C O N T E N T S Nissan: Portrait of a Corporate Giant - by Tim Shorrock Nissan's policies in labor relations and technology have set the pace for Japanese private industry. Toyota's Factory of Despair - an interview with journalist Kamata Satoshi The Pacific Basin - by Tim Shorrock Japanese mulinationals have been the main benficiaries of the area's economic growth. An overview. Southeast Asia and Japan: Unequal Partners - by John G. Roberts ASEAN has prospered modestly under the U.S.-Japan partnershp - with the greatest benefit from the alliance going to Japan. The Ties that Bind - adopted from the Handbook of Japanese Financial/Industrial Combines Captains of Global Trade - by John G. Roberts Japanese trading companies have been at the core of the nation's phenomenal development as a world-class economic power. Councils of Business Elders - by John G. Roberts Sketches of the powerful business lobbies behind Japanese politics. Industrial Tragedies Forster Activist Movements - by Kathleen Selvaggio Consumers and environmentalists organize to minimize the harmful impact of industrialization. Kudos for Japan - an interview with James Abegglen Editorial: A Questionable Alliance