Yoshiyuki Iwamoto recently published in New York a book in English.

He said, "In advance, my American friends, college teachers and published writers told me that to find a publisher in the United States would be very difficult.

"The rejection rate is as high as 98 percent. However, one publisher, Algora, brought out my 'Japan on the Upswing: Why the Bubble Burst and Japan's Economic Renewal.' "The paperback edition came out last September and is enjoying brisk sales."