OSIPP / Osaka School of International Public Policy, Osaka University Japan’s Postwar Economy 2 Japan’s Postwar Economy 2 Toshihiko Hayashi

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OSIPP / Osaka School of International Public Policy, Osaka University Japan’s Postwar Economy 2 Japan’s Postwar Economy 2 Toshihiko Hayashi Osaka School of International Public Policy Osaka University

OSIPP / Osaka School of International Public Policy, Osaka University Post Bubble Deflation ■ Post Bubble Deflation

OSIPP / Osaka School of International Public Policy, Osaka University Number of Banks Failed ■ Number of Banks Failed

OSIPP / Osaka School of International Public Policy, Osaka University Towards a New Economy ■ 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

OSIPP / Osaka School of International Public Policy, Osaka University Kansai ： People, Culture and Economy

OSIPP / Osaka School of International Public Policy, Osaka University Kansai

OSIPP / Osaka School of International Public Policy, Osaka University ■ Map of Kansai

OSIPP / Osaka School of International Public Policy, Osaka University ■ Natural environment ◆ Area = 27,000 square kilometers ◆ Woody mountains, flat land and sea ◆ Population = 20 million ◆ Clear four seasons

OSIPP / Osaka School of International Public Policy, Osaka University ■ Infrastructure l ◆ Airports: Kansai Osaka (Kobe) l ◆ Seaports: Kobe Osaka Sakai l ◆ Highways and road l ◆ Public transportation l ◆ Underground towns ◆ Telecommunications

OSIPP / Osaka School of International Public Policy, Osaka University ■ Tale of Three Cities ◆ Osaka CBD of Kansai ; Merchant City ◆ Kyoto Historic and Innovative ◆ Kobe Gateway to Heaven

OSIPP / Osaka School of International Public Policy, Osaka University ■ 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

OSIPP / Osaka School of International Public Policy, Osaka University ■ GDP by Countries (1996)

OSIPP / Osaka School of International Public Policy, Osaka University ■ Output by Regions (1995)

OSIPP / Osaka School of International Public Policy, Osaka University ■ Industrial Structure

OSIPP / Osaka School of International Public Policy, Osaka University ■ People in Kansai and Tokyo ◆ Individualism / herd behavior ◆ Casual / formal ◆ Fun loving / austere ◆ Pragmatic / authoritative ◆ Price speaks / quality speaks ◆ Money making admired / achievement respected

OSIPP / Osaka School of International Public Policy, Osaka University ■ Business Ideas from Kansai 1 ◆ Asahi Newspaper, Mainichi Newspaper ◆ Sumitomo bank, Sanwa bank ◆ Textiles ◆ Pharmaceutical ◆ Electric Appliances ◆ Whisky ◆ Prefabricated Houses ◆ Supermarket

OSIPP / Osaka School of International Public Policy, Osaka University ■ Business Ideas from Kansai 2 l ◆ “Terminal” Department Store l ◆ Moving Service l ◆ “Cupsule” Hotel l ◆ Sushi Carrousel l ◆ Futures l ◆ Instant Ramen l ◆ Kansai Through

OSIPP / Osaka School of International Public Policy, Osaka University ■ Small Businesses in Kansai l ◆ Bicycles (Sakai) l ◆ Blanket (Izumi-Otsu) l ◆ Artificial Pearl (Sakai) l ◆ Tools (Higashi-Osaka) l ◆ Carpet (Sakai) l ◆ Thermos

OSIPP / Osaka School of International Public Policy, Osaka University ■ Some Recent Ventures ◆ Computer Software Nintendo, CSK, ASCII, Capcom ◆ Personnel service Pasona ◆ Entertainment Yoshimoto, Shochiku, Movie ◆ Business matching VentureLinks

OSIPP / Osaka School of International Public Policy, Osaka University ■ 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

OSIPP / Osaka School of International Public Policy, Osaka University ■ New Business Model ◆ Deregulation Banking, communications, energy ◆ Privatization JR, NTT West, Postal saving (?) ◆ Decentralization Public works, project development ◆ Value for Money Private Finance Initiative

OSIPP / Osaka School of International Public Policy, Osaka University ■ 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

OSIPP / Osaka School of International Public Policy, Osaka University Welcome to Kansai ! Toshihiko Hayashi OSIPP, Osaka University