Drysdale, Peter; Armstrong, Shiro - East Asian Bureau of Economic Research (EABER) - 2014
multilateral system to policies based on preferential bilateralism in trade policy to secure its regional trading interests. Japanâ …€™s bilateral trade agreements have been largely ineffective in supporting the kind of deep-seated reform to regulatory institutions … and competition policies needed to sustain long-term productivity growth. The evidence suggests that Japanese productivity …