Faithin Omaha eBook Collection

Download or read book Stealth Japan written by Scott Foster and published by FiReBooks. This book was released on 2016-11-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan is the world's third largest and second most sophisticated economy, accounting for nearly 10% of global economic activity. It has the lowest unemployment rate among leading industrial nations and, at the same time, a large and growing manufacturing presence around the world. Yet it has frequently been portrayed as an economic basket case - an Asian Greece or Argentina - on the verge of collapse and threatening to take down the world economy with it. This view of Japan is wrong - so wrong that it calls into question the editorial policies of Western media and the ability of those who rely on its reports to develop an accurate understanding of global economic trends. Unlike China, Japan has a modern, well-established legal system that protects contracts and intellectual property. Forced technology transfers are a thing of the past and no government policies have prevented Apple from taking nearly half of Japan's cell phone market and Android from taking most of the rest. Apple, Oracle, Salesforce.com and other American high-tech companies are doing very well in Japan, while the trade debate in the U.S. is still dominated by the complaints of automakers who have never made a serious effort to penetrate the Japanese market, and ranchers. A Stealth aircraft is invisible for two reasons: superior design and obsolete radar. In the case of the Japanese economy, myopic or editorially prejudiced journalism and economic commentary are the "obsolete radar." Stealth Japan: The Surprise Success of the World's First InfoMerc Economy aims to correct misperceptions of Japan's seriously underestimated economy and bring the discussion of its national business model up to date.