written in November of 2004 for a Japanese magazine called "Wordsworth"
The Japanese economy hasn't been as robust as it was several years ago. Though still experiencing some growth in its gross domestic products, there has been a steady decline in the percentage of such growth. Despite this fact though, Japan remains the world's second largest economy, and to me that says a lot. To me, it indicates resilience in the face of challenges. It shows strength of character as a nation. It signifies determination against adversity.
But recently, the economy has encountered several obstacles over the past few years. And several questions have come up to confound the country's economic state. These are questions that needed purposeful pondering--questions that needed serious answering.
Can Japan's economy rise up again? How will she fare against other Asian and global economies? Will she be able to maintain her international status?
Land of the rising sun
I've always had Japan in my peripheral view, being one of my Asian neighbors and all. As a country, it has always been interesting and intriguing to me because of its cultural identity, rich history and economic prosperity. I believe these are also the same reasons why Japan is known the world over.
Throughout the years, I have come to know the "land of the rising sun" as an inventor and innovator of electronic and high technology equipment, a producer of imaginative and artistic movies, and as one of Asia's more prominent and powerful countries.
Lately though, circumstances compelled me to give Japan a deeper, more thorough look and I found out there was so much that I didn't know about her.
Global niche
Japan has a distinctive global niche. Being the second most technologically powerful economy in the world certainly warranted that. It is something other Asian countries can't say they have, yet. As I learned this for myself, I also discovered that one of the country's advantages in the international market is its ingenuity in the technology industry, particularly in the areas of electronics (computers and such) and robotics (with reports saying Japan possesses 410,000 of the world's 720,000 working robots). Another area of prominence, although not exclusive to your country, is the car manufacturing industry, which is also one of your major exports. With manufacturers like Toyota, Mitsubishi and Nissan, moreand more people are demanding automobiles from Japanese productionlines.
And then there's your film industry, which I particularly like! Japanese movies have often gained global acclaim because of their artistry and imaginativeness. Directors like the late Akira Kurosawa, actors like Academy Award nominee Ken Watanabe, and films like 'Zatoichi' and 'Ju-On' have helped bring Japan to the international limelight.
These are but some of the facets that contribute to Japan's global popularity.
Asian perspective
In Asia, I see that things are looking better for Japan as compared to her neighbors. Yes, China is fast becoming an economic giant; yes, India is fast becoming the region's information technology hub; and yes, North Korea is about to go mega-nuclear (I hope not!), but Japan has already gained global reputation--economically, technologically and culturally--way ahead of other Asian countries. It's something your country has enjoyed shortly after the end of the Second World War.
Politically, there may be some Asian country that's not quite in agreement with Japan, but it's nothing a good round table discussion can fix. As far as I know, your country has been friendly with her neighbors--past excluded (let's not go there). Economically, it is apparent that Japanese transactions within Asia have met much success. Speaking from where I am (Cebu, Philippines), I know this for a fact.
In my city, a lot of Japanese-owned businesses have flourished. In recent months I've even noticed the proliferation of Japanese restaurants, convenient stores, and the like flocking in a single district. Throughout my country, there has also been big Japan-based companies that have set up shop here and have not only helped generated jobs but also, I believe, nurtured Japan's relationship with the Philippines in some way.
However, there is one thing I think you need to work on for you to become more competitive in the region. Japan as a nation needs to be more proficient in the use of English as a medium of written and oral communication. Case in point: Call center jobs. A lot, if not majority, of call centers establish businesses in countries like the Philippines, India and even China because many people in these nations have exercised the common use of the English language. It is also
important in dealing with foreigners--businessmen or not. If this is adapted in Japan, I know the country would be even more competitive in the Asian region and in the world, more businesses would now be looking to your shores to invest. Imagine what that would do for your economy.
And that brings us to the main question here.
Revitalization
Back in June this year, Prime Minister (PM) Junichiro Koizumi presented policies for structural reforms in economic and fiscal management, saying Japan has made a breakthrough from its long economic stagnation. In that statement made by the PM, he said that the government will work intensively and concentrate its effort on economic revitalization.
I believe this is an indication of change. And it's a good thing because what Koizumi and the government is doing is equivalent to giving cardio-pulmonary resuscitation to an unconscious person (okay, my analogy is rather extreme, but you get the idea).
That statement ended with PM asking for understanding and cooperation from the people of Japan--something I know isn't really a stretch for you guys since you do have that sense of "keiretsu", which hopefully will increase to a national level.
Will Japan see better days? Will her economy recover? Will there be another Ju-On sequel?
The sun will rise again
Japan has had a long history of economic success. And although there has been a decline in the annual growth rate, growth has been maintained nonetheless. What the government, economists and the business sector should do (perhaps they're doing this already) is to learn from the country's past, both the recent and ancient. Assessment should be made on the nation's strengths and weakness and acquire new insights from them so they can be applied to the state of the economy.
You have a strong export market, while at the same time investors still come to your country to establish businesses. Japan has already established itself and proven its capabilities as a nation not only to the whole of Asia but also to the entire world.
The global community has seen Japan's resilience and determination in the face of adversity time and again. We've seen how you've managed to pick your nation up from disasters like earthquakes and storms. We've seen you at your best in whatever field of endeavor you are in.
These are the characteristics of a winner. These are the characteristics that Japan has. I for one believe that with this on your side, your country will recover and rise up again, and even reach greater heights of success.
I know it is only a matter of time.