Japan 's International Business Environment Essay

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Introduction Japan is one of the most influential countries in South-East Asia and the world, despite being disconnected from the main land. Japan has a population of around 127 million people and has, as measured by Gross Domestic Product on a Purchasing Power Parity basis, the world’s fourth largest economic output. Moreover, Japan is a member of the United Nations, G7, G8 and G20 (CIA World Factbook, 2015). In this report the international business environment of Japan is analyzed from economical, political and legal, financial, and technological perspectives. In particular, the focus is on economic indicators, trade, Japan’s political system, the rule of law, the Japanese stock market, debt, the technological infrastructure and intellectual property. Subsequently, the analysis of the Japanese business environment is linked to international business. Here, implications of the business environment for doing business are discussed and risks and opportunities are assessed. At last, conclusions are drawn regarding Japan’s international business environment and its implications for doing business in Japan. Environment Scan Economic Environment Japan is the third wealthiest country in the world, as measured by nominal Gross Domestic Product (GDP), only trailing the United States and China. In 2014, Japan’s nominal GDP totaled over 4.6 trillion US dollars (World Bank, 2015). Even though Japan has a high nominal GDP, the country’s GDP per capita as of 2014, adjusted for
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