emphasized globalization of Japanese economy had been strongly connected with Asian dynamic economies and moreover with US economy. In other words, Japanese direct investments towards Asia have increased rapidly since so called Plaza Agreement in 1985. But the dominant share of Japanese direct investment have still been in US. So we could say that Japanese could be called a big creditor nation, but that external character has been based on US economy, precisely to say US dollar and US market. Our actual and theoretical study is to investigate into that triangle relation.