Japan Re-Emerges? - A Discussion of Ulrike Schaede’s New Book

April 30, 2024: Japan Re-Emerges? - A Discussion of Ulrike Schaede’s New Book
Japan’s economy is much stronger than is often thought, due to an ongoing strategic shift to focusing on “Japan Inside” input materials, components and machinery. Rather than decades of just stagnation, over the past 20 years, Japan’s leading companies have undergone a quiet transformation (similar to the U.S. in the 1990s and early 2000s).
The results of this reinvention are now beginning to show, and the stock market already understands this. The slow pace of this transformation was (mostly) a matter of choice, and understanding this choice set and the tradeoffs involved helps pierce through Japanese corporate decision-making today. Professor Schaede’s new book delivers this message to the Japanese audience, under the title “NEW Japan Management: Overcoming the Negativity Bias." Ulrike Schaede and Nikkei journalist Nobuyuki Oishi discussed this book and how Japanese readers are reacting to it.
This Japan Zoominar @ UC San Diego is organized by the Japan Forum for Innovation and Technology at the UC San Diego School of Global Policy and Strategy. For more information on activities, as well as recordings of previous Japan Zoominars, please visit jfit.ucsd.edu/.