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Published online by Cambridge University Press: 07 May 2025
Daniel Okimoto has written an important article for the Asia Pacific Review (vol 16, #1, 2009, pp. 35-55) on the implications of the ongoing financial crisis for US capital dependence on Japan and China. Abridged versions of the article have appeared in both the Japanese and English language editions of the Asahi Shimbun. Okimoto's analysis provides a springboard for wider reflections on how the crisis is bringing on tectonic shifts in the US-Japan relationship – and ultimately may alter Japan's place in the world.