Presentation for the Japan International Cooperation Agency (JICA) tailored to a delegation from the Papua New Guinea education ministry visiting western Japan for technical training subsidized by the Japanese government. Focus on Japanese people, society, economics, energy and other issues.
2. Geography & climate
Regions of Japan (photos)
Population (demographics) & foreigners in Japan
Family structure & religions
Economic issues:
The yen, cost of living, saving vs. consuming
International trade, exports vs. imports
Taxes and distribution of wealth
Deflation vs. inflation expectations
Abenomics: monetary, fiscal, structural policies
Energy issues
More deeply into Japanese society
Ways of thinking
Social behavior & relationships
Conclusion: Japan’s lessons for developing countries / Q&A
6. OSAKA
Big Issue Stall – Osaka Station by GanMed64,
2011, CC BY 2.0 https://flic.kr/p/aGkhiz
7. HIROSHIMA: Peace Memorial by
Stripy T-Shirt, 2004, CC BY-SA 2.0
https://flic.kr/p/2fuzj
NORTHEAST JAPAN
earthquake/tsunami:
Volunteer at Kesencho,
Rikuzentakata by Hajime
Nakano, 2011, CC BY 2.0
https://flic.kr/p/aGC8ia
10. Japanese Society - 1
• Population structure
• Family structure
• Religions
11. Demographic shift, its reasons, & difficulty of solutions
“6 out of 10 respondents said the biggest reason for
having fewer children than they really want is that
‘it costs too much money to raise & educate children’.”
From https://japanforum.nbr.org/scripts/wa.exe?A2=ind1307&L=list&F=&S=&P=70494
13. 伊勢神宮 外宮別宮 月讀宮 - Tsukiyomi no miya (Geku of Ise Grand Shrine)
by Tamago Moffle, 2010, CC BY-SA 2.0 https://flic.kr/p/7QLJKP
14. NARA: 法隆寺 Horyuji temple by ume-y, 2013, CC BY 2.0 https://flic.kr/p/eSekCB
15.
16. Japan and the global economy
Stable cost of living, saving vs. consuming
Employment, working conditions, part-timers increasing
International trade, exports vs. imports
Distribution of wealth, social safety net, taxes
Inflation policy and consumption tax increase discussed at:
http://www.etftrends.com/2013/08/wisdomtree-japanese-inflation-the-yen-and-tax-policies
Deflation vs. inflation expectations. Who benefits from which?
Low interest rate policy, yen carry trade, investing abroad
Overseas Development Assistance (ODA): http://www.mofa.go.jp/policy/oda
Next slides:
What is the role of the yen in the world money supply?
Is Japan a huge debtor or a huge creditor nation?
Does weakening the yen help the overall economy?
Abenomics: financialization of the Japanese economy?
17. The total amount of Japanese yen in the world money supply
is nearly as much as the US dollar or the euro, so yen flows
have a major impact on the global economy. See the chart at:
http://dollardaze.org/blog/?page_id=00023
18. Although Japan’s national debt is the world’s largest, very little
of it is owed to the outside world. Japan continues to be the
world’s largest creditor country, earning steady income. From:
http://blogs.wsj.com/japanrealtime/2013/05/28/japan-worlds-largest-creditor-nation-for-22nd-straight-year
19. Weakened yen & purchasing power
“The yen has fallen nearly 25% against the US dollar since
November 2012, as policymakers unveiled a series of aggressive
measures to revive growth.”
“A weak yen has its advantages as well, the biggest one being that
it makes Japanese goods cheaper for foreign buyers. That helps to
boost exports - one of the key drivers of Japan's economic growth.”
“… shipments from Japan rose 12.2% in July, from a year ago,
the fastest pace of growth since December 2010.”
“Exports to China, Japan's biggest trading partner, rose by 9.5%
from a year earlier, compared with 4.7% growth in June.”
“Meanwhile shipments to the US jumped by 18.5% from a
year ago, up from a 14.6% rise in the previous month.”
BBC News, 19 August 2013, from:
http://www.bbc.co.uk/news/business-23751029
20. Abenomics: 3 arrows of monetary, fiscal, and structural policy.
It has started mostly by having the central Bank of Japan print
more money, weakening the yen. Are leaders giving up on the
real economy in favor of financialization, or will fiscal stimulus
work, and will structural reforms overcome special interests?
21.
22. Japan still depends on imported non-renewable energy.
Increased fossil fuel consumption since 2011 nuclear shutdowns.
23. Japan has avoided energy shortages even after 2011, but its energy
efficiency ranking has dropped to 4th: http://japanfocus.org/data/scorecard_dewit.JPG
Can government policy successfully promote renewable energy?
Source: Ministry
of Economy,
Trade & Industry
http://www.meti.go.jp/english/policy/energy_environment/renewable/ref1002.html
24. Japanese Society
• Traditions & new attractions
• Gradually changing values
• The Lonely Crowd
–Difficult to meet strangers
25. Japanese ways of thinking
• Other-oriented values
• Individual and peer group
• Concept of time
• Environment and nature
• Status and hierarchy
• Male-female differences
• Importance of age
• Reasons for many suicides
• Human relations most important
26. Social behavior & relationships
• Levels of social distance
– Intimate circle, face relations, strangers
• Politeness, indirectness, formality
– Avoiding confrontation
• Inside and Outside
– uchi & soto, honne & tatemae
– Private self (reserve) & public self (restraint)
• Many Obligations: gimu, on, giri
• Balancing give & take of gifts & favors
– Symbolism of gifts and objects