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

本研究的独特之处在于，首先从理论和实践两方面探讨了亚洲工业化与美国和日本角色之间的相互关系，其次经常与日本和海外的一些学术界和商业经济学家讨论上述问题。我们于1990年在东京大学出版社出版了纪念书《亚洲新工业化与美日经济》。其次，我们强调日本经济的全球化与亚洲的经济活力紧密相连，更与美国经济紧密相连。换句话说，自1985年签订所谓的广场协议以来，日本对亚洲的直接投资迅速增加。但日本直接投资的主要份额仍在美国。所以我们可以说日本是一个大债权国，但这种外部特征是基于美国经济，确切地说，是基于美元和美国市场。我们的实际研究和理论研究就是要探讨这种三角关系。

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.