Japan: Breaking a Wave of Economic Collapse (Part 1)

January 21, 2013

Japan’s post-World War Two economy has always been described as one of the most robust and progressive of the modern era. However, recent political troubles, volatile economic circumstances, and natural disasters have forced a more critical examination of the future of Japan. The great Mount...

Japan: A Sinking Economy in the Land of the Rising Sun (Part 3/3)

January 14, 2013

In the last part of this series, Vaclav Smil further discusses the rise and fall of many of Japan’s famous manufacturing companies in the light of Japan’s economic performance over the past two decades In 2007 Japan’s global trade surplus reached about $83bn and despite the subsequent...

Japan: A Sinking Economy in the Land of the Rising Sun (Part 2/3)

January 06, 2013

Vaclav Smil discusses Japan’s economic challenges with particular reference to the rise and fall of many of its famous manufacturing companies. Domestic debt ownership has obvious advantages. Above all it allows the country's government finance to be isolated from the outside world and to keep...

Japan: A Sinking Economy in the Land of the Rising Sun (Part 1/3)

December 19, 2012

After two decades of relative decline, decision makers in Tokyo need to tackle serious reforms to boost Japan’s economic system. This is the first part of a series perusing the country’s economic challenges. "Adding insult to injury" sounds like a lawyerly phrase compared to its painfully...

Japan Election: At the Crossroads

December 18, 2012

Japan is at a crossroads. The next Prime Minister, Shinzo Abe, must consider serious reforms in order to tackle Japan’s enormous challenges. By Felix Steinle and Kira O'Sullivan Background With an overwhelming majority of  325 out of 480 seats, the Liberal Democratic Party...