Contemporary Japan

Paper Summary:

This paper examines B. Emmott's article in The Economist explaining how Japan is 'alive' and on the upswing. However, the writer mentions that Emmott minimized a number of important factors to do with foreign policy, regional relations, anti-Japanese sentiment, and sharp changes within Japan as it now features homelessness and poverty. Also, the writer notes that matters of Japan's militarization are minimized. The paper refers to various course materials and others to indicate the importance of what Emmott excluded. Further, this paper explains the soundness of The Economist's optimistic summary, in relation to weaknesses in the economy to be overcome.

From the Paper:

"In the autumn of 2005, Bill Emmott, the editor of The Economist, asserted that Japan is back on course after a difficult decade following the 1990 crash in stock and property markets, a high debt load, plus different corruption scandals, government deficits and stagnant growth. Emmott continued that those who see Prime Minister Koizumi's reform as promising are over-powered by those who see large problems and little promise of full economic recovery."

More papers on Contemporary Japan :

• Book Review # 9497 : "Day Laborers of Contemporary Japan"
• Research Paper # 27068 : "Popular Culture in Contemporary Japan"
• Research Paper # 67381 : "Japan and Southeast Asia"

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