Japan's Economic Efforts After the Earthquake and Tsunami of 2011

Japan is home to a lot of ancient cultural artifacts and yet serves as an example of the developed world samurais, high-speed trains, home to some of the world’s largest tech companies, and may evision Tokyo as a bustling fast paced city. Japan’s population is declining, this isn’t unusual in a time where developed countries are relying on less children.What is overlooked when describing the now 3rd largest economy on Earth is how it went from surrendering during WWII to becoming an industrial superpower. There have been many changes but one have remained constant, which is the collective drive to work and excel. It has heavily influenced the Japan we know today.

In 2015, Thailand has joined the AEC (Asean Economic Community) that make the positive and negative effects to develop Thailand be equal to other countries. It depends on three things there are economics, educative and careers. It is the new powerhouse is heavily motivated by some countries players including china, japan, and number of AEC countries. Now these countries are appointed for talents aggressively as they are doing the industry expansion. In this, the first of two articles, I would like to share my opinions given on that day, firstly to consider the effect of the AEC and globalization on Thai tourism, and in a second article, to discuss how to prepare tourist guides for the AEC. ASEAN has established a monitoring mechanism called

Natural disasters are a huge challenge for the planet because of the adverse effects that are associated with them. One of the major earthquakes to have shaken the earth is the Great Sendai Earthquake or Great Tōhoku Earthquake that occurred in 2011. The event started when a powerful earthquake hit the northeastern Japan on March 11, 2011, and resulted in a widespread damage on land. A series of massive tsunamis later devastated many parts of the coastal regions of the country with the worst affected being the Tohoku region. The tsunami further resulted in a major nuclear accident that damaged distant regions on a power station located along the coast. The economic effects of the tsunami qualify it as one of the major natural disasters because it affected Japan’s economic stability as the country ended up resorting to importing as an alternative to cover the loss.

Hawaii’s beautiful terrain, clear ocean waters, and year around tropical climate temperatures, combined with the people’s Aloha and welcoming spirit has made the islands one of the most attractive location in the world to visit. In 1997, 158,000 individuals visited Hawaii each day, and the annual tourist arrival count was 6.8 million. (Luciano). Although Hawaii’s tourism business has improved the socio-economic condition for many that has made Hawaii their home, there have been negative impacts to Native Hawaiians with second and third order effects that go unseen behind the ocean front hotels, luaus, and tourist attractions. Hawaii has become a major tourist destination that receives over six million visitors per year. One of a major contributor to the Hawaiian economy, so much that it generates 10 billion dollars per year to the economy. (Lukasz). Because of tourism, the negative impact on the Native Hawaiians has been eye opening for the economic effects and even globalization. At home, specific negative effects include overbuilding to accommodate increased population densities, low income jobs, and mistreatment from tourists.

Visitors from these countries predicted to have more than double in the coming years as well as double of their spending in travel. This is a good opportunity for Australia tourism industry to enter into the five market in order to boost the tourism in Australia. People in five of these countries are going up to middle class with the rising of spending which the growth of travel out of their countries can be foreseen. So, we will need to find out and know the demographic, psychographic, economic condition, political and environmental of these countries, as they are all different. Through the partnership of Tourism Australia and UNWTO, they hope that the related sectors are able to understand more about the five-targeted countries in Asia and gain competitive advantage through the report that has been

As stated before, the American occupation of Japan from the end of World War II till late April of 1952 was a major factor behind Japan’s economic success from 1950 to 1990. Following the end of

When one looks at the social and economic indicators of well-being, the conclusion is clear. Tourism has not benefited the host Native Hawaiian people and it probably never will. To understand this, one must understand that Hawaii today is at the mercy of transnational interests. Foreign investment related to tourism went from 70.8 million dollars in 1981 to over a billion and a half in 1986. The increase is enough to make anyone’s head spin and confirms the vulnerability of Hawaii and Hawaii’s people. Japanese investment in leading the pack has plunked down over 3 billion dollars for hotels alone in a time period of eighteen years ending 1989. The Australians are far behind the second place with 117 million. Today, almost every major hotel is owned by foreign investors and almost every hotel on the drawing board is being funded by foreign investment. The rapid and phenomenal increase of foreign investment is the clearest indication that any consideration of the short and long term negative impact of tourism is of no consequence to those involved in the industry.

A volcanic eruption happened on Mount Ontake which caused over 50 tourist dead in centre Japan on September 27,2014. Mount Ontake located on the Japanese island of Honshu about 100 kilometers northeast of Nagoya and about 200 km southwest of Tokyo. This report discusses the impact of the Mt Ontake volcanic eruption in tourism industry and made some suggestion for the following recovery of Reconstruction process.

in a mere half-century Japan had gone from a backward country being virtually dismissed by the West as an obscure and rather backward to being recognized as a major world power. It was arguably the most remarkable achievement of any nation in world history. (Henshall, 1999, P102)

This paper identifies and analyzes the major issues and consequences which the most recent earthquake in Japan brought to the business community. It presents some courses of actions and their justifications on how the company should proceed in its industry in order to eliminate or at least minimize the negative impacts of this earthquake on its normal business operations.

Over the last 60 years, tourism has benefited from continuous growth and diversification, becoming one of the largest as well as the fastest growing world’s economic sectors. Tourism becomes one of the major categories of global trade in services. Nowadays, 7% of global goods and services exports are contributed by international tourism, and for the last four years, it has grown faster than the general global trade.[ Exports from international tourism rise 4% in 2015, (2016, May 6). Retrieved from http://media.unwto.org/press-release/2016-05-03/exports-international-tourism-rise-4-2015]

Tourism plays a vital role in economic development in most countries around the world. The industry has not only direct economic impact, but also significant indirect and influential impacts. There is agreement among experts that the travel and tourism sector is the fastest growing of global economy. According to the latest UNWTO World Tourism Barometer, international tourism receipts surpass US$ 1 trillion in 2011, growing about 3.8%up from 2010 (WTO, 2012).

From an environmental perspective, it is apparent that the world is starting to realise that increases in tourism are having a negative impact on the environment. This is due to increases in energy consumption, which in turn heightens the effects of global warming (Neto, 2002). There are many controls that governments are trying to put into place, such as flight rationing (Liverpool Business School, 2009). However, it can be argued that these have not really begun to have a significant effect on tourism, as they are still insufficient to dampen demand. It may become a problem in future years, as the number of controls is likely to increase. Perhaps the largest environmental factor would be natural disasters, like Hurricane Katrina (Cashell, 2005) and the tsunami that hit Asia in December 2004 (Birkland, 2006). These will impact negatively on people’s confidence in visiting places that have been hit severely by such disasters.

Japan is a country that has had many rises and many falls. After World War II it was a country that had been completely annihilated. Japan was able to reconstruct and reposition itself as a world power. As is the rest of the world, Japan is struggling financially. The next year or so will be a crucial. The DPJ will need to change many things in order for Japan’s economy and society to recover. With some changes in economic policy the country could end up back where it was twenty years

The Travel and Tourism industry is still one of the largest single businesses in world commerce and its importance is widely recognized. The tourism industry is now one of the largest sectors earning foreign exchange. In the face of many benefits, many countries have started assigning due weight age to the tourism industry in their national development agenda. Tourism is an industry that operates on a massively broad scale: it embraces activities ranging from the smallest sea-side hotel; to air-lines, multi-national hotel chains and major international tour operators. Originally, non-traditional industries such as tourism emerged as a solution to strike a balance between ecology and industry