Peace building and peace preservation are new key concepts in Japanese foreign aid policy. According to the revision of the ODA charter in 2003, the objective of Japan’s foreign aid is to contribute to the peace and development of the international community, and thereby to help ensure...

Cambodia is facing the familiar problem of achieving sustained rates of economic growth that could help it alleviate widespread poverty. Against the background of some encouraging developments, and quite a few that are not equally reassuring, we argue that any push for development needs to...

This paper reviews the reasons why Japan has failed to resolve the economic and financial distress that started in 1990 with the collapse of asset prices despite many efforts to stimulate the economy and redesign the financial system. Why has recovery not yet occurred, and is Japan in a second...

Three major economic regions exist in China Pearl River Delta (PRD), Yangtze River Delta (YRD) and Bo Hai Rim (BHR) and have number of important and striking similarities. The success of regional innovation systems in China has its roots in the following three factors. First, the central...

The development of newspapers in Japan and Sweden follow radically different paths. The newspapers fulfilled quite different roles in the two countries and were to an extensive degree reflecting the societies in which they were produced. This paper will start by giving a short overview of the...

A substantial literature has grown up around the issue of how inward direct investment affects host countries. On almost every aspect of this question, there seems to be a wide range of empirical results in academic literature, and little sign of convergence. It is our purpose here to try to...

Two losing teams in mobile telecommunications entered into loose talks in the summer of 2000 to join forces – for Ericsson to cut its dreadful losses and for Sony to re-enter the global arena in mobile handsets. Serious discussions followed by the end of the year, although real planning for a...

Analysis of Japanese corporate law reveals a striking amount of formal institutional change in the past ten years, occurring at an ever-accelerating pace. This feature of law reform can be traced to a heightened awareness of the organizational straightjacket imposed on Japanese firms by the...

This paper examines the origins and dynamic evolution of the lifetime employment system in Japan from the beginning of the 20th century to present. Based on the historical perspective developed in the paper, we derive implications to the future course of the Japanese employment system. In this...

Amakudari, or the reemployment of the officials retired from the government into senior management positions in private companies, is one of the informal institutions most frequently mentioned in the literature of Japanese political economy. However, few studies have examined it systematically....