A noted expert in the field of economics analyzes Japan's rise to economic power and its perceived threat to American interests, arguing that Japan's current economic status will not continue into the twenty-first century.

The U.S. harbors increasing unease--and outright hostility--about Japan's newfound wealth and growing technological dominance. Bill Emmott offers a compelling portrait of modern Japan, and shows why, contrary to current projections, the Japanese will not retain economic preeminence.