This article examines the experience of Japan's social insurance permanent disability programs and compares its key features with the Social Security Disability Insurance program operating in the United States. It analyzes the determination and appeals processes in Japan for claiming permanent social insurance disability pensions. Trends in the number of Japanese disability program beneficiaries and benefit expenditures are also discussed.
This paper reviews a bulk of the empirical studies on import demand estimates for Japan which findings are mixed and inconclusive. This review article contributes to the literature in at least two ways: 1. provide a detailed review on the papers which have studied the import demand behavior for Japan, and 2. discuss the issues of import demand framework with reference to Japan, in particular, the determinants of demand for imports. This is a survey paper, which reviews the studies that investigated Japan's import demand behavior in aggregate levels, particularly. This paper concludes that the results of Japan's import demand depend on the model specification and the estimation technique. This paper also reviews the issues, which are related to the candidate determinants of aggregate imp...
The meteoric rise of Japan during the period from the 1950s to 1980s and the subsequent economic woes of the last two decades are well documented. The close alignment between the government and major businesses helped Japan become an economic superpower, while the bursting of the real estate and stock market bubbles about twenty years ago has resulted in Japan struggling to hold on to its second position among the leading economies in the world. The dramatic growth of the economy in Japan was one of the main reasons for the lack of accountability in Japanese government. China's emergence as a global economic power is certainly a threat to many Japanese businesses and Japan-based firms. China is billed to soon dethrone Japan as the world's second biggest economy. Japan must view China as...
The Commission hereby gives notice that it has instituted a review pursuant to section 751(c) of the Tariff Act of 1930 (19 U.S.C. 1675(c)) (the Act) to determine whether revocation of the antidumping duty order on clad steel plate from Japan would be likely to lead to continuation or recurrence of material injury. Pursuant to section 751(c)(2) of the Act, interested parties are requested to respond to this notice by submitting the information specified below to the Commission;\1\ to be assured of consideration, the deadline for responses is March 2, 2012. Comments on the adequacy of responses may be filed with the Commission by April 16, 2012. For further information concerning the conduct of this review and rules of general application, consult the Commission's Rules of Practice and P...
This study extends the work by Tang (2006) to empirically re-investigate the sustainability of Japan's trade accounts by using disaggregated data - her trading regions and countries. The previous study (Tang, 2006) finds Japan's trade balances are unsustainable via aggregate data. Applying the unit root tests with unknown level shifts, this study finds that Japan's bilateral accounts in three of eleven regions and thirteen of twenty eight countries are sustainable.
Sen. Jay Rockefeller, who often says West Virginians have much in common with the Japanese, sympathizes with that countrys experiences as Japan struggles to overcome the March 11 earthquake, tsunami and nuclear power plant crisis. Rockefeller studied in Japan in the 1950s and has visited often. He knows the language. He has many Japanese friends. Only 16 percent of their land is arable land that can be used, Rockefeller said in a Friday telephone interview. The Kobe earthquake (of 1995) was incredibly destructive but didnt seem to stay in the news. This one sank in deeply in the international psyche, the sadness of it. The whole nuclear thing is powerful and fascinating and scary and deeply thought provoking, he said. We have a 50-mile radius (radiation danger zone) for Americans. They...
Public financial system has played a crucial role in the Japanese economy. In this paper, we discuss the recent drastic reform of the public financial system in Japan. After describing the former system and the background that led to the 2001 reform, we examine the features and remaining problems of the new system. At the same time, we would like to mention issues of entire financial system in Japan, which seems to be a bottleneck for realizing an ideal public financial system.
The levels of financial literacy among students of the three countries, specifically, the U.S., Belarus, and Japan were analyzed to identify similarities and differences in the student performance on a standardized test. The authors generally find that, on the average, Belarusian university students performed better than high school students and Belarusian high school students demonstrated a similar level of achievement with American high school students who did not receive personal finance instruction. Japanese students outperformed both Belarusian and American students with and without personal finance training. There was consistently higher performance on the topic of Earning Income and lower performance on the topic Savings across the three nations.
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