U.S.-Japan Ties "Will Survive and Be Sustained"

Outgoing Ambassador Thomas Foley discusses a range of issues that many say are undermining the two countries' relations

As Japan's economy lurches toward another recession and its government braces for more musical chairs, with unpopular Prime Minister Yoshiro Mori on the skids, it feels like the country is stuck in a time warp -- circa 1990. But the economic malaise and political turmoil shouldn't lull Corporate America and U.S. policymakers into believing that the Japanese are immune to change, says the departing U.S. ambassador to Japan, Thomas Foley.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.