Japan & APEC Member Economies

UNITED STATES

United States of America



GENERAL

Area:
9,809,000 km2.

Population:
248,710,000 (1990).

Capital:
Washington, D.C.

History:
The Declaration of Independence was proclaimed in 1776 early in the Revolutionary War of 1775-83, and Britain gave recognition to American independence at the war's end. In 1787 the U.S. constitution was signed, and in 1789 George Washington was elected as the first president and took office. William Clinton, who took office in 1993, is the 42nd president.

GOVERNMENT

Type:
Federal republic with a presidential system.

Head of state:
President: William Jefferson (Bill) Clinton. He was inaugurated to his first four-year term in January 1993.

Legislature:
The bicameral Congress of the United States encompasses a Senate and a House of Representatives. The Senate consists of 100 members, 2 from each state, elected to six-year terms, one-third of the total being elected every two years. The House of Representatives consists of 435 voting members elected to two-year terms.

Executive:
Albert (Al) Gore, Jr., is vice-president. The secretary of state is Warren M. Christopher, and the secretary of defense is William Perry.

Domestic politics:
Aiming to promote change and rebuild America, President Clinton has placed priority on domestic affairs, particularly on rejuvenating the economy, and has made some progress in trimming the federal budget deficit.

Foreign policy:
President Clinton is striving to strengthen America's leadership role in the post-cold-war era and has reaffirmed his country's commitment to the American presence overseas.

ECONOMY

Major industries:
Manufacturing: all industries; agriculture: wheat, corn, soybeans, lumber; services.

GDP:
$6,738.4 billion (1994).

Real growth rate:
4.1% (1994).

Principal trading partners:
Exports: Canada, Japan, Mexico, Britain, Germany, Chinese Taipei, Republic of Korea, France; imports: Canada, Japan, Mexico, China, Germany, Chinese Taipei, Britain, Republic of Korea.

Currency:
United States dollar.

BILATERAL RELATIONS

Political:
From the end of World War II in 1945 until the 1951 San Francisco Peace Treaty came into effect in April 1952, Japan was under the rule of the U.S.-led Occupation forces. The Japan-U.S. Security Treaty has underpinned the Japan-U.S. alliance since 1952. In the 1970s the United States returned Okinawa to Japan, and visits by top leaders increased in frequency. Emperor Hirohito and Empress Nagako called on the United States, and Presidents Gerald Ford and Jimmy Carter came to Japan. The two countries stepped up their policy coordination in the 1980s, and Presidents Ronald Reagan and George Bush both visited Japan, the latter to attend the Showa emperor's funeral in 1989. Since the start of the 1990s the two countries have been building their relationship into a global partnership. President Bush, his vice-president, J. Danforth (Dan) Quayle, and President Clinton have come to Japan, and in June 1994 Emperor Akihito and Empress Michiko visited the United States.

Trade:
Bilateral trade in 1994 amounted to $172.6 billion. Japan's principal imports from the United States include aircraft, lumber, office equipment, corn, electronic parts, fish and shellfish, tobacco, scientific and optical instruments, meats, and automobiles.

Investment:
Cumulative Japanese direct investment in the United States through March 1995 came to $194.4 billion (27,112 cases). Investment in fiscal 1994 amounted to $17.3 billion (509 cases).

Japanese residing in the United States:
256,157 (Oct. 1994).

Americans residing in Japan:
43,320 (Dec. 1994; based on alien registration statistics, excluding diplomats, public officials, and military personnel).

Visits by eminent persons:
Japan to the United States:Prime Minister Morihiro Hosokawa (1994), Emperor Akihito and Empress Michiko (1994), Prime Minister Tomiichi Murayama (1995);
United States to Japan:President Bill Clinton (1993).

(July 1995)


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