World Perspectives

Dissecting Japan and Europe; Subsidizing Competitors; Lowly in Rome

Eastern European members complaining that food companies sell inferior products in their part of the EU should be informed by the American experience. Dissecting Japan MIT professor and Japan specialist Richard Samuels argues that the island nation was forced by globalization to evolve from a 1980s strategy of autonomy, consortia (collusion) and (government) nurturance to the present day better, faster, cheaper. However, this cannot be said of its food sector. As noted in the WTO’s latest trade policy review, Japan’s agriculture has “relatively high levels of protection and support.” The U.S. noted numerous market access barriers and imports controlled by state trading enterprises (simultaneous buy and sell).The Abe government has initiat...

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