Pros And Cons Of Blablism

This paper is going to lay out the general arguments of “The Japanese Miracle” written by Chalmers Johnson in the book titled “MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975”. Japan’s economy had been severely devastated after the World War II, the country’s production did not match the prewar level until 1954. But a significant economic growth was achieved in the period between the 1960s to 1970s and consequently turned Japan to be a strong economy, only after the United States and the Soviet Union at the time. Such an economic success was regarded as a “miracle” to the world despite many of the Japanese held a cautionary attitude towards the success. Chalmers Johnson stressed that Japan’s economic miracle was not

Two ships can arrive at the same destination; however that does not necessarily mean that they used the same route on their journey. Such is the same with the industrialization of Britain and Japan. Both rose to become the two great pioneers of the modern world; however the paths they took to success were different. This paper will compare Japan and Britain, exploring the causes of its industrialization, and how the countries drastically changed because of it. What sets Britain’s industrialization process apart from Japans is that it did not have a role model to base its development on; it was the first industrial nation. Therefore the cause of its industrialization must have much

The Japanese economy had changed immensely as it became a place of free trade and importations from being a place where there was little to no foreign interactions a century ago. The japanese had implemented this closed door policy due to the unruliness of the Europeans in the 17th century and felt complacent in their situation. Although the Japanese government implemented a closed-door policy from 1639 to 1854, their rapid economic development after this period was due to their similar geographical conditions to England. Their location allowed them to reap the benefits of being imperialized because they were able to westernize and set up the foundation of a good economy. They had been able to live peacefully while absorbing technology and culture from the Eurasian countries, this help them develop their ‘foreign acceptance’ as they were used to taking technology from other countries.

Its actions have helped initiate new industries, cushion the effects of economic depression, create a sound economic infrastructure, and protect the living standards of the citizenry. Indeed, so pervasive has government influence in the economy seemed that many foreign observers have popularized the term "Japan Inc." to describe its alliance of business and government interests. Whether Japan in the mid-1990s fit this picture seems questionable, but there is little doubt that government agencies continue to influence the economy through a variety of policies. Not only did the American press use the same terms as the federal government, but in doing so it also helped lay the framework of the Japanese- American internment in a completely inaccurate way (Lau, 2014).

Beginning from the last years of World War II and then following Japan’s defeat to the allied forces, the Japanese had to endure arguably its most painful few years to date. The majority of Japan’s cities had all been completely destroyed during the war, especially in Hiroshima and Nagasaki, where the first atomic bombs were dropped. As a result, the majority of Japanese population had to not only survive the extremes of the seasons in make-shift shelters, but also endure starvation due to the lack of food and water available. However, thanks to the American occupation of Japan following the end of the war, Japan was finally able to recover. The year 1950 turned out to be the beginning of an extended period of Japanese economic and social prosperity. Starting from 1950 to 1990, Japan had experienced unrivalled miraculous economic growth and success in comparison to the majority of other developed countries. For this reason, the Japanese economic success during this period is known by many as the “economic miracle”. There are multiple reasons behind this so called “miracle”, and this essay explores some of these causes. In particular focusing on the major factors which include; the American occupation of Japan, the Korean and Vietnam War as well as social and economic reasons.

Today in Japan, a reinvention is necessary. There are many struggles with the young generation, the old generation, and catastrophic events which should be addressed. Specifically, the Japanese economy has been experiencing deflation for the past twenty years. In an article, the results of the deflation were described. The authors said, “Because of fewer available jobs and lower

Although Japan was once a booming economy, it did not necessarily start off that way and it certainly hasn’t remained that way. After World War II, the United States

Japan emerged from the Tokugawa-Meiji transition as the first Asian industrialized nation. Domestic commercial activities and limited foreign trade had met the demands for material culture in the Tokugawa period, but the modernized Meiji era had radically different requirements. From the beginning, the Meiji rulers embraced the concept of a market economy and adopted British and North American forms of free enterprise capitalism. The private sector — in a nation blessed with an abundance of aggressive entrepreneurs — welcomed such change.

In 1945, Japan was devastated and lost a quarter of the national wealth after suffering a defect in the second world war. A majority of the commercial buildings and accommodation had been demolished, and massive machinery and equipment formerly used in production for the civil market were out of service to provide metal for military supplies (Miyazaki 1967). Despite the trash and ruins had left over in Japan, Japan was able to rebuilding its infrastructure and reconstruct their economy. It is revealed that the Japanese economy was on its way to recovery, which received a rapid development since the war, and the reconstruction of Japan had spent less than forty years to become the world’s second largest economy in the 1980s. This essay will explore the three factors account for the economic growth of post-war Japan: the financial assistance from the United States, the external environment, and the effective policy of Japanese government.

Assumptions about the Japanese workforce have turned out to be more myth than reality and some of the former strengths have become weaknesses in the new economy

One of the most important facets for a successful business in the twenty-first century is how it communicates with their customers, partners, suppliers and governments from different countries and cultures from around the world. For a business to operate with any modicum of success in Japan, you must possess a basic understand of how their society functions. As a result of learning about the geography, climate, history, religion, cultural rituals, politics, education system, and the role of the family; it will allow a business or business person the insight needed to understand how society functions and the method in which business is conducted.

Jeffrey Kingston. Japan in Transformation, 1952 – 2000. Harlow: Pearson Education Limited, 2001. 230 pp.

Globalisation has had a profound impact on the Japanese economy influencing levels of international trade, business operations, financial flows, government policy, labour markets and even environment. This movement has been driven primarily by numerous TNCs, trade liberalization, and the deregulation of the financial system, and numerous strategies adopted by the Government and Economy, resulting in the creation of a 'new' Japan.

Japan ranks as the third largest economy in the world as of 2010. The GDP at current prices in US dollars in Japan was reported at 5068.06 billion in 2009, according to the International Monetary Fund (IMF). Japan’s resurgence after World War II has however reached an inflection point in yearly 1989 after the burst of Japan’s asset price and real estate bubbles. As can be seen from the graph below, Japan’s GDP has hovered around the same level through more than 20 years of economic stagnation. The GDP’s slow growth has been exacerbated by the world financial crisis of 2008. A major landmark of Japan’s stagnation has been the BOJ’s fight against deflation.

The nation of Japan, even more so than other countries, has a long, long history behind it. It's a country dating back as far as the B.C. Era, and that has experienced various powerful events that has shaped the country since its birth. As with other nations, an important part of their past lies in their religion. Before they were introduced to Buddhism and other outside religions, which had a large impact on their society, the Japanese followed something known as Shinto. As the one religion that can truly be called “Japanese,” it follows that its influences would still remain in the eyes of the people and only aided by a traditionally xenophobic view of the world.