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Japan’s Postwar Economy 2

Japan’s Postwar Economy 2. Toshihiko Hayashi toshihiko@hayashiland.com http://www.hayashiland.com Osaka School of International Public Policy Osaka University. ■ Post Bubble Deflation. ■ Number of Banks Failed. ■ Towards a New Economy. ◆ Structural Change

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Japan’s Postwar Economy 2

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  1. Japan’s Postwar Economy 2 Toshihiko Hayashi toshihiko@hayashiland.com http://www.hayashiland.com Osaka School of International Public Policy Osaka University

  2. ■Post Bubble Deflation

  3. ■Number of Banks Failed

  4. ■Towards a New Economy • ◆Structural Change 　・Political System, Government Reform, Industrial Restructuring • ◆New Sense of Direction 　・Social Concern and Participation, Private Initiative • ◆New Economy 　・Information Technology, Quality of Life, Environment, Welfare, Sustainable Growth

  5. Kansai： People, Culture and Economy

  6. Kansai

  7. ■Map of Kansai

  8. ■Natural environment • ◆Area = 27,000 square kilometers • ◆Woody mountains, flat land and sea • ◆Population = 20 million • ◆Clear four seasons

  9. ■Infrastructure • ◆Airports: Kansai Osaka (Kobe) • ◆Seaports: Kobe Osaka Sakai • ◆Highways and road • ◆Public transportation • ◆Underground towns • ◆Telecommunications

  10. ■Tale of Three Cities ◆Osaka CBD of Kansai ; Merchant City ◆Kyoto Historic and Innovative ◆Kobe Gateway to Heaven

  11. ■Kansai Economy • ◆World’s seventh largest country • ◆Japan’s second largest region • ◆Industrial but increasingly service oriented • ◆Small and medium size enterprises • ◆Relative decline and potentials

  12. ■GDP by Countries (1996)

  13. ■Output by Regions (1995)

  14. ■Industrial Structure

  15. ■People in Kansai and Tokyo • ◆Individualism / herd behavior • ◆Casual / formal • ◆Fun loving / austere • ◆Pragmatic / authoritative • ◆Price speaks / quality speaks • ◆Money making admired / achievement respected

  16. ■Business Ideas from Kansai 1 • ◆Asahi Newspaper, Mainichi Newspaper • ◆Sumitomo bank, Sanwa bank • ◆Textiles • ◆Pharmaceutical • ◆Electric Appliances • ◆Whisky • ◆Prefabricated Houses • ◆Supermarket

  17. ■Business Ideas from Kansai 2 • ◆“Terminal” Department Store • ◆Moving Service • ◆“Cupsule” Hotel • ◆Sushi Carrousel • ◆Futures • ◆Instant Ramen • ◆Kansai Through

  18. ■Small Businesses in Kansai • ◆Bicycles (Sakai) • ◆Blanket (Izumi-Otsu) • ◆Artificial Pearl (Sakai) • ◆Tools (Higashi-Osaka) • ◆Carpet (Sakai) • ◆Thermos

  19. ■Some Recent Ventures ◆Computer Software Nintendo, CSK, ASCII, Capcom ◆Personnel service Pasona ◆Entertainment Yoshimoto, Shochiku, Movie ◆Business matching VentureLinks

  20. ■Projects under way • ◆Osaka-dome ball park (completed) • ◆Akashi Strait bridge (completed) • ◆ Second runway for KIX • ◆ World cup soccer of 2002 • ◆ Universal Studio Japan (completed) • ◆ International Convention Center • (completed) • ◆ Reconstruction projects in Kobe • ◆ Urban redevelopment projects

  21. ■New Business Model ◆ Deregulation Banking, communications, energy ◆ Privatization JR, NTT West, Postal saving (?) ◆ Decentralization Public works, project development ◆ Value for Money Private Finance Initiative

  22. ■Kansai Potentials • ◆ Cultural heritage • ◆ Cyber society in natural environment • ◆ Big market • ◆ Production base • ◆ Gateway to South East Asia • ◆ Free market tradition • ◆ Open to new ideas

  23. Welcome to Kansai ! Toshihiko Hayashi OSIPP, Osaka University http://www.hayashiland.com

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