• But, in practice, few poor countries can emulate South Korea's self-disciplined use of discretionary quotas and export subsidies.

    ECONOMIST: The Mexican marathon

  • By contrast, conditions in Japan's defense industry remain bleak: The industry is shrinking rapidly because of decreased domestic demand, and the situation is unlikely to improve as long as Japan's self-imposed Cold War-era arms export ban remains.

    WSJ: South Korea and Japan's Diverging Strategies

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