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Begin New Search Political Geography Asia Author Saori N. Katada

1. At the Crossroads: The TPP, AIIB, and Japan's Foreign Economic Strategy

Author:
Saori N. Katada
Publication Date:
05-2016
Content Type:
Working Paper
Institution:
East-West Center
Abstract:
In 2015, two mega-initiatives took shape that will affect economic relations in the Asia-Pacific region: the US-promoted Trans-Pacific Partnership (TPP) trade agreement and the China-led Asian Infrastructure Investment Bank (AIIB). Although they address different needs, both are expected to have profound effects on Asia's economic governance in the near future, and will shape economic norms in the Asia Pacific and beyond. Japan has joined the TPP but stayed out of the AIIB, decisions that might seem counterintuitive considering its history of resisting trade liberalization and of promoting infrastructure investment. Is Japan simply favoring its US ally over rival China? Or is it that Japan's position on the TPP and AIIB aligns with its own economic priorities, and enhances its geo-economic advantage? With a US-China competition over economic ideas and regional strategies, Japan occupies a unique position that may allow it to influence the direction of Asia-Pacific economic governance, which is now being battled out by the two "titans."
Topic:
Economics, International Trade and Finance, Political Economy, and Treaties and Agreements
Political Geography:
China and Asia

2. Domestic sources of Japanese foreign policy activism: loss avoidance and demand coherence

Author:
Mireya Solís and Saori N. Katada
Publication Date:
01-2010
Content Type:
Journal Article
Journal:
International Relations of the Asia-Pacific
Institution:
Japan Association of International Relations
Abstract:
The conventional view in the field of international political economy – that greater economic interdependence creates an incentive for active foreign policy engagement – is hard to reconcile with Japan's foreign economic policy. To explain this counterintuitive outcome, we develop a new model of domestic demand for policy activism that integrates strands of prospect theory, collective action, and interest aggregation. We argue that both the rationale for mobilization and lobbying capacity are essential elements in understanding the domestic demand for significant foreign policy departures. We apply this conceptual framework to Japanese foreign economic policy in two issue areas: finance (Japan's response to the 1980s Latin American debt crisis and the late 1990s Asian Financial Crisis), and trade (Japan's Free Trade Agreement negotiations with Mexico and South Korea).
Political Geography:
Japan, Asia, South Korea, Latin America, and Mexico

3. The Japan-Mexico FTA: A Cross-Regional Step in the Path towards Asian Regionalism

Author:
Mireya Solís and Saori N. Katada
Publication Date:
06-2007
Content Type:
Journal Article
Institution:
University of British Columbia
Abstract:
By most accounts, Japan and Mexico remain distant economic partners with only a modest volume of bilateral trade and foreign direct investment, and a large geographical and cultural gulf between them. By this depiction, the Japanese decision to negotiate with Mexico is puzzling if not downright nonsensical: Why would Japan invest so much political capital in the negotiation of a complex free trade agreement (FTA) with a nation accounting for such a minuscule share of its international economic exchange? Solís and Katada challenge this interpretation of Japan's second bilateral FTA ever, and demonstrate that far from being irrational or insignificant, the stakes involved in the Japan-Mexico FTA were very high, and that this crossregional initiative stands to exert powerful influence over the future evolution of Japan's shift towards economic regionalism. For a number of Japanese industries (automobiles, electronics and government procurement contractors) negotiating with Mexico was essential to level the playing field vis-à-vis their American and European rivals, which already enjoyed preferential access to the Mexican market based on their FTAs. For the Japanese trade bureaucrats, negotiations with Mexico offered an opportunity to tip the domestic balance in favour of an active FTA diplomacy, despite the opposition of the agricultural lobby. Negotiations with Mexico constituted a litmus test, both for the Japanese government and in the eyes of potential FTA partners in Asia, on whether Japan could offer a satisfactory liberalization package to prospective FTA partners to make these negotiations worthwhile.
Topic:
Diplomacy
Political Geography:
Japan, America, Asia, and Mexico