imo you cannot tell if that is clearcoat failure or not, being as its a older honda with a solid color paint. i have a feeling it is single stage paint for being a car of that vintage. i highly doubt its clearcoat failure. as others said take some m205 or some scratch x and test a spot with a yellow applicator, if color comes off on the applicator its single stage paint. to make that look good you will probably need to put some time into that paint. what i would do is get some meguiars mirror glaze #7 show car glaze put it on a terry towel and rub the paint down by hand using alot of product,(you want the paint to be wet with product) reason for this is to rehydrate the paint to make it easier to remove the oxidation, what most do is lay on a thick coat of the #7 let sit for 12-24 hours, remove it by hand then start the buffing proccess. i would do a test spot starting with a wool pad with some m105 or ultimate compound then after you remove bulk of oxidation and get to fresh paint you can do another pass of m105/UC on a foam light cutting pad. then move to m205 or mirror glaze #9 swirl remover. then if your satisfied with the results you can do a pass with some mirror glaze #3 machine glaze on a finishing pad then do your choice of sealant/wax!. hope you bring that old honda paint back to being shiny!..again i HIGHLY doubt its clearcoat failure. im betting its single stage paint. remember guys you cannot just jump to the worst possible conclusion with things. first thing to do is look at the vintage of the car. furthermore, you can tell it is not clearcoat failure as it would have splotches of bubbled up clear or WHITE areas around red paint. you can tell the paint is nearly pink its so oxidized and notice how the vertical panels are not like the horizontal panels. so to the op you will need to put time,effort,elbow grease and some money into the paint but alas, it WILL be cheaper then a repaint!. and once you get the paint looking good it will stay that way if taken care of, or you can go with opti-coat,cquartz,system-x or any other PPC(permanent paint coating) good luck cant wait to see the results! if you was in my area i would come help you out for free as i LOVE taking a paint like that and turning it into a very nice looking paint. that is what i strive for in detailing!...again good luck and cant wait to see how you make out!
PS. about the glass you might need to get it replaced as it does look too deep to remove with anything on the market, the only thing that the current products on the market will do is lighten up the scratches but they look very deep. should not be too hard of a window to replace as it looks like a vent style window which can be removed easily.
P.S.S one reason why im guessing its single stage is look at how flat the paint is, a repaint would have alittle orange peel if its bc/cc especialy on a honda as someone who would repaint a car of that vintage would not get an expensive paint job. generaly older honda paint has little to no orange peel. i've also noticed single stage paints dont have as much orange peel for some reason while basecoat/clear coat has some orange peel. alas DO A TEST SPOT! only way to tell for sure!