The recent earthquake in Kobe posed an unexpected threat to Japan's future as a leader in world trade and investment. In the aftermath of such an event, Japan—U.S. relations are likely to become increasingly important as Japan seeks to rebuild itself and encourage international investment. Trade and Investment in the 1990s provides crucial insight on the future of Japan—U.S. relations. Presenting views of such distinguished economists as Nobel Laureate Paul A. Samuelson, this volume covers such topics as Japan—U.S. relations under the Clinton Administration, trade negotiations, international competition and investment, and recent economic and financial trends. A compilation of recent lectures sponsored by The Center for Japan-U.S. Business and Economic Studies at New York University, this volume is sure to be of use to all those interested in the critical relationship between Japan and the U.S.