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
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.
Clyde Prestowitz, Author
Labor economist Prestowitz (Rogue Nation) projects visions of Japan’s future in this well-handled study of sensitive politico-economic issues disguised as a love letter to the country. Japan’s economic decline after the 2011 tsunami spurred this peek into a crystal ball. Prestowitz opens with a snapshot of the nation in 2050 as a world leader in technology, medicine, athletics, and education. These strides follow a series of potential crises in 2016 that prompt the government to appoint an Extraordinary National Revitalization Commission. The commission introduces changes that strengthen Japan’s regional power and promote women into management positions, as well as transforming it into an English-speaking nation like Singapore. Finally, the 20th-century zaibatsu model that guaranteed citizens jobs for life is replaced by the profit-driven model that turned Nissan around in 2001. While there’s nothing in this big-themed fabulist tale that seems out of reach, it remains to be seen whether Prestowitz’s well-intentioned advice will make an impact among Japan’s decision makers. (Nov.)
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