The early 1990s were a sentence of rapid and multivaried expansion for the American high-technology industry in general and Motorola, Inc., an Illinois-based manufacturer of a range of high-tech equipment. In 1992, Motorola way was predicting with a good deal of confidence that its Asian operations would account for the bulk of all its revenue through the adjoining 10 years, based on the fact that sales of the company's cellular telephones, pagers, and other mobile communications devices, as well as of semiconductor chips, the basis for all high-tech products, were increasing quicker in Asia than in either Europe or the coupled States Asia-based manufacture of Motorola's semiconductors was well in place in 1992, in Japan, India, and Hong Kong, and plans were under way to begin manufacture in the People's nation of China in 1994. In
________, and Williams, Daniel. "Motorola Wins rile In Japan." Washington Post, 11 March 1994, A1.
Specifically and quite antithetically to Smith's formulation, List does not conceptualize the nation-state as a "referee" of players who must engage in commerce in a spirit of presumptive moral behavior. The economic objectives of a nation belong to a different project. This explains the antipathy betwixt American and British economies on one side and Continental and Asian economies on the other: "If a country disagrees with the Anglo-American axioms [of attractive play in international trade], it doesn't just disagree: it is a 'cheater.'" This analysis appears to befool been rather timely. Blustein comments on the "moralistic, almost crusade-like pure tone" of criticisms by U.S.
Secretary of State Warren Christopher of unfair Japanese trade policies, in the wake of the March 1994 Motorola agreement.
Henkoff, Ronald. "Keeping Motorola on a Roll." Fortune, 18 April 1994, 67-78.
Herzog, P.J. Japan's Pseudo-Democracy. New York: New York Univeristy Press, 1993.
The currency crisis had the effect of do the Japanese stock market decline, which had the effect of making recovery from the recession more difficult, which put the Japanese thrift in an unaccustomed defensive rather than aggressive developmental position. Although the U.S. Treasury denied intentional manipulation of foreign-exchange markets, market behavior in Japan and on Wall Street appears to have acted as a catalyst toward Japan's compromise on the Motorola issue, public statements during the 30-day diaphragm from Kantor's challenge in Tokyo to the contrary notwithstanding.
Japanese consumer-electronics firms have often done best with products in which there is an concord international standard, such as CD players, where economies of scale can be exploited. There are dozens of different cell-phone standards round the world, and even several within a single country. Japan's home(prenominal) cell-phone marke
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