When Giants Converge: Role of US-Japan Direct Investment

ISBN-13: 9781563241154 / Angielski / Miękka / 1995 / 232 str.

Dorothy B. Christelow

Opis

This text presents an analysis of how international direct investment since World War II has played an important role in the process by which industrial countries generate technology and productivity growth. It covers the complex relations between the US and Japan since 1945.

Spis treści

This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs) for specific purposes, such as college education, homeownership, self-employment and retirement security. In this way, low-income Americans could gain the same opportunities that middle- and upper-income citizens have to plan ahead, set aside savings and invest in a more secure future.

O autorze

Dorothy B. Christelow