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Japanese and U.S. approaches to aid, public lending, direct investment and trade

Posted on:1993-10-03Degree:Ph.DType:Dissertation
University:University of Maryland, College ParkCandidate:Matsumura, MasahiroFull Text:PDF
GTID:1479390014496494Subject:International Law
Abstract/Summary:
This dissertation seeks to measure the developmental impact of Japanese and U.S. economic involvement on major developing nations. This involvement consists of aid, public lending, direct investment and trade. The research data sets contain the relevant economic and social information on Egypt, India, Indonesia, Malaysia, Mexico, Pakistan, the Philippines, Thailand and Turkey, for the period from 1970 to 1989. Factor analysis identifies the "patterns" of involvement and development, and regression analysis measures their linear relation as impact. The systemic level of analysis pools cross-sectional and time-series data to identify general "patterns" and impacts across time and country; while the country level of analysis uses time-series data to capture their country-specific "patterns" and impacts. Research demonstrates that Japan and the United States together exert a dominant developmental impact. The two countries' involvement are classified into the (1) Japanese public-private sector collaboration, (2) Japanese government, (3) U.S. private sector, and (4) U.S. government approaches. Japan's primary impact is upon their social progress, while the United States primarily affects their structural change. However, neither impact contributes to aggregate growth; yet they do generate growth in specific sectors. They produce little impact on the reduction of sectoral vulnerabilities in fuel and manufacturing production at the aggregate level, while the U.S. government generates a large effect on the reduction of sectoral vulnerability in non-fuel primary products; they create no systematic effect on sectoral vulnerabilities at the country level. Additionally, this study provides a series of country-specific policy recommendations that could further maximize the beneficial impact of Japanese and U.S. involvement. It also concludes that developing nations should put policy priorities on the structural change and social progress aspects of development.
Keywords/Search Tags:Japanese, Impact, Involvement
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