Serving the National Interest by Providing Markets
An Overall Strategy of Economic Diplomacy: Drawing on Private-Sector Expertise

June 24, 1998

Yoshihiko Miyauchi
Chairman, Committee on Economic Diplomacy
(President, Orix Corp.)

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1. Introduction
2. Problems in Japan's Economic Diplomacy
   1. Failure to Define the National Interest and to Develop an Overall Strategy of Economic Diplomacy
   2. Failure to Reflect Public Opinion in the Policy-Making Process
   3. Poor Linkage of Economic Diplomacy with Private-Sector Activity
3. A Vision for Japan's Economic Diplomacy
   1. Serving the National Interest by Providing Markets
   2. Emphasizing the Regional Interests of East Asia
   3. Exercising Initiative in the Formulation of Market Rules
4. The Necessary Policy Measures
   1. Development of an Overall Strategy of Economic Diplomacy, and the Role of the Diet
   2. Decisive Action on Structural Reform as an Issue of Economic Diplomacy
   3. A Japanese Version of the TABD: Giving the Private Sector a Voice in Economic Diplomacy Policy
   4. Contributing to Stable Growth of the East Asian Economy
   5. Active Participation in Formulating International Market Rules
   6. Flexible and Transparent Allocation of ODA and Other Official Funds
5. Conclusion

Japanese version