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Japan On Its Way To Be The World's Largest Economy - College Term Paper

Japan On Its Way To Be The World's Largest Economy



Japan has performed a miracle. The country's economic performance
following its crushing defeat in World War II is nothing short of astounding.
The economic expansion of Japan is second to none. All of the elements are in
place for Japan to continue increasing its share of the world's wealth as
America's gradually declines. The country is on track to becoming the world's
largest economy. How did Japan do it? There are many theories and studies that
have traced the Japanese miracle without success. The answer to the mystery can
be found by examining Japan's culture, education, and employment system. Japan's
success is not just a case of good technique and technology in business, but a
real ...

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its
effectiveness."1 "Among the Japanese, there exists an instinctive respect for
institutions and government, for the rules of etiquette and service, for social
functions and their rituals of business. Japan is a traditionally crowded island,
the people are forced to share the limited space with each other and to live in
harmony.. The Japanese are very protective of their culture. They are very
conservative to outside intrusion. Their distinctive ways are a source of pride
and national strength."2 Japan's striving for purity is very different form a
North American idea of open doors and diversity as strength. Japan is relatively
closed to immigration to outside countries. However, this feeling of superiority
does not stop them from being careful. "This is probably because the Japanese
know their economic house is on shaky ground, literally. Japan is eternally at
nature's mercy, vulnerable to the sea that surrounds it, to earthquakes of the
soil beneath it and a real shortage ...

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others. The culture that Japanese people are brought up in causes them to
recognize that they have to work together to succeed. Only harmony will provide
improvement. This development of the human nature and attitude relates directly
to Japan's business practice and provides a basis for good business relations.

Japan's education system has grabbed the world's attention as it is
specifically designed to teach the children skills and aptitudes to give them an
edge in the business world. "The educational system, based on the principle of
full equality of educational opportunity, is widely recognized as having greatly
contributed to the prosperity of Japan by providing a highly qualified ...

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Japan On Its Way To Be The World's Largest Economy. (2004, August 11). Retrieved March 28, 2024, from http://www.essayworld.com/essays/Japan-Its-Way-Worlds-Largest-Economy/12522
"Japan On Its Way To Be The World's Largest Economy." Essayworld.com. Essayworld.com, 11 Aug. 2004. Web. 28 Mar. 2024. <http://www.essayworld.com/essays/Japan-Its-Way-Worlds-Largest-Economy/12522>
"Japan On Its Way To Be The World's Largest Economy." Essayworld.com. August 11, 2004. Accessed March 28, 2024. http://www.essayworld.com/essays/Japan-Its-Way-Worlds-Largest-Economy/12522.
"Japan On Its Way To Be The World's Largest Economy." Essayworld.com. August 11, 2004. Accessed March 28, 2024. http://www.essayworld.com/essays/Japan-Its-Way-Worlds-Largest-Economy/12522.
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PAPER DETAILS
Added: 8/11/2004 09:42:00 PM
Category: Economics
Type: Premium Paper
Words: 1964
Pages: 8

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