Kuritzky Chapter 8: Foreign Direct Investment Closing Case Case Discussion Questions: 1. Why‚ historically‚ has the level of FDI in Japan been so low? The relatively low FDI stock in Japan is partly the result of a history of official inhibitions on FDI. In some industries‚ inward FDI penetration‚ as measured by the share of employment accounted for by foreign affiliates‚ in Japan in fact is on par with the United States. However‚ a large number of "sanctuaries" with almost no foreign involvement remain
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Panasonic and Japan’s Changing Culture Summary Japan is moving towards more individualism than collectivism after the economic bubble. Nonetheless‚ this is a good opportunity for Japan to adapt to the globalization world and be more competitive. The cultural change will lead to greater mobility of employees‚ which means people will move around jobs more than before. As a consequence‚ company loses loyal employees but what they get by recruiting other people is the experiences. When people have
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The Asian Tigers How did they achieve their growth? From the 1960s onwards Taiwan‚ South Korea‚ Hong Kong and Singapore followed similar patterns of development. The development process was supposed to have been started by import substitution. Taxes were placed on imports to discourage their purpose and hence allowing their own primary industry to flourish. However‚ instead they industrialised and developed aiming exports at highly industrialised nations of Europe and North America. All of the
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territorial disputes over the ownership of the islands Senkaku in Japan and Diaoyu in China. Though Japan’s overall exports started declining from last year due to serious damages caused by earthquake and tsunami‚ this territorial dispute has aggravated the situation causing overseas shipments to fall 10.3%‚ compared to last year. Global slowdown‚ especially in Europe‚ was also a contributing factor. Description: Relations between China and Japan have soured in recent weeks resulting from the territorial
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1/9/13 Hikikomori - Wikipedia‚ the f ree ency clopedia Hikikomori From Wikipedia‚ the free encyclopedia Hikikomori (ひきこもり or 引き籠もり Hikikomori‚ literally "pulling inward‚ being confined"‚ i.e.‚ "acute social withdrawal") is a Japanese term to refer to the phenomenon of reclusive adolescents or young adults who withdraw from social life‚ often seeking extreme degrees of isolation and confinement. The term hikikomori refers to both the sociological phenomenon in general as well as to people
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triggers of cultural change in Japan during the 1990s are the followings: The generation born after 1964 had grew up in a richer world where Western ideas affects their thinking and the possibilities seemed greater. Therefore‚ they tended not to be tied to a company for life In 1990s‚ a prolonged economic slump in Japan had leaded to the changes in Japanese firms’ traditional ways of doing business. The cultural change is starting to affect traditional values in Japan: Companies started to fire
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and high reputation. They were starting online businesses in 2000 and stepped forward outside Japan‚ in 2001 opening their first oversea outlets in London UK. As international brand‚ UNIQLO set up their design studio for own products development next year. As of August 2011‚ UNIQLO international had 181 stores including China‚ Taiwan‚ Hong Kong‚ Korea‚ Singapore‚ Malaysia‚ UK‚ USA‚ France and Russia‚ Japan had 843 stores‚ totally 1‚024 stores in worldwide. There are at least 5 major factors of macro-environment
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Japan and China had many contrasting responses to western penetration in the nineteenth century‚ including economic interaction - economically China suffered and Japan prospered‚ Japanese agricultural productivity increased while China’s did not‚ and China only accepted a small amount of goods while Japan accepted a wide range of goods- and political interaction - China went to war but Japan did not‚ Japan adopted western learning styles but China did not‚ and Japan heavily increased taxes on their
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Matsushita Case Phacharakamol Kumpinyo ID: 5529161 Case NO.1: Matsushita 1. Triggers of cultural change in Japan during the 1990s were traditional ways of doing business. In 1990s‚ Japan was encounter with bubble burst of financial crisis (economic slump) then every business unit which were get the problem with crisis must change their business ways as fast as they can to make their business moving on with not crush. Businesses start to lay off worker and reduce business size to smaller and change
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Japan is trying to revitalize its economy with prime minister Shinzo Abe. His strategic economic policy is named “Abenomics”. In relation to globalization‚ Trans-Pacific Partnership (TPP) is a key for the success of Abenomics policy’s growth strategy. TPP is an ambitious free trade agreement between 12 countries‚ including Japan and the U.S.‚ which aims at deepening economic ties and facilitate exchanges between those nations. TTP creates a large economic zone which covers about 40% of GDP in the
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