Take advantage of this unique opportunity to experience the culture and dynamic business environment in Japan!
Japan, it has been said, is a nation of dualities. In the landmark depiction of Japanese culture, The Chrysanthemum and the Sword, the anthropologist Ruth Benedicts describes
the Japanese people as “both aggressive and unaggressive, both militaristic and aesthetic, both insolent and polite, rigid and adaptable.” Economically too, Japan serves as both an
inspiration and a cautionary tale to the world. Its rebirth following the devastation of World War II launched a period of unprecedented economic growth that established Japan
as one of the world’s great industrial powers. Japanese brands, particularly in the automobile and electronics industries, became synonymous with quality and innovation.
Beginning in the 1990s, however, deflation and falling asset prices initiated an economic slump from which Japan has yet to truly emerge.
Yet even with the infamous “lost decade,” Japan ranks among the leaders of the global economic community. It has the third highest GDP in the world, behind only the United
States and China. It is the fourth-largest exporter on the globe. Japanese firms continue to dominate many core industries, especially in the technological sectors. With renewed
government efforts to boost growth and push the economy forward, Japan will likely continue in its role as a mature Asian power, even as China, India, and others ascend.
Although Japan’s future is not completely certain, one thing remains clear: how it shares the Asian stage with other emerging powers will define global economics and geopolitics
for years to come.