The Japanese perspective on trade blocs: 'We oppose a rise in economic regionalism of any sort.'

Article Abstract:

Japan currently is and plans to remain opposed to a rise in economic regionalism or the formation of economic trading blocs of any type. Japanese corporations attempted to address trade surpluses with the West created in the early 1980s by investing in Assn of South East Asian Nations and in major industrialized nations such as the US and European Community member countries. Japan's economy began to fail in the early 1990s, placing Japan in a unique position of gaining the least benefit from economic regionalism.

Japan, International trade

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Maryland: economic development regionalism is reaping major corporate expansion

Article Abstract:

Economic development regionalism in Maryland is yielding favorable results among expanding companies. A regional approach in showcasing potential corporate sites enables expansion-minded companies to rapidly assess an area's location possibilities. Regionalism provides Maryland a competitive advantage and helps establish business success statewide. Businesses are now beginning to realize Maryland's potential to manage new and expanding businesses and its variety of options and locations.

Administration of Urban Planning and Community and Rural Development, Economic Development NEC, Economic development, Maryland, Regionalism

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Spotlight on the re-engineered Germany

Article Abstract:

Germany expects to offer $3.4 billion yearly in premiums after 1998 to promote foreign investment in the eastern areas. Foreign investment in Germany has been minimal, as exorbitant labor and social costs and bureaucratic red tape have discouraged potential investors. The country remains committed to joining the European Monetary Union but will not sacrifice the international standing of the Deutschmark.

Administration of General Economic Programs, Investment Incentives & Guarantees, Germany, International relations, European Union, German foreign relations, Investment incentives, Foreign trade promotion

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