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May 18, 2024
 

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JAPANESE PERSPECTIVES

BUSINESS / JAPANESE PERSPECTIVES
Feb 20, 2006
Japan's falling savings rate reflects a global competition for funds
The national savings rate dropped to as low as 2.8 percent in 2004, according to a report released by the Cabinet Office last month. This is incredibly low, given the figure had been above 10 percent until as recently as 1999.
BUSINESS / JAPANESE PERSPECTIVES
Feb 6, 2006
To improve Japan's finances, reform drive must stay alive
In fiscal 2006, the government will issue under 30 trillion yen in bonds for the first time in eight years, leaving the nation 11.2 trillion yen short of achieving a primary balance -- the condition where expenditures, excluding interest payments and debt redemptions, are covered by revenues excluding...
BUSINESS / JAPANESE PERSPECTIVES
Jan 30, 2006
Alchemist or apprentice: a guide to Livedoor hype
Takafumi Horie, aka Horiemon, is in disgrace. He and other senior executives of Livedoor, the Internet company, have been arrested on suspicion of violating securities laws.
BUSINESS / JAPANESE PERSPECTIVES
Jan 23, 2006
Regional cooperation with Japan belies focus on Yasukuni problem
Prime Minister Junichiro Koizumi, in his first news conference of the year, argued that Yasukuni is not a diplomatic issue, rebutting claims that Japan is being isolated in Asia because of his repeated visits to the war-related Shinto shrine.
BUSINESS / JAPANESE PERSPECTIVES
Dec 26, 2005
Tax system overhaul must ensure economic vigor for a dwindling population
The ruling coalition released its tax reform proposals for fiscal 2006 on Dec. 15. Despite the tight fiscal conditions, it is laudable the ruling parties recommended measures aimed at boosting economic activity -- such as those that encourage corporate investment in research and development, expenditures...
BUSINESS / JAPANESE PERSPECTIVES
Dec 19, 2005
Time to remove life support: Government should heed BOJ
To end or not to end. That is the question. The Bank of Japan says yes. The government says no. The BOJ feels the time is ripe to do away with the policy of "quantitative easing." The govern- ment feels it is premature to do so. Dueling time is here again over the conduct of monetary policy.
BUSINESS / JAPANESE PERSPECTIVES
Dec 5, 2005
Privatization hurdles: Japan Post should compete with banks on level playing field
The government bills drafted to privatize the state-run postal services were finally enacted into laws in mid-October, but there will be two major challenges ahead as privatization is carried out.
BUSINESS / JAPANESE PERSPECTIVES
Nov 28, 2005
Tax reforms must sustain positive economic cycle
The Japanese economy is on the path toward a full-scale recovery driven by the private sector. The next major challenge for the nation is to its rebuildfiscal health, which is now the worst among the key industrialized countries.
BUSINESS / JAPANESE PERSPECTIVES
Nov 21, 2005
Tweedle-George, tweedle-Jun and their futures in Wonderland
In Alice's world through the looking glass, Tweedledum has "Dum" embroidered on his collar and Tweedledee has "Dee" embroidered likewise. Alice assumes they both have "Tweedle" written on the backs of their collars as well. In our world of 2005, "Dum" would read "George W." and "Dee" would be "Junichiro,"...
BUSINESS / JAPANESE PERSPECTIVES
Nov 14, 2005
The pros and cons of an island nation: economic growth vs. national security
Postwar Japan gave up guns for butter in its bid to prioritize economic reconstruction. This position has lingered for 60 years, and Japan today continues to rely heavily on its alliance with the United States for its own national defense.
BUSINESS / JAPANESE PERSPECTIVES
Nov 7, 2005
LDP fiscal policy report laudable in balancing tax hike, spending cuts
An interim report compiled Oct. 24 by the Liberal Democratic Party's study group on fiscal reform has drawn public interest as an indicator of the future direction of fiscal policy b the ruling party and the government.
BUSINESS / JAPANESE PERSPECTIVES
Oct 31, 2005
Why should Japan's Pharaohs fear the locusts of change?
"God said to Moses, 'Extend your hand over Egypt to bring the locusts, and they will emerge on Egypt. They will eat all the foliage in the land . . . " (Exodus 10:12)
BUSINESS / JAPANESE PERSPECTIVES
Oct 24, 2005
Government's policy yardstick should be based on per capita GDP, not GDP
Finance ministers and central bankers from the G20 advanced and emerging economies expressed strong concern Oct. 16 that high oil prices could decelerate growth and destabilize the global economy as they wrapped up their annual meeting on the outskirts of Beijing.
BUSINESS / JAPANESE PERSPECTIVES
Oct 17, 2005
Murakami, baseball and the pitfalls of Japanese managers
Financier Yoshiaki Murakami's bid to influence the Hanshin Tigers after recently becoming their parent firm's top shareholder has drawn public attention not only to his acquisitions, but also to the way that Japan's professional baseball teams are being run.
BUSINESS / JAPANESE PERSPECTIVES
Oct 3, 2005
Japan's GDP and GNP: How far will the domestic and the national spread?
Numerical targets are much in vogue these days. The post-election Koizumi government also seems to have caught the bug in light of the Council on Economic and Fiscal Policy's latest plans for managing the economy over the medium to longer term.
BUSINESS / JAPANESE PERSPECTIVES
Sep 26, 2005
Currency-controlling China not yet qualified to join ranks of G7
The two biggest events in the postwar history of currency exchange markets are the Nixon shock of August 1971 and the Plaza Accord of September 1985.
BUSINESS / JAPANESE PERSPECTIVES
Sep 19, 2005
Postelection policy management and the Japanese economy
The Sept. 11 House of Representatives election ended in a landslide victory for the ruling Liberal Democratic Party, which secured 296 out of the 480 seats in the lower chamber of the Diet.
BUSINESS / JAPANESE PERSPECTIVES
Aug 29, 2005
Choice is no longer choice when showbiz 'assassins' terminate voters' rights
When is a choice not a choice?
BUSINESS / JAPANESE PERSPECTIVES
Aug 15, 2005
Despite removal of dollar peg, yuan still a currency under control
On July 21, the People's Bank of China announced it had ended the yuan's effective peg to the U.S. dollar and that it would link it to a basket of currencies based on China's main trading partners. The central bank also said that the yuan's exchange rate as of that evening was 8.11 to the dollar.
BUSINESS / JAPANESE PERSPECTIVES
Aug 1, 2005
Tax Commission's plans show irrational thinking
In a report on income taxes for individuals released June 21, the Tax Commission called for a set of proposals to revamp the system. The proposals included: 1) ending tax breaks and further hiking taxes; 2) cutting deductions for salaried workers; and 3) reviewing a proposal to automatically deduct 380,000...
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Japan to review romanization system for first time in 70 years
An advisory panel to the education ministry will consider how the Japanese language should be transcribed into the Latin alphabet, including unifying different romanization styles currently in use.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Japan’s economy contracts as consumers and firms cut spending
Japan's gross domestic product shrank at an annualized pace of 2% in the three months through March.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.
Unraveling the Japanese prose of Yukio Mishima
Author Yukio Mishima accepts the Arts Festival Award in the drama category at the 20th Arts Festival Award Ceremony on Jan. 22, 1966.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.

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