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Japan and Labour economics

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 recognition and development of the necessary human skills.

A better understanding of the Japanese society provides the framework to

understanding the workings of Japanese business (and possibly the Japanese

mind.) The ways of the Japanese provide a foundation for their economic

adaptability in modern times. Japan is a culture where human relations and

preservation of harmony are the most important elements in society. "It is

their sense of identity and destiny which gives their indust


effectiveness."1 "Among the Japanese, there exists an instinctive respect for

does not stop them from being careful. "This is probably because the Japanese

necessary human skills. The East has borrowed heavily from the West in improving

students attend elementary and secondary school six days a week and for two

countries employment system. The system is very complex and has many hidden but

message is clear: Japan is always vulnerable, we must protect her. "Obsessed

the size of the work force in hard times. "While Canadian companies emerged from

the importance it holds for one's future is stressed early."9 This emphasis

Japanese manufacturers can concentrate all their creative talents on the far

conservatism and conformity."20 A modern economy is argued to "need creative

preparatory schools, in the evenings and on Sundays. In higher education, while

when "in the first four years of this decade, Japanese exports soared by 32

Japanese history and culture and consider applying them in its own organizations.



Some common words found in the essay are:
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Approximate Word count = 1795
Approximate Pages = 7 (250 words per page double spaced)


  

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