A Quote by David E. Sanger
Until Japan's economy drove off a cliff, there was a running argument in Asia about whether it would be wiser to follow the 'Japan model' - with its megacorporations, jobs for life, state control of strategic industries - or the 'American model' of largely unfettered markets.
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Japan rose from the ashes of World War II as a 'trading state,' the model for export-led growth. It is not clear that the old export model of growth will be sustainable in a more 'balanced' global economy that does not rely so heavily on the U.S. consumer.
Alibaba model is the model that I am supporting in China, in India, and even in Japan.
The ambiguous orientation of Japan drove the country into the position of an invader in Asia.
The sluggish economy is creating a situation where the young people in Japan cannot cherish their desires or have prospects for their future. Also, the decline in Japan's economic capability is resulting in a declining presence for Japan's foreign policy as well.
Accordingly, the duties and mission that I must fulfill are pretty clear: namely, to regain a strong and robust economy, and also to restore Japan's strong foreign policy capability.
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There is no single 'China model' to running a mega-economy. Instead, it is a blend. From the Europeans and the Japanese, the Chinese have borrowed the concept of protecting essential industries.
The election of Shinzo Abe as the leader of Japan's ruling Liberal Democratic party and now prime minister will have profound repercussions for Japan and East Asia. Most western commentary during the premiership of Junichiro Koizumi has been concerned with the extent to which Japan has allowed a freer rein to market forces.
Since ancient times, people from throughout Asia have brought to Japan their talents, knowledge and energy, helping to lay the basis for Japan's existence as a country.
I got to travel to Japan. I never in my life thought I would go to Japan.
I think the free market model of commercial trade openness - this model has undoubtedly shown enormous benefits for nations, for those of us that follow this model, of course.
I want to position myself as a great singer/songwriter in Korea, then jump off that into different markets. South-east Asia, China, Japan - I've done nothing even though I speak four languages - English, Korean, Spanish, and a little bit of Mandarin.
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When evaluating a model, at least two broad standards are relevant. One is whether the model is consistent with the data. The other is whether the model is consistent with the 'real world.'
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