those of the National &weau of Ecuunic Isearth.

The ubjective of this paper is tfo1d. First, this paper enijtasizes that in a par1iaiintary system, sud as in Japan, election timins beccve eniogencx2s, in that gocxl eccncxnic performarces terd to triger elections. Srd, iuipacts of international factors, suth as foreign exd-iane receives azt elections of the Units States, on dazcstic exzxnic perfozmawes will be eemineJ in the ritext of political Ixisiness cycles. This paper I lids only a limital link between ecxrnnic perfoniai aid international variables, except one that upnnirq elections in the tjnitsl States taM to cause a higher rate of growth in Japan. Evide.rce axjgests that althc*fli blatant policies, sadi as a begar-thy-neigbbor policy, were not adcpt&, a itore subtle international c&xçeration, in the form of Japanese expansion to pill up the United States econany, have been used