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Manufacturing is still critical to the economy United States. Clyde Prestowitz, says it's time to start realizing the positive spillovers that manufacturing creates... Read more  

Events & Activities

Stephen Olson at Chinese Development Institute Conference


 Clyde Prestowitz giving presentation to CDI...


Steve Olson teaching trade negotiations at the Mekong Institute...


Stephen Olson to speak at upcoming workshop organized by the International Institute for Trade and Development on 

"Economics of GMS Agricultural trade in goods and services towards the world market"

Chiangmai, Thailand Sep 8-12.

(3/15/11) Prestowitz on the Crisis in Japan in Foreign Policy

One tiny bright spot in the ongoing Japanese crisis is the fact that a lot of residents of Tokyo are getting much more than their normal exercise and will be in much better physical condition once the crisis is over.

For example, my friend and Airbus Japan CEO Glen Fukushima reports that on the first day of the crisis, he returned from an aborted meeting at a Tokyo hotel to his own offices where the power was out. This forced him to climb the stairs for 19 floors to get to his office and then to walk down 19 floors to meet his car and driver for a ride to a dinner that turned out to have been canceled. Returning to his apartment, he found the power out there also and so climbed the stairs to his residence on the 6th floor. This was more exercise than Glen gets in a normal week, but he notes that he was a lot better off than many who had to walk six to eight hours to their homes.

Glen also notes that the island on which the damaged nuclear reactors are located is called Fukushima, which is made up of two Japanese characters -- fuku, meaning "good luck," and shima, meaning island.

Except, of course, that its luck could not be worse.

Click here to read the article at Foreign Policy Magazine, and to read Clyde Prestowitz's weekly blog.

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Latest Publications

The Betrayal of American Prosperity.

The Trans-Paific Partnership and Japan.

Making the Mexian Miracle.

Industrial Policy and Rebalancing in the US and China.

The Evolving Role of China in International Institutions.


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