How Japan is affected by globalization

How Japan is affected by globalization

Although Japan is widely known for its traditionalism and ritualism globalization and related trends have affected it over the last 20 years . The main segments of state life , influenced by globalization are business and economy , social life and politics . In the 1950s-1960s Japanese economy was to great extent isolated from international trade after the establishment of government organization Japanese model of management was developed , so that the view on business in this country differ tremendously from those in the United States and Western Europe (Carte and

Fox , 2004 . It needs to be noted that before globalization japan had extremely strong government industry , which satisfied practically all needs of domestic population and allowed sustainable export of technological products and motor vehicles into the neighboring countries (Brislin , 1981

As Carte and Fox state , the liberalization of international current transactions and capital transactions advanced after Japan acceded to the Organization of Economic Co-operation and development in 1964 Meanwhile , the liberalization of short-term money markets and capital markets , which leads to the lifting of bans on lending and borrowing in foreign currency , was delayed about 20 years and progress was finally achieved in the late 1980s (Carte and Fox , 2004 ,

.328 . The same course of development was used for international trade and the inflow of offshore assets into Japanese industries , in addition , the privatization of government industries that began in the late 1970s , has led today to the engagement of foreign business into local market competition as well as to the penetration of transnational corporations into the domestic market . Nowadays , with regard to active international cooperation between Japan and Western European countries , the government facilitates and encourages the establishment of foreign businesses in Japan (Brislin , 1986 . The `Japanese miracle ' of the 1960s- 1980s , brought about by the fruitful international cooperation and diplomatic relations between Japan and the Western world became a brilliant example of reasonable consensus between traditionalism in economy (that dominated in post-war period ) and openness to change and acceptance of new business principles (ibid

As for Japanese national culture , it has also experienced a number of modifications and transformations after the beginning of globalization For instance , the national clothing known as kimono was widely used in post-war Japan , but after the beginning of business partnership between the U .S . and Japan , the style has substantially changed , especially after the popularization of European-style casual outfit (Brislin 1986 . National culture if Japan is still supported by certain government programs , as it has today become a sort of `fetish especially in European countries , but it is important to remember that the vestiges of Japanese culture that can be noticed nowadays are nothing more than commercial tool that allows attracting more foreigners . That 's why certain experts assert that national culture has been revived comparing to post-war period , when J-pop , or American popular culture literally became an obsession of `common people (Brislin , 1981 Carte and Fox , 2004

Under the influence of globalization Japanese culture has absorbed a number of...