Pest Analysis of Japan

An active APEC (Asia Pacific Economic Corporation) member, Japan is the second most dominant world economic power. Being a world power endows it to having an influential role in not only in regional affairs but also global.

Japan, as known today, is a world powerhouse in technology and innovation. It currently ranks third in GDP, bringing in over $4.9 trillion dollars per year. However, this has not always been the case. Japan is well known for its period of “Sakoku,” a Japanese word literally meaning “closed country.” From 1600-1850s, that is indeed what Japan was; Japanese citizens were not allowed to leave the country and no foreigners were allowed to enter. The country was completely isolated from the rest of the world, even in regards to trade. This was changed in 1854 by Commander Matthew Perry and his Navy squadron. With the Kanagawa Treaty, Perry ended Japan’s period of isolationism and pushed them into their future as a world power.

After centuries of living in seclusion to the outside world, the government knew that they needed the technological advancements that the West offered. The Industrial Revolution and growing urbanisation in Japan had intended to and succeeded in mimicking Western growth. Moreover, the Japanese were well-known for their diligence, discipline, perseverance, and hard work – this resulted in substantial economic development including increased shipping of commodities and a significant expansion of trade and handicraft industries. However, the political elite pocketed most of the profits through influence and corruption. Workers and farmers found it unfair that their patriotic and back-breaking labour only received a little wage in comparison, but with a state-controlled media and education system, they couldn’t make their voices heard. So overall, this collective and nationalistic open-mindedness for communal prosperity was beneficial for Japan as a whole, but the common people were disadvantaged with no access to basic human rights and a fair

The strengths of the Japanese state compares with the strong Western states are vaguely similar, with Japan once having a democratic constitution like the United States (due to the fact that the United States wrote it) that gradually evolved into a monarchy that stood more so as a symbol of the nation, like the United Kingdom. Weaknesses of the Japanese state include a large variety of economic issues, with it being the weakest on the failed State Index. Despite this, however, the country is the third-largest economy in the world.

Showa: The Japan of Hirohito, edited by Carol Gluck and Stephen R. Graubard, seeks to find the answers to many questions that are commonly asked about Japan and its history. As stated in the title, this book focuses on the Hirohito era in Japanese history from 1926 to 1989. In the Introduction, Gluck states that there were two main issues for Japan in the twentieth century, “how Japan came to aggressive war and then to macroeconomic might” (xi). The unstable relationship between Japan and the United States is also an underlying theme of the book. The three chapters to be examined in this paper are, “The Useful War,” “The People Who Invented the Mechanical Nightingale,” and “Japan Meets the United States for the Second Time.”

The United States of America is one of the world leading economic powers in the world. The question is, how does the Unites States compare to other nation powers.Australia ,Cananda , China and Britain are just a few of the nation powers that can compare to the United states. This report will focus more one of the main rivials to the United States and that is Japan. Here is just a sample of Japans Numbers for 2004 compared to the United States. Unite States GDP growth is 4.30% ,unemployment is 5.60% and Inflation Rate is 1.90%. In Japan the GDP growth is 4.50% , unemployment is 4.60% and Inflation Rate is -.04%. . I think this is an important perspective because we really do live in a global

It is common knowledge that Japan has some of the strictest laws and policies on immigration. What is not commonly known though, is that Japan's population is currently in decline and with that country's workforce is predicted to shrink by a surprising 8 million by 2030 and 40% the population to be 65 years old or older by 2060 as predicted by forecasts (McCurry, 2015). To combat this problem Taro Kono, a chairman of the National Public Safety Commission in Japan, has strongly suggested loosening the policies to make immigration more appealing to foreigners. He believes that it could increase the GDP from 490 trillion to 600 trillion, which would essential save the country from its steady decline (Yoshida,

In 1868, provincial rebels overthrew the Tokugawa Shogunate in Japan and the new leaders called the regime the “Meiji Restoration.” This was just the beginning for soon-to-be modernized Japan. A stronger military, new ideas, technology, and laws would be all used to transform Japan into a modern industrial nation. Because of these, modernization had a great effects on Japan’s society and the nation as a whole from 1850 to 1950. One effect modernization had was strengthening international presence and relations for Japan as a whole. This helped to keep them active on global terms and impacted them in a positive manner. Another effect modernization resulted in was the transformation of the internal society of Japan. The changes in the society all provided great benefits for Japan.

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.

     Over the past fifty years Japan has seen significant changes in all aspects of its society and the way it interacts with the outside world. For example, despite suffering a defeat in World War II, Japan soon became one of Asia’s greatest economic powers. In Japan in Transformation, 1952 - 2000, Jeffrey Kingston focuses on various aspects of change in Japanese society and politics in the period after World War II. These include the effect of the US occupation, analysis of postwar politics, the economic boom, changes in demographics, the treatment of women, and foreign policy and security issues.

The Japanese economy, the 2nd largest in the world, accounts for 7.1% Global World GDP, at US$4.6 triliion and a per capita income of approximately US$33,550 (World Bank 2006). As a result of globalisation, literacy levels are at 99% and the general living standards of the

South Korea and Japan have had a close relationship from ancient history to the present day. Because of this reason, their economic growth and development have similarities and disparate differences. This paper will discuss some of the two countries’ major characteristics including geographic, social, and political characteristics and look at their histories and economies.

Chapter 8: International Strategy ---- P&G Japan: The SK-II Globalization Project (written by Christopher A. Bartlett)

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.

This report has been prepared for Fonterra which recommends the most appropriate entry mode, international strategy and human resources approach to enter the Japanese market, with an assessment of ethical issues they should be aware of.