Welcome to Japan Watching

"The Japan That Can't Decide"

So what's wrong with Japan?  It may all be summed up in the title, "The Japan That Can't Decide", of a new book by Kevin Maher.  This work distills the wisdom of his 30 years' experience working for the US State Department, most recently as its Director of the Office of Japanese Affairs.

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From financial to nuclear crisis

As Japan tries to pull itself out of the depths of its nuclear disaster, it is instructive to draw a few comparisons with the global financial crisis.

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Japan's tough times ahead

Japan's future looked pretty bleak even before it was struck down by the triple crisis of earthquake, tsunami and nuclear disaster.  Right now, its future looks even more bleak.

But in the darkest hour, there is always a light at the end of the tunnel.  This is the moment to forge ahead and create a full fledged East Asian Economic Community which has the potential to create a much brighter future for Japan and the rest of East Asia.

Let's examine the situation.

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Yen: which way next?

Foreign exchange markets pushed the yen up in the immediate aftermath of Japan's triple disaster of earthquake, tsunami and nuclear problems.

We believe that the yen should go down, not up, in the face of these problems.

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Japan’s sex industry

Every country has a sex industry.  Japan’s is unique by its size, cultural acceptance and links with the Japanese mafia.  It is also unique by the scale of human trafficking for sexual exploitation which the government has never been sufficiently serious about tackling.  

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Bypassed by international trade deals

This year Japan is playing host to the meetings of the Asia Pacific Economic Cooperation group.  APEC is of course the region’s leading talk shop for trade and investment.  One big problem: Japan is increasingly letting itself be bypassed in regional trade deals.

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