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Japan’s innovation struggle
With a growing Chinese presence in Asia, it is crucial for Japan to maintain its position as one of the most technologically advanced countries in the world. To achieve this, the Japanese are likely to tap into their long tradition of rapid modernization. This time, the country will need to develop a more creative approach to management and industrial innovation so as to stay competitive on the global market.
Global trends: TPP holds key for developments in Asia-Pacific
East Asia’s geopolitical future over the next 18 to 24 months will hinge on whether the Trans-Pacific Partnership (TPP) trade pact is implemented as planned. Last year 12 countries – including Japan and the United States, but excluding South Korea and China – concluded talks on the text of the ...
Abe’s canny power plays will shake up Japanese electricity market
Change is coming to Japan’s electricity market along two seemingly contradictory tracks. On one hand, the recent restart of two nuclear reactors signals the government’s commitment to well-connected, entrenched interests. On the other, a push to liberalise the sector will break those interests’ long-held grip on the country’s generation and ...
Shinzo Abe’s ‘third arrow’ set to miss the target of radical reform
Shinzo Abe promised to ‘drill’ into Japan’s vested interests when he announced his growth strategy. But many of the reforms unveiled in June 2014 are vague announcements, far behind the expectations of those who believed that ‘Abenomics’ meant radical liberalisation, deregulation and decentralisation. It appears that the governing Liberal-Democratic Party ...
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