The Unraveling of Japan Incorporation Multinational Corporation as Agents of Change By Tedja Santanoe Oepomo
Oepomo2 Summary This manuscript analyzes how overregulated domestic market in Japan has fractured the alliance of economics interest in Japan & its multi-corporations. The reasons are the impact of globalization, high yen, and the maturing of Japanese economy.
Oepomo3 Analysis The domestic low productivity and growth due to overregulated market place at home are not favorable for and can not be tolerated to the Japanese corporations’ interest. These corporations must follow new directions to survive instead of Tokyo fracture groups of politician, bureau crates, & businessmen
Oepomo4 Analysis Continue Japan economic success was based on a belief that what was good for Japanese corporations was also good for Japan. Domestic manufacturing capacity will continue to loose competitiveness, a trend that is due to globalization, transfer of technology and skills aboard.
Oepomo5 Conclusions Corporate flight from the national nest is just another evidence – if a faster one – by which Japan’s economy is maturing. What all these transformations mean for U.S. policy toward Japan? If it is difficult to alter Japan’s fundamental economic structure at the negotiating table, then the market place is a much better forum.